Venus Protocol Adds eBTC Support on ETH Mainnet

馃攧 Bitcoin Meets Restaking

By Venus Protocol
Nov 14, 2024, 7:15 PM
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Photo by Venus Protocol

Venus Protocol has integrated ether.​fi's Bitcoin-backed liquid restaking token (eBTC) on Ethereum Mainnet.​

Key features:

  • First dual yield Bitcoin product combining staking and restaking
  • Supports multiple Bitcoin variants (LBTC, WBTC, FBTC, CBBTC)
  • Restaking available via EigenLayer, Symbiotic, and Karak
  • Staking through Babylon

Users who deposit eBTC will earn points from multiple protocols including Babylon, Lombard, Ether.​fi, Symbiotic, and Veda.​ The integration aims to improve asset diversity and increase ecosystem liquidity.​

Visit Venus to start using eBTC: https://app.​venus.​io

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Read more about Venus Protocol

馃毃 Venus Weekend Deadline

**Venus Protocol** is delisting **PT-USDe-30Oct2025** this weekend. **Key Details:** - Withdrawal deadline: November 15, 2025 (Saturday, 0000 UTC) - VIP proposal submitted today for immediate delisting - Users must remove their supply before the deadline **Action Required:** If you're supplying PT-USDe-30Oct2025 on Venus, **withdraw your funds immediately** to avoid potential complications. The delisting will proceed once the governance proposal passes, expected within days.

Venus Prime Incentives Double to $110k in November Allocation

Venus Prime Incentives Double to $110k in November Allocation

Venus Protocol has **doubled** its Prime incentives allocation for November, increasing from $50k to **$110k**. This significant boost in rewards reflects growing participation in the decentralized lending protocol's Prime program. - Monthly allocation jumped 120% month-over-month - Full breakdown available on Venus community forum - Community discussion ongoing for transparency The increased allocation suggests Venus is prioritizing user retention and growth through enhanced reward mechanisms. [Join the discussion](https://community.venus.io/t/adjust-prime-rewards-allocation-for-nov-25/5519) on the Venus community forum for detailed analysis.

Venus Protocol Reports Record October User Activity

Venus Protocol Reports Record October User Activity

Venus Protocol achieved its **strongest October performance** since launching, surpassing the previous record set in October 2021. The decentralized lending platform exceeded **16,387 active users** from October 2021, marking significant growth in user adoption. Key highlights: - New all-time high for October user activity - Surpassed 2021 bull market engagement levels - Demonstrates sustained platform growth This milestone reflects growing demand for decentralized lending and borrowing services as the DeFi sector continues expanding.

Venus Protocol Discusses RWA Future and DeFi Instability with Radix

Venus Protocol hosted a discussion with **Radix DLT** covering key developments in decentralized finance. The conversation explored: - **Onchain Real World Assets (RWAs)** and their future potential - Recent **DeFi market instability** and its causes - How current challenges will shape **future innovation** in the sector The discussion provided insights into how protocols are adapting to market volatility while building infrastructure for traditional asset tokenization. [Listen to the full recording](https://x.com/i/spaces/1YqKDNADokNJV)

Venus Protocol Launches USDC Borrowing Incentives

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.*

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