1H
0.63%$0.0156
24H
0.60%$0.0149
7D
6.17%$0.1447
30D
-8.10%$0.2195
Venus is an algorithmic money market and synthetic stablecoin protocol launched exclusively on Binance Smart Chain (BSC).
The protocol introduces a 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 stablecoins on-demand within seconds by posting at least 200% collateral to the Venus smart contract.
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 product improvements.
The governance of the protocol is entirely controlled by XVS community members, since the Venus founders, team members and other advisors do have any XVS token allocations.
Delisting of shares can be voluntary or involuntary and usually comes when a company ceases operations, declares bankruptcy, merges, does not meet listing requirements, or seeks to become private. Here, we will discuss why a stock might be delisted and what happens once it is removed from an exchange.
This article covers everything you need to know about LivLive’s presale schedule and launch date, when the token generation event will happen, and the timeline for exchange listings.