Venus

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.

Venus Protocol has launched a new rewards program on zkSync, inviting users to participate and potentially earn rewards. This development follows a recent governance proposal that passed successfully. Key points: - Venus Protocol now offers rewards on zkSync - Users can access the rewards through the Venus app - A full proposal detailing the rewards is available for review This initiative builds on Venus Protocol's recent expansion, which included allowing users to supply up to $1,000,000 in lisUSD on the platform. To learn more about the rewards and how to participate: 1. Visit the Venus app on zkSync 2. Review the full proposal 3. Consider participating in the rewards program Stay tuned for more updates from Venus Protocol as they continue to expand their decentralized money market offerings.

Venus Protocol, a decentralized autonomous organization (DAO), has released its weekly governance update. Key proposals include establishing a FLOKI lending pool, adjusting ETH Mainnet emissions, increasing XVS/BNB liquidity management budget, and setting supply caps for PT-weETH. Ongoing votes cover enhancing security with ChainPatrol and increasing XVS/BNB liquidity budget. Recently implemented changes include risk parameter adjustments for BNB and updates to the VBNB market interest rate model. An upcoming implementation will adjust XVS Vault distribution speed on Ethereum. The update encourages community involvement in shaping Venus Protocol's future.

The Venus project has announced the launch of its first grants program, inviting innovative ideas and contributions to the Venus ecosystem. Direct applications are now being accepted through the Gitcoin platform. Interested teams or individuals are encouraged to apply for funding opportunities. However, caution is advised regarding potential scams, as Venus does not have any ongoing airdrops. The project recommends using the @realScamSniffer extension to protect against misleading links and scams while browsing.

Venus Protocol is commencing deployment on the Arbitrum network. The key steps involve transferring the Venus Treasury ownership to a Guardian wallet on Arbitrum and configuring Resilient Oracles for initial Venus markets, including USDT, USDC, WETH, WBTC, ARB (via Chainlink Oracle), and XVS (via Redstone Oracle). Comprehensive audits and simulations have been conducted. The community's vote is crucial to support this cross-chain expansion initiative.

A new forum proposal has been put forward to support the deployment of Venus, a decentralized money market, on the X Layer Ecosystem. The proposal highlights the potential benefits of this integration, including boundless scalability through X Layer's 100% EVM-compatible ZK layer, access to OKX's 50 million users, and high transaction confirmation speed. The expected impact includes boosting market stability with reliable lending/borrowing options, gaining a first-mover advantage in a high-growth ecosystem, and expanding into the Asian market via OKX's vast reach.

Venus, the leading decentralized money market on the BNB Chain, is hosting an Ask Me Anything (AMA) session on May 8th, 2024. The event will provide insights into the upcoming Liquid Staked ETH pool, a new offering on the platform. Attendees will have the opportunity to learn more about this innovative product and engage with the Venus team.

Venus Protocol has announced that retroactive points have been credited to all users for their $weETH deposits on the Venus ETH Mainnet. Additionally, live points tracking for $weETH deposits is now available on the portfolio page. Users can stake on Venus to earn double points, along with additional points from Eigenlayer.