Venus Launches Gold-Backed Fixed-Term Vault on BNB Chain
Venus Protocol has launched its Fixed-Term Vault Cycle 1 on BNB Chain, offering a different approach to DeFi yields.
**Key Details:**
- Collateral: $XAUm, a tokenized gold asset from Matrixdock backed by 99.99% purity LBMA-accredited physical gold
- Target rate: ~5.4% APR (variable)
- Term: 30-day lock period
- Cap: 1M USDT
- Supply window: Closes June 17
**What Makes It Different:**
Unlike typical DeFi vaults that rely on trading strategies or farming incentives, this vault uses over-collateralized real-world assets with transparent on-chain settlement.
Matrixdock is Asia's leading RWA tokenization platform. The structure aims to bring collateral-backed fixed-term products on-chain with clear rules and defined terms.
[Supply here](https://venus.io/#/vaults?chainId=56)
*Capital at risk.*