Venus Expands Asset Support on opBNB and Plans to Add More Assets
Venus Expands Asset Support on opBNB and Plans to Add More Assets
Venus is now live on #opBNB supporting $BTC, $ETH, $USDT, $FDUSD, and $BNB, providing a user-friendly experience with the opBNB Bridge. With the Binance Oracle integration, more assets will be supported soon. Users are encouraged to use the official opBNB bridge for bridging assets like $XVS.
Venus is live on #opBNB and currently supports $BTC, $ETH, $USDT, $FDUSD and $BNB offering a seamless and user-friendly experience using the opBNB Bridge. Have you tried it already? Thanks to the Binance Oracle integration, we'll soon be able to support more assets. Any
Venus and $XVS are now live on #opBNB. To bridge $BTC, $ETH, $USDT, $FDUSD and $BNB, we recommend users use the official opBNB bridge. 馃憠 opbnb-bridge.bnbchain.org/deposit #DeFi #Web3 #multichain @BNBCHAIN
Venus Protocol Integrates USD0 Stablecoin on Unichain
Venus Protocol has integrated USD0, a new stablecoin on Unichain that's 1:1 backed by USDT. The integration features: - Seamless bridging through LayerZero protocol - Designed for high-velocity stablecoin transactions - Zero friction capital movement The platform continues expanding its stablecoin offerings, following recent additions of USDe, sUSDe, and USD1. Users can now supply and borrow USD0 through the Venus Core Pool. [Start using USD0 on Venus](https://app.venus.io/#/core-pool/market/0xDa7Ce7Ba016d266645712e2e4Ebc6cC75eA8E4CD?chainId=130)
BNB Burn Tokenomics Proposal Now Live for XVS Holders
A new proposal regarding BNB burn tokenomics is now available for voting on Snapshot. - **Who can vote**: $XVS token holders - **Where to vote**: [Snapshot Portal](https://snapshot.box/#/s:venus-xvs.eth/proposal/0xb8f03ad2dd2988a6d2e89a1adbebc52c7a62b284ea493008752c71b7f00b3386) - **Status**: Currently active *XVS holders are encouraged to participate in this governance decision that will impact the protocol's tokenomics structure.* Cast your vote now to help shape the future of the protocol.
Venus Protocol Announces New BNB Burn Engine and XVS Tokenomics
Venus Protocol has implemented significant tokenomics changes: - New burn engine introduced for BNB token - XVS token transitions to zero emissions model - Deflationary mechanisms activated - New vesting schedule established for XVS holders These updates mark the beginning of a broader tokenomics overhaul aimed at long-term sustainability. The changes affect both the native XVS token and BNB chain interactions.
Venus Protocol Launches USDC Borrowing Incentives
Venus Protocol has introduced new borrowing incentives in partnership with Gauntlet. The program offers: - 15,000 USDC in rewards for USDC borrowers - Two-week duration for the incentive program - Available exclusively on Unichain Users can access these rewards through the [Venus Core Pool](https://app.venus.io/#/core-pool/market/0xB953f92B9f759d97d2F2Dec10A8A3cf75fcE3A95?chainId=130). *Time-sensitive opportunity: Limited two-week window to participate.*
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.