Project Basic Information
Issue Time: 2020-09-26
Total Supply: 29,960,733
White paper: https://venus.io/Whitepaper.pdf
Block Explorer: https://bscscan.com/token/0xcf6bb5389c92bdda8a3747ddb454cb7a64626c63
Venus is an algorithmic money market and synthetic stable coin protocol launched exclusively on Binance Smart Chain (BSC). The protocol introduces simple-to-use crypto-asset lending and borrowing solution to the decentralized finance (DeFi) ecosystem, enabling users to directly borrow against collateral at high speed while losing less to transaction fees. In addition, Venus allows users to mint VAI stable coin on-demand within seconds by posting at least 200% collateral to the Venus smart contract.