Venus Enhances Security Measures with New Partnership
Venus Enhances Security Measures with New Partnership
🔒 New Security Partnership
Venus, a decentralized money market platform on the BNB Chain, has announced a new partnership with pessimistic_io, a security firm. This move is part of Venus' ongoing efforts to prioritize security and ensure the safety and integrity of its platform. Venus has already conducted over 70 audits to bolster its security measures. The partnership with pessimistic_io is expected to further enhance Venus' security protocols, leveraging the expertise and professionalism of the security firm.
Venus prioritizes security as a core aspect of its platform. We have successfully conducted more than 70 audits to ensure the safety and integrity of our platform. We value the expertise and professionalism that @pessimistic_io brings to the table, further enhancing our
We at Pessimistic team are proud to provide our review to help ensuring the security of the notable @VenusProtocol 🔒 Discover our analysis here: github.com/pessimistic-io…
Venus Protocol Seeks Senior Smart Contract Engineers
Venus Protocol is expanding its team with positions open for Senior Smart Contract Engineers to help develop their onchain money markets. **Key Requirements:** - 5+ years software engineering experience - Deep knowledge of EVM (Ethereum Virtual Machine) - Focus on DeFi and money market protocols The role offers an opportunity to shape the future of decentralized lending and borrowing infrastructure. [Apply at Venus Protocol](https://venus.io/careers)
Venus Protocol Expands to Multiple Chains with $2.6B TVL
Venus Protocol continues to demonstrate its strength in DeFi with **$2.6B in total value locked**. The protocol maintains significant presence across major chains: - **Top TVL Chains**: BNB, Ethereum, and Arbitrum - **Additional Networks**: zkSync, Optimism, Base, Unichain, and opBNB The protocol recently launched on Unichain, featuring a streamlined lending and borrowing experience. Head of Venus Labs @bradherenow showcased the frictionless integration with Uniswap's L2. *Venus Protocol's multi-chain expansion reinforces its position as a battle-tested DeFi money market.*
Venus Protocol Reports 154% User Growth and Token Terminal Integration
Venus Protocol has experienced significant user growth, with monthly active users increasing by 154% from 9.6K to 24.4K in a one-month period. The protocol recently partnered with Token Terminal to provide: - Real-time onchain metrics - Transparent reporting for XVS stakeholders - Comparative analysis tools Users can now track Venus Protocol's growth and metrics through the [Token Terminal dashboard](https://tokenterminal.com/terminal/projects/venus). This integration marks a step toward increased transparency in DeFi analytics.
Venus Protocol on ZKSync Sees Massive User Growth in January
Venus Protocol experienced significant user growth on the ZKSync network in January 2024: - Monthly active users increased from 1,600 to 11,000 - Represents a 576% month-over-month growth - Total user base since launch: 13,200 Data verified through [Dune Analytics](https://dune.com/xvslove_team/venus-protocol-dashboard#zkSync). This growth indicates rising adoption of DeFi services on ZKSync's layer-2 network.
Venus Protocol Adds Support for Balancer (BAL) Token
Venus Protocol has integrated Balancer's BAL governance token into its platform. BAL holders can now: - Supply BAL as collateral on Venus - Borrow stablecoins or blue-chip assets against BAL holdings - Stake borrowed assets in Balancer liquidity pools - Earn additional rewards and governance power The integration expands Venus's supported assets while providing BAL holders with new DeFi opportunities. [Explore BAL market on Venus](https://app.venus.io/#/core-pool/market/0x0Ec5488e4F8f319213a14cab188E01fB8517Faa8?chainId=1)