Venus Prime is now live on Venus protocol!

Venus's Flux protocol operates through three distinct modes, each serving different use cases: **Lend Mode** - Supplies liquidity to shared pools across 30+ vaults - Higher stablecoin rates than Venus Core due to concentrated demand - Utilization stays elevated from multiple vault borrowing **Borrow Mode (CDP-style)** - Collateral (BNB, BTCB, ETH, wBETH, syrupUSDT) never enters lending pools - Each vault pairs specific collateral with debt (e.g., BNB/USDC) - Similar to MakerDAO's approach **Multiply Mode** - Automates leverage in single transaction - Example: 3x BNB exposure through automated supply, borrow, and re-collateralization - One health factor, simplified monitoring **Smart Vaults Feature** - Collateral or debt can be DEX LP positions - Trading fees from swaps accrue to vault holders - Reduces net borrowing costs for users - Does not increase lender yields The shared liquidity architecture allows borrow spikes to be absorbed across the system rather than isolated pools, maintaining more stable rates while improving capital efficiency.

A vulnerability in the Hyperbridge gateway was exploited, enabling unauthorized minting of DOT tokens on Ethereum. Venus responded by implementing protective measures. **Actions Taken:** - Paused DOT supply and borrowing operations - Set DOT collateral factor to 0 - Removed DOT market from Binance Wallet loan offerings Users retain the ability to repay and withdraw DOT directly through the Venus UI. The Venus protocol itself was not compromised. The team will announce when DOT operations will resume.

Venus users switching between Core and Flux protocols are noticing distinct differences in interest rates - and it's not just the numbers themselves that vary. **Key Observation:** - Rates between Venus Core and Venus Flux display different values - The rates also exhibit different movement patterns - This represents a fundamental difference in how each protocol calculates and adjusts rates The variation suggests each protocol uses distinct algorithmic approaches to determine lending and borrowing rates, likely optimized for different use cases or market conditions within the Venus ecosystem.

Venus has introduced a new Pendle Fixed-Rate Vault on Venus Core, expanding its DeFi product offerings. The integration brings fixed-rate yield opportunities to Venus users through Pendle's protocol. This allows users to lock in predictable returns on their crypto assets, addressing one of DeFi's key challenges: yield volatility. **Key features:** - Fixed-rate earning options for Venus users - Integration with Pendle's yield tokenization protocol - Available on Venus Core platform The vault aims to provide more stability and predictability for users seeking consistent returns in the decentralized finance ecosystem. Full technical details and implementation specifics are available in the [official launch post](https://venuslabs.medium.com/introducing-the-pendle-fixed-rate-vault-on-venus-core-ff069e6630e2).

Pendle and Venus have announced a collaboration to make fixed-rate DeFi more accessible on BNB Chain. **Key Details:** - Pendle provides the underlying yield infrastructure - Venus builds the vault through BNB Chain's largest lending market - The partnership aims to bring fixed-rate DeFi products to a broader audience - Users can access these products through Venus's established lending platform This collaboration combines Pendle's yield tokenization technology with Venus's market presence to offer predictable returns in DeFi.