• Tổng hợp
    • Hỏi đáp
    • Biển số
    • Con số ý nghĩa
  • Sức khoẻ
    • Mẹ và bé
    • Gym
    • yoga
    • Chăm sóc răng miệng
    • Bí quyết sống lâu
    • Rèn luyện sức khỏe
  • Cuộc sống
    • Bí kíp yêu
    • Mẹo vặt cuộc sống
    • Bài học cuộc sống
    • Câu chuyện thành công
    • Kinh nghiệm sống
  • Làm Đẹp
    • Sản phẩm làm đẹp
    • Thẩm mỹ viện
    • Nail
    • Răng sứ
  • Học tập
    • Lịch sử
    • GDCD
    • Toán
    • Văn học
    • Công nghệ
    • Địa lý
    • Hoá học
    • Sinh học
    • Tin học
    • Vật lý
    • Tiếng Anh
  • Game
    • Code Game
    • Game private
No Result
View All Result
No Result
View All Result

Venus price, XVS chart, and market cap | CoinGecko

Admin by Admin
14/05/2022
in Coin
0

Nội dung bài viết

  1. What is XVS?
  2. How to obtain XVS?
  3. What is Venus Protocol?
  4. Token Economics
  5. How to use Venus Protocol?
  6. What is VAI?
  7. What is the Collateral Factor?
  8. What is the Reserve Factor?
  9. How to use Binance Smart Chain?
  10. What is the Venus Reward Token (VRT)?
Venus price nowadays is $ 4.23 with a 24-hour trade book of $ 8,293,753. fifteen monetary value is gloomy -7.7 % in the last 24 hours. It has a circulating issue of 13 Million XVS coins and a sum provide of 29.7 Million. If you are looking to buy or sell Venus, AEX is presently the most active voice exchange. Venus hit an all time high of $ 146.82 on May 10, 2021 ( about 1 class ). Venus had an all time low of $ 1.65 on Oct 06, 2020 ( over 1 year ). The 24 hour trading volume of Venus is $ 8,293,753.

Reading: Venus price, XVS chart, and market cap | CoinGecko

You can trade Venus on AEX, BingX, and Binance .

What is XVS?

fifteen is the administration token for Venus Protocol .

How to obtain XVS?

You can purchase fifteen from Pancakeswap and Binance. You can find fifteen deal on respective centralized and decentralized cryptocurrency exchanges .

What is Venus Protocol?

venus money protocol binance smart chain

Venus Protocol is a money market and stablecoin protocol that operates on Binance Smart Chain. The protocol is forked from Compound and MarkerDAO .
Binance in the first place incubated Venus Protocol. After Binance acquired Swipe, Swipe took over the work of developing Venus Protocol .

Token Economics

30 million XVS have been minted at the genesis and will become accessible over the course of 4 years. The initial four-year allotment is as follows :
– 20 % to Binance Launchpool participants staking BNB, BUSD, and SXP .
– 1 % to Binance Smart Chain ecosystem grants .
– 79 % to Venus fluidity providers over a period of 4 years .
venus money market binance smart chain xvs supply token venus projected circulating supply money market

How to use Venus Protocol?

exchangeable to how lending/borrowing protocol function, users can deposit assets into the Venus protocol and receive vTokens that accrue returns based on the varying matter to rates. In the interim, borrowers will have to pay the variable interest rates for the funds they borrow. The interest rates are calculated algorithmically by provision and demand. only overcollateralized loans are supported immediately. Supported assets include ETH, USDC, XRP, FIL, and BCH .

What is VAI?

Read more: Coin Master free spins & coins: Daily links [May 2022]

By posting collaterals in Venus, users can mint VAI – an overcollateralized stablecoin pegged to USD .

What is the Collateral Factor?

The collateral factor determines how much a drug user can borrow based on the collateral posted. Using Swipe as an example, it has a collateral component of 60 %, which means depositing $ 1,000 worth of SXP allows the users to borrow at most $ 600 worth of assets .
 venus money protocol stablecoin binance smart chain

What is the Reserve Factor?

The Reserve Factor refers to how much of the pastime rate earned goes to the Reserve Pool. The Reserve Pool is created to protect lenders against borrower default and liquidation malfunction. Using the same case as above, SXP has a reserve agent of 20 %. 20 % of the interest render earned from the SXP borrowings will be directed to the protocol ’ south substitute and act as an policy fund .

How to use Binance Smart Chain?

To access Binance Smart Chain, users can access it through Metamask or Binance Chain Wallet. Users will have to customize their Metamask by key in the following details after choosing a custom RPC from the network ’ sulfur option .
binance smart chain

Binance operates two different chains :


  1. Binance Chain – BEP 2

  2. Binance Smart Chain ( BSC ) – BEP 20

Binance DEX is the elementary decentralized app operating on Binance Chain. Most other projects are building on the Binance Smart Chain. The easiest direction to convert any assets to its BEP 20 representation is through the Binance exchange .
For example, after depositing Bitcoin to Binance Exchange, users can choose to withdraw it in the forms of ERC 20 ( ETH ), BEP 2 ( Binance Chain ), BEP 20 ( BSC ), and BTC ’ s native chain. Choose BEP 20 if you would like to have the asset interact with Venus .
binance smart chain
An alternate is through Binance Bridge, where users can swap the assets cross-chain from any L1 chain to BSC .
Users will need to have BNB to pay for any transaction fee on Binance Smart Chain, alike to how users will need ETH to pay for transaction fees on Ethereum .
Users can besides access the earning section of Venus through the Swipe Wallet app under the DeFi section.

Read more: Coin Master free spins & coins: Daily links [May 2022]

What is the Venus Reward Token (VRT)?

Venus Reward Token ( VRT ) is a newfangled token launched by the Venus team as an extra mine distribution to lenders and borrowers of the protocol. It was airdropped to the protocol users sometime around 20th May 2021 at an sum of 1000 VRT to 1 fifteen .

source : https://wikisongkhoe.com
Category : Coin
5/5 - (325 bình chọn)
Admin

Đây là website tự động và trong giai đoạn thử nghiệm tool tự động lấy bài viết, mọi thông tin đăng tải trên website này chúng tôi không chịu trách nhiệm dưới mọi hình thức, đây không phải là một website phát triển thông tin, nó được xây dựng lên với mục đích thử nghiệm các phương pháp tự động của chúng tôi mà thôi. Nếu có khiếu nại vui lòng gửi thông tin cho chúng tôi.

Share360Pin81Share

Bài viết liên quan

Best Crypto Exchanges

15/05/2022

Top Crypto Discord Servers / Groups to Follow in 2022 [Updated]

15/05/2022

Why is crypto down today? Terra Luna market price | NationalWorld

15/05/2022

What Is Cryptocurrency? Here’s What Investors Should Know – NerdWallet

15/05/2022

Crypto 101: A Beginner’s Guide to Cryptocurrency | SoFi

15/05/2022

What is XDC Network, D.C. United’s new jersey sponsor?

15/05/2022
Next Post

Zerodha Coin Review – Invest Direct Mutual Fund With Rs.0 Cost

Tutorial - Sending TZEN to Cobalt Wallet - Horizen

COIN App Review – Legit or Scam? (All Details Revealed)

Trả lời Hủy

Email của bạn sẽ không được hiển thị công khai. Các trường bắt buộc được đánh dấu *

Kiến thức làm đẹp và sức khoẻ

  • Trang chủ
  • Liên hệ

No Result
View All Result
  • Tổng hợp
    • Hỏi đáp
    • Biển số
    • Con số ý nghĩa
  • Sức khoẻ
    • Mẹ và bé
    • Gym
    • yoga
    • Chăm sóc răng miệng
    • Bí quyết sống lâu
    • Rèn luyện sức khỏe
  • Cuộc sống
    • Bí kíp yêu
    • Mẹo vặt cuộc sống
    • Bài học cuộc sống
    • Câu chuyện thành công
    • Kinh nghiệm sống
  • Làm Đẹp
    • Sản phẩm làm đẹp
    • Thẩm mỹ viện
    • Nail
    • Răng sứ
  • Học tập
    • Lịch sử
    • GDCD
    • Toán
    • Văn học
    • Công nghệ
    • Địa lý
    • Hoá học
    • Sinh học
    • Tin học
    • Vật lý
    • Tiếng Anh
  • Game
    • Code Game
    • Game private

Kiến thức làm đẹp và sức khoẻ