Venus Partners with zkBridge as Cross-Chain Oracle on LayerZero
Venus Partners with zkBridge as Cross-Chain Oracle on LayerZero
Venus announces a partnership with zkBridge to enable cross-chain interoperability on LayerZero. This will allow secure and efficient transfer of XVS and VAI tokens between BNB Chain and other blockchains. The partnership will bring seamless integration, enhanced security, and increased efficiency to Venus users. The collaboration with zkBridge is expected to revolutionize cross-chain connectivity in the world of decentralized finance.
📣 Exciting news! Venus is thrilled to announce our partnership with @PolyhedraZK as our cross-chain Oracle on LayerZero! 🤝 ✨With zkBridge on board, Venus will unlock a whole new level of interoperability across different blockchains. 🌐 💫 By bridging the gap between chains,
🔥Important update to the @LayerZero_Labs integration proposal to the Venus Community The update outlines a renewed vision for Venus as an omnichain money market. Since their original proposal, LayerZero has grown substantially, alongside Venus, and there is now an exciting
⚡️$XVS holders know what they want! With this snapshot, Venus moves one giant step closer to the omnichain world with @LayerZero_Labs supporting markets for cross chain supply and borrow🤝 $XVS $VAI #DeFi #VenusPrime
Our proposal for @VenusProtocol to integrate LayerZero has passed with flying colors! ✅ snapshot.org/#/venus-xvs.et…
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)