What is Xvs Venus?

Venus (XVS) is a DeFi lending platform that works as an algorithmic money market, which makes the lending platform permissionless. This mechanism enables users to instantly borrow and lend without intermediaries.

What happened Xvs Venus?

Venus Protocol faced massive liquidations of over $200 million on Wednesday due to a possible price manipulation of its native XVS token. A price spike and subsequent crash were the main causes of the liquidations. The price of the XVS token shot up nearly 90% from $76 to $144 around midnight ET time on Wednesday.

Is Xvs a good investment?

If you are looking for virtual currencies with good return, XVS can be a profitable investment option. With a 5-year investment, the revenue is expected to be around +342.69%. Your current $100 investment may be up to $442.69 in 2026.

How much is Xvs coin worth?

XVS Price and Market Stats

XVS Price $24.34
Market Cap Dominance 0.01%
Trading Volume $26,227,408
Volume / Market Cap 0.094
24h Low / 24h High $23.78 / $25.95

Is Xvs a stablecoin?

One of the top choices to earn a yield on the BSC is Venus (XVS), an algorithmic money market and synthetic stablecoin protocol, that provides a lending and borrowing solution for the decentralized finance (DeFi) ecosystem. XVS is ranked 137th cryptocurrency globally and the current price is A$34.08.

How does Xvs Venus work?

Venus (XVS) is a DeFi lending platform that works as an algorithmic money market, which makes the lending platform permissionless. This mechanism enables users to instantly borrow and lend without intermediaries.

How do I get Venus Xvs?

How to buy Venus

  1. Open an account on an exchange that supports XVS. Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
  3. Buy Venus.

What can you do with Xvs coins?

VAI tokens are synthetic BEP-20 token assets that are pegged to the value of one U.S. dollar (USD), whereas XVS tokens are also BEP-20-based, but are instead used for governance of the Venus protocol, and can be used to vote on adjustments—including adding new collateral types, changing parameters and organizing

What is Venus distribution APY?

Distribution APY is the yield as XVS. So we’ll earn BNB + XVS as interest. The borrowing limit is the maximum amount of VAI we can mint. So enter the amount and click supply. Again it will open up a MetaMask window for confirmation.

What is VRT token?

$VRT #Venus Reward Token is a mechanism created to become an additional mining distribution to suppliers and borrowers of Venus Protocol.

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