Venus.io and it's native XVS token mainnet is finally out!
⁃How long will yield farming last?
-Is it worth using?
⁃How high can the price go?
In today's video we're looking at the newest lending tool on the Binance Smart Chain blockchain.
Their approach allows you to collatalize your assets native to BSC and either borrow against, or mint stablecoin (VAI) against it.
It is sort of like Compound and MakerDAO combined.
Currently you can choose to get the yield in either the native token or in XVS.
More to come, and as always, check out these links below if you're feeling good about yourself today. Thank you for visiting DeFi Daily. It means the world to us to have you here. We're in this together.
Please DYOR and this is not financial advice.
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#defi #bsc #xvs