Venus Protocol

Lombard Finance has launched LBTC on the Venus Protocol, introducing a new yield-bearing Liquid Staked Token backed 1:1 by Bitcoin. Key features: - Maintains full Bitcoin exposure while enabling DeFi functionality - Can be used as collateral on Venus - Supports borrowing against holdings - Offers 3x points multiplier through Lombard Lux Program Users can now access these features through the Venus Protocol interface.

Venus Protocol's latest governance update includes several key developments: - **New Markets**: Proposals to add LBTC on Ethereum and gmETH on Arbitrum - **Expansion**: Implementation of Omnichain Governance for ZKSync and Optimism networks - **Risk Updates**: Parameter adjustments for BNB and FLOKI markets on BNB Chain - **Infrastructure**: New Treasury and Oracle systems on Base network - **Asset Integration**: Consideration of wsuperOETHb as collateral on Base These changes aim to enhance Venus Protocol's cross-chain capabilities and risk management framework.

Venus Protocol is preparing for deployment on Base network with two key proposals under discussion: - Proposal to add **Lido Finance's wstETH** as a collateral asset on the upcoming Venus Core Pool - wstETH currently leads as Base network's primary Liquid Staking Token with 45,000 wstETH in bridged TVL - A separate proposal from Origin Protocol suggests adding **wsuperOETHb** as collateral Community members can participate in discussions via the Venus forum and vote on the Base deployment proposal through Snapshot.

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

At the Chaos Summit in Bangkok, Venus Labs and Chaos Labs announced a groundbreaking partnership. Venus Protocol will become the first platform to implement the Edge Risk Oracle system. - The announcement was made by Venus Labs Head @bradherenow and Chaos Labs founder @omeragoldberg - Edge Risk Oracle aims to enhance protocol security and risk management - Integration marks a significant milestone in DeFi risk assessment This development signals a new era in decentralized finance risk management, potentially setting a standard for other protocols.

Venus Protocol has integrated Circle's native USDC on zkSync Era, expanding its lending and borrowing capabilities. As the leading lending platform on zkSync Era by TVL, Venus now supports 6 markets including: - ZK - USDT - Native USDC - Bridged USDC.e - WBTC - WETH **Key Benefits of Native USDC:** - Direct minting via Circle - Seamless fiat off-ramping - Enhanced cross-chain potential Users can enjoy gas-free transactions through Zyfi paymaster integration. zkSync Era operates as a zero-knowledge rollup, maintaining Ethereum's security while improving scalability.

Venus Protocol's latest governance proposals include several key initiatives: - **Yearn Finance Integration**: Proposal to add yvUSDC, yvUSDT, yvDAI, yvUSDS, and yvWETH vaults as collateral on Ethereum and Arbitrum - **New Market Additions**: - Native USDC market on zkSync - EIGEN market on Ethereum - wUSDM across multiple chains - Lombard's LBTC on Ethereum and BNB Chain - **Infrastructure Updates**: Implementation of multichain governance permissions across Ethereum, Arbitrum One, and opBNB Community voting is ongoing for these proposals through the protocol's governance system.

Venus Protocol has integrated Solv Protocol's solvBTC into its core pools, expanding Bitcoin-powered finance capabilities on BNB Chain. The integration offers: - Enhanced liquidity across BTCFi ecosystem - Daily rewards of 10 XP/$1 through Solv Points - New DeFi strategies for BTC holders - Seamless Venus lending platform integration With over 18,000 BTC in reserves, users can now supply and borrow solvBTC through Venus Protocol's lending platform. This follows the extension of SolvBTC/BTCB liquidity mining rewards for an additional 30 days on BNB Chain.

Venus Protocol demonstrates significant governance engagement in 2024: - Averages 9 governance proposals monthly - Ranks 2nd most active in governance among top 5 DeFi protocols by TVL - Reached 105 total proposals this year - Shows consistent development with 3.3K commits in 2024 - Represents 52% of total commits among top 5 lending protocols These metrics indicate sustained community participation and protocol development throughout 2024.

Venus Protocol announces two major updates to enhance DeFi accessibility: - Direct access to Venus BNB liquidity now available through Pendle Finance integration - New Liquid Staked ETH pools launched on multiple chains: * Arbitrum * Ethereum * BNB Chain Users can now supply and borrow: - WETH - wstETH (Lido Finance) - weETH (Ether.fi) These additions allow users to earn Ethereum staking rewards while participating in Venus markets.