Venus Protocol

Venus, a decentralized money market platform on the BNB Chain, has experienced a notable surge in its user base. According to data from TokenTerminal, the protocol witnessed a 35% increase in monthly active users since February 2024, rising from 7,000 to 9,500 users. Venus allows users to earn, borrow, and lend cryptocurrencies in a decentralized manner on the BNB Chain.

Travala.com, a leading travel booking platform, has proposed integrating with Venus, a decentralized money market on the BNB Chain. The proposal aims to enable Venus holders to book over 3 million hotels, flights, and activities worldwide using the XVS token. Travala.com is seeking community feedback on potential top travel destinations.

Venus Protocol, a decentralized money market platform, has achieved remarkable growth within just one week of its launch on the Ethereum Mainnet. According to data from DuneAnalytics, the protocol has already amassed a market size exceeding $70 million. This rapid expansion comes on the heels of Venus Protocol's record-breaking quarter, where it reported over $10 million in protocol reserves and $3 million in liquidation fees, totaling more than $13 million – the highest in its history.

MonetSupply of BlockAnalitica has proposed listing DAI as collateral on the Ethereum Mainnet. This proposal aims to enable users to earn, borrow, and lend on the decentralized money market platform operating on the BNB Chain.

Venus Protocol, a decentralized money market platform, has announced the upcoming activation of Venus Prime on the Ethereum network. Initially, only 500 spots will be available, and users are encouraged to stake their XVS tokens to secure a position. Venus Prime aims to provide earning, borrowing, and lending services on the Ethereum blockchain.

Venus, a decentralized money market platform on the BNB Chain, and TrustWallet, a popular cryptocurrency wallet, are collaborating to host a side event at TalentLand2024 in Guadalajara, Mexico. The event, scheduled for April 4th, 2024, at 5:00 PM local time, will be held at the AGUAFUERTE Bar. Attendees can expect to learn about Venus's deployment on the Ethereum network and the upcoming VenusPrime. Tickets for the event are available for purchase.

Venus Protocol has announced the launch of its decentralized money market on the Ethereum mainnet, featuring community incentives from Lido Finance with wstETH and Curve Finance with CRV tokens. The Venus community is also offering XVS incentives. Previously, Venus enabled wrapping and unwrapping of ETH and BNB tokens for staking, introduced a liquid staking pool for wstETH and WETH, and launched an XVS Vault on Ethereum. Venus also held a campaign to bridge XVS to Ethereum and distribute rewards.

Venus Protocol, a leading decentralized lending platform, has reported sustained growth since October 2023. According to data from TokenTerminal, Venus Protocol is on track to end March with the highest net deposits and active loans in the last 12 months. This achievement highlights Venus Protocol's position as a leader in the decentralized finance industry. The protocol's development team has been praised for their unmatched commitment and innovation, propelling them to the top spot in code commits among the top 5 lending protocols over the past 90 days.

Venus, a prominent decentralized money market on the BNB Chain, has successfully migrated to the InterPlanetary File System (IPFS). IPFS is a distributed system for storing and accessing files, data, and websites in a decentralized manner, offering enhanced security, reliability, and efficiency compared to traditional centralized storage methods. This transition positions Venus to leverage the benefits of IPFS for its decentralized applications (dApps) and community.

Venus, a decentralized money market platform on the BNB Chain, has announced a new partnership with pessimistic_io, a security firm. This move is part of Venus' ongoing efforts to prioritize security and ensure the safety and integrity of its platform. Venus has already conducted over 70 audits to bolster its security measures. The partnership with pessimistic_io is expected to further enhance Venus' security protocols, leveraging the expertise and professionalism of the security firm.