🚀 Venus Flux Beta Goes Live on BNB Chain

Venus Protocol has clarified the qualification process for its ongoing Flux Deposit Campaign rewards. **Key Requirements:** - Supply minimum $100 on Venus Flux - Maintain position for at least 24 hours - One wallet counted once **Verification Timeline:** After meeting the 24-hour requirement, eligibility verification uses on-chain data. Due to 12-hour data update cycles and retrieval delays, qualified wallets may take more than 12 hours to appear in the system. The campaign runs through March 24 (12:00 UTC) with an $8,000 reward pool. Venus Flux launched as the first Unified Liquidity Layer on BNB Chain, reaching $100M TVL within 24 hours and currently managing $300M in market size. Participants can check tasks at [Galxe campaign page](https://app.galxe.com/quest/Venus/GC6DLtYXn3).

Maple Finance's syrupUSDT product has attracted significant user activity on BNB Chain since launch. **Key Metrics:** - $64.9M in total supplied assets across four pools - $49.2M borrowed by users - 75.9% utilization rate The high utilization rate indicates strong demand for borrowing against the supplied assets. Users can view real-time data on the [Venus Flux dashboard](https://flux.venus.io/dashboard/56). The early adoption suggests BNB Chain users are actively using syrupUSDT for lending and borrowing activities.

Venus has listed XAUm, a tokenized gold asset, marking the first real-world asset (RWA) collateral on its lending platform on BNB Chain. **Key Details:** - XAUm is provided through a partnership with Matrixdock - Chainlink price feeds secure the collateral valuation with decentralized, tamper-proof data - Venus positions this as the beginning of broader RWA integration **What's Next:** The platform plans to expand listings to include tokenized treasuries and private credit as more real-world assets move on-chain. Venus frames this development as building infrastructure connecting traditional finance with decentralized finance on BNB Chain. [Read more](https://venuslabs.medium.com/gold-on-chain-venus-lists-xaum-secured-by-chainlink-bringing-real-world-assets-to-bnb-chain-e1a4e8adcd55)

A major lending protocol on BNB Chain now accepts real gold as collateral for borrowing. **Key Features:** - Users can hold physical gold while borrowing against it - No need for synthetic tokens or selling positions - Direct integration with DeFi lending markets - Maintains exposure to gold while accessing liquidity This development removes the traditional barrier between physical assets and decentralized finance. Users can now leverage their gold holdings without converting to wrapped or synthetic versions, keeping their original position intact while accessing borrowed funds through the protocol.

Matrixdock has established itself as a leading tokenized gold provider in Asia, offering institutional-grade digital gold backed by physical assets. **Key Features:** - LBMA-standard gold backing - Bureau Veritas audited for transparency - Physically redeemable tokens - Member of Singapore and Hong Kong bullion markets The platform bridges traditional precious metals markets with blockchain technology, providing users with audited, redeemable digital gold tokens that meet institutional standards.