Venus (XVS) Research Project Report

  • Venus is building a Decentralized Finance (DeFi) money market platform on Binance Smart Chain to enable digital asset lending and generation of synthetic stablecoins backed by a basket of various BEP-20 assets.
  • The project aims to support three core features:
    • Over-collateralized lending where users can borrow assets whose value is 75% or lower than that of the assets supplied.
    • Earn interest by supplying supported collateral assets to the protocol.
    • The ability to mint VAI, the protocol's default synthetic stablecoin pegged to the value of 1 USD.
  • The XVS token is the native BEP-20 governance token of the platform and is primarily used for voting in governance decisions such as product improvements, integration of new collateral, changes in platform parameters, etc.
  • According to the initial platform setting, 79% of the total XVS token supply will be allocated for Ecosystem Mining and be distributed as follows:
    • 35% to the Lending Pool, or to users who receive interest by depositing assets for others to borrow.
    • 35% to the Borrowing Pool, or to users who borrow assets and pay interest to the platform.
    • 30% to the Stablecoin Pool, or to users who mint VAI on the platform.
      Ranking 98/104  
      XVS Price $37.64  
      Price Change 24h $8.40  
      24h Low / 24h High $28.11 / $40.29  
      24 Hour Trading Vol $120,122,895  
      Market Cap $313,709,661  
      Max Supply 30,000,000  
      Circulating Supply 8,334,891 / 30,000,000  
      XVS Price History    
        7d Low / 7d High $10.42 / $40.29
        30d Low / 30d High $3.68 / $40.29
        90d Low / 90d High $2.50 / $40.29
        52 Week Low / 52 Week High $2.07 / $40.29
      All Time High $40.29  
      About XVS    
      Trader Analysis XVS/USDT  
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