Venus will hold an AMA in X on February 24th

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Venus will host an AMA session on X together with GMX on February 24 at 13:00 UTC.

The discussion will focus on the recent launch of gmBTC and gmWETH by GMX on Venus Arbitrum.

Information about XVS

Venus Protocol is a decentralized financial lending protocol on the BNB Chain created by the Swipe development team. The protocol bridges traditional finance and DeFi, bypassing the issues typically associated with Ethereum.

Users can borrow and lend cryptocurrency thanks to the over-collateralization mechanism. Venus also allows the creation of stablecoins (VAI) based on collateralized positions. A distinctive feature is the ability to use collateral funds for loans as well as for issuing stablecoins without the need to withdraw assets.

XVS ( standard BEP-20) is the governance token of the Venus Protocol, which grants holders the right to vote on key protocol development issues. XVS holders control future upgrades, the selection of supported tokens, and other system parameters.

XVS-0,42%
GMX-3,85%
BTC-3,81%
ARB-2,72%
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