Venus Protocol Announces New BNB Burn Engine and XVS Tokenomics
Venus Protocol Announces New BNB Burn Engine and XVS Tokenomics
馃敟 BNB's New Burning Ritual
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.
A new burn engine for $BNB. No new emissions, deflation, and vesting for $XVS. And we鈥檙e just getting started.
馃毃 Major @VenusProtocol community proposal: Launching a transformative initiative on @BNBCHAIN! 1锔忊儯 Venus becomes a BNB Native Burn Engine 2锔忊儯 BNB holders gain Real Yield via Deflation 3锔忊儯 XVS holders see Zero new Emissions on BNB Chain 4锔忊儯 Stronger Governance = Institutional
A new burn engine for $BNB. No new emissions, deflation, and vesting for $XVS. And we鈥檙e just getting started.
馃毃 Major @VenusProtocol community proposal: Launching a transformative initiative on @BNBCHAIN! 1锔忊儯 Venus becomes a BNB Native Burn Engine 2锔忊儯 BNB holders gain Real Yield via Deflation 3锔忊儯 XVS holders see Zero new Emissions on BNB Chain 4锔忊儯 Stronger Governance = Institutional
Venus Protocol Closes 5th Anniversary Quiz Contest with 500 USDT Prize Pool
Venus Protocol's **5th anniversary quiz contest** ends today, offering participants a final chance to compete for prizes. **Contest Details:** - 500 USDT total prize pool - Ten winners will share the rewards - Perfect scores required to qualify - Winners announced tomorrow Participants must submit all correct answers by the deadline to be eligible for the prize distribution.
Venus Protocol $40,000 WBNB Pool Incentive Program Ends Today
**Final opportunity** to participate in Venus Protocol's $40,000 incentive program for the $WBNB pool on Merkl. **Key requirements:** - Hold at least 50 $XVS tokens in your wallet - Supply or borrow in the $WBNB pool - Program ends today (November 29, 2025) **Benefits available:** - Boosted supply rates for lenders - Subsidized borrowing costs - Share of $40,000 total rewards The 5-day program launched on November 25 and provides incentives on both supply and borrow sides of the pool. [Access the program](https://app.merkl.xyz/?search=Venus) | [Venus WBNB Pool](https://app.venus.io/#/pool/0xfD36E2c2a6789Db23113685031d7F16329158384/market/0x6bCa74586218dB34cdB402295796b79663d816e9?chainId=56&tab=supply)
Venus Joins BNB Chain DeFi Festival with $1M Prize Pool
**Venus Protocol** has joined the BNB Chain DeFi festival alongside SolvProtocol and BounceBit. The collaboration features a **combined $1M prize pool** available through Binance Wallet. - Festival brings together major DeFi protocols on BNB Chain - Prize distribution details to be announced soon - Participants can access rewards via Binance Wallet More announcements expected on how users can claim their share of the substantial reward pool.
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.