Venus Protocol

Venus Protocol, a leading decentralized finance (DeFi) platform, has announced its expansion to the Optimism network. This move brings advanced DeFi capabilities to the Layer 2 scaling solution. Key points: - Venus Protocol now available on Optimism - Expansion aims to enhance DeFi accessibility and reduce transaction costs - Users can access lending, borrowing, and yield-earning features on Optimism The integration with Optimism is expected to benefit users by providing faster transactions and lower fees while maintaining the robust features of Venus Protocol. For more information, visit the Venus Protocol website or join their community channels.

Venus Protocol has expanded to Optimism, launching with five key markets: WBTC, WETH, USDT, USDC, and OP. This move makes Venus eligible for Optimism's Retro Funding of 850M $OP. - Venus now operates on 6 chains: Arbitrum, Optimism, Ethereum, opBNB, zkSync, and BNB Chain. - Over the last 3 months, Venus reported an average revenue per user (ARPU) of $80, 87% higher than competitors. - Venus's ARPU increased by 23% during this period. Next steps include introducing Venus Prime to Optimism, offering enhanced benefits to users. **Check out Venus on Optimism**: https://app.venus.io/#/?chainId=10

Venus Protocol's XVS Vault on ZKSync has demonstrated significant growth: - Over 140K XVS staked by September's end - Zero withdrawals recorded - Average weekly growth of 150% - 47K XVS added per week This growth follows Venus Protocol's earlier success on ZKSync: - TVL grew 4895% to $19M in one week - Became leading lending protocol on ZKSync - Captured 47% of ZKSync's total lending TVL Venus Protocol has also shown strong performance in other areas: - Highest daily average revenue growth among top 5 TVL protocols - 8.7% growth over 30 days, generating $732K - 3.3K commits in 2024, surpassing top 5 lending protocols combined

Venus Protocol's XVS Vault on ZKSync has demonstrated significant growth: - Over 140K XVS staked by September's end - Zero withdrawals recorded - Average weekly growth of 150% - Weekly addition of 47K XVS This data, sourced from Dune Analytics, highlights the increasing popularity and user confidence in the Venus Protocol's staking mechanism on the ZKSync network. For more detailed insights, visit: https://dune.com/xvslove_team/venus-protocol-eth-mainnet #VenusProtocol #DeFi #XVS #zkSync

The supply caps for several cryptocurrencies on zkSync are approaching their limits: - $USDT - $USDC.e - $ZK - $WBTC - $WETH The team is actively working to increase these supply caps in the coming weeks. Users can continue to supply to these markets until the caps are reached. **Important points:** - Supply caps are close to being reached - Team is working on increasing caps - Supply still possible until caps are hit Stay informed for updates on this developing situation.

Venus Protocol has launched new Liquid Staked ETH (LST) pools on Arbitrum, BNB Chain, and Ethereum. Users can now supply and borrow WETH, wstETH (Lido Finance), and weETH (Ether.fi) while benefiting from Ethereum staking rewards. Key points: - New pools available on multiple chains - Supports WETH, wstETH, and weETH - Users can earn staking rewards while using Venus markets An AMA session with Lido Finance and Ether.fi is scheduled for October 2nd at 9AM EST / 3PM CET to discuss Liquid Staked ETH on Venus. To explore these new DeFi solutions, visit: https://app.venus.io/#/?chainId=56

VanguardVantage, the recognized delegate and growth arm of Venus, has announced a collaboration with DeGuardVPN. This partnership aims to provide: - 20 Venus Hardware Wallets - Over 2,000 free monthly VPN service plans This campaign offers Venus community members an opportunity to enhance their digital security with hardware wallets and VPN services. Interested participants should check the campaign details for entry requirements and distribution methods. **Note**: This offer combines cryptocurrency storage security with online privacy protection, potentially benefiting Venus users in multiple aspects of their digital lives.

Venus, the leading decentralized money market on BNB Chain, is set to integrate with Clave wallet. This partnership will expand Venus' reach and provide Clave users with access to earning, borrowing, and lending services. Key points: - Venus Protocol coming to Clave wallet - Integration expands Venus' accessibility - Clave users gain access to DeFi services Stay tuned for the official launch date and more details on how to utilize Venus features within the Clave ecosystem.

LayerZero_Core is progressing with its Omnichain development, as evidenced by two recent events: - **September 25, 2024**: Initial 'Build Omnichain' event - **October 3, 2024**: Follow-up 'Build Omnichain' event These consecutive events suggest ongoing efforts to: 1. Expand cross-chain capabilities 2. Enhance interoperability between blockchains 3. Develop new omnichain solutions *Key Takeaway*: LayerZero_Core is actively working on omnichain technology, potentially revolutionizing blockchain connectivity. **Stay tuned** for further updates on LayerZero_Core's omnichain development progress.

zkSync, a Layer 2 scaling solution for Ethereum, has experienced significant growth in a short period: - Nearly $11 million supplied in less than 24 hours - This rapid increase suggests growing interest in zkSync's ecosystem - The development may indicate rising adoption of Layer 2 solutions This growth could potentially impact: - Ethereum's scalability efforts - DeFi landscape on Layer 2 networks - User adoption of zkSync-based applications *Note*: While impressive, it's important to monitor long-term trends to assess the sustainability of this growth.