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Namaste Venus : Episode 1/5 Overview of Venus protocol Venus Protocol (Venus Labs) is a multi-chain DeFi platform now on Ethereum, Arbitrum, ZkSync Era, Optimism, and BNB Chain. What Does It Do: It provides decentralized lending, borrowing, and stablecoin minting services. Tokens: VAI: A stablecoin pegged to USD, minted using collateralized crypto assets. XVS: The governance token, enabling community-driven decision-making. How Has It Evolved: Venus has evolved from V1 to V4 with major upgrades in risk management, governance, and the introduction of Venus Prime. V5, focusing on further enhancements, is currently in development. Why It Matters: Venus democratizes access to financial services, making lending and borrowing faster, cheaper, and fully decentralized. Watch our Episode 1/5 in Hindi where we explore: • Venus Protocol: An overview, key milestones, and updates from V3 to V4 (including Venus Prime) and key objectives. • How Venus Works: Lending, borrowing, and minting stablecoins. • Decentralized Money Markets: What they are and why they matter. • Synthetic Stablecoins & Algorithmic Money Markets. Watch it here 👉 https://lnkd.in/gAvRWKmq Stay tuned for the next episode 😄!

Core pool on Venus It’s the main liquidity pool where users deposit assets, which are then lent out to borrowers. Here’s how it works: • Deposit Assets: Add your assets and receive vTokens in return, representing your share of the pool. • Earn Interest: Your vTokens earn interest over time, giving you passive income. • Borrowers’ Collateral: Borrowers need to provide collateral, securing their loans and minimizing risk. And VenusProtocol (Venus Labs) automatically adjusts interest rates based on market supply and demand. How vTokens Work: • Deposit & Get vTokens: Deposit assets (like BNB, USDT) and receive vTokens (e.g., vBNB, vUSDT) representing your share. • Earn Interest: Your vTokens automatically earn interest over time. • Collateral for Borrowing: Use your vTokens as collateral to borrow other assets.

Evolution of Venus Protocol Venus Protocol (Venus Labs) has seen incredible growth since its launch in 2020. Let’s look at some key developments: 1️⃣ 2020: Venus Protocol launched, laying the foundation for decentralized lending and borrowing. 2️⃣ Venus V3: Introduced increased VAI liquidation penalties and new fees for VAI minting, enhancing the stability of the platform. 3️⃣ Venus V4: Marked a big shift towards decentralization with the introduction of a governance model. It also launched Venus Prime, a self-sustaining reward system powered by the protocol’s revenue. 4️⃣ Upcoming Venus V5: The team is currently working on V5!

We had an insightful chat with Samuel Klehr, Global Head of BD and Sales at Chorus One, on our latest podcast episode! We discussed Opus: Staking Suite Opus Overview: Chorus One’s new Ethereum staking suite simplifies ETH staking with flexible options, allowing users to stake their ETH and mint Liquid Staking Tokens (LSTs). What Sets It Apart: Opus integrates seamlessly with EigenLayer, enabling users to restake their ETH across multiple protocols, enhancing their yield potential. Watch the full podcast for all the insights:https://lnkd.in/gYr6ka-v

We spoke to Samuel Klehr, Global Head of BD and Sales at Chorus One, in our latest podcast! Chorus One is a top player in staking services, managing validators and nodes across key protocols, engaging in Proof-of-Stake governance, and building tools to make staking easier. During our chat about institutional investor interests, here’s what most investors prioritize: 1️⃣ Yield Focus: The top question is about the expected annual returns. Investors want a clear picture of the potential rewards. 2️⃣ Risk Evaluation: Investors are keen to understand risk factors, mitigation strategies, and available insurance policies to protect against downsides. 3️⃣ Decentralization Check: Interestingly, many large institutions do care about decentralization, especially concerning validator network concentration. Tune in for more insights from the discussion Enjoy the full episode right here: https://lnkd.in/ghJUjvpC

Venus Protocol : Lend, Borrow & Mint Stablecoins 1️⃣ Lend & Borrow Crypto • Deposit your Venus-supported tokens to earn compounding interest. • Borrowers pay the interest, making it a great way to put your idle crypto to work. • Interest rates adjust based on demand for each token. 2️⃣ Mint Stablecoins (VAI) • Supply your tokens and get vTokens (e.g., vUSDC for USDC deposits). • Use vTokens as collateral to mint VAI, Venus’ stablecoin. • Minting limits depend on the Collateral Factor of your assets (e.g., USDC has 82% on BNB Chain). Venus Labs

Here's How a Decentralized Money Market like Venus Protocol Works: • Lenders Deposit Crypto: Lenders provide their crypto to earn interest over time. • Borrowers Take Loans: Borrowers can take out loans by paying interest on the amount borrowed. • Automation with Smart Contracts: The entire process is automated through smart contracts, which ensure fairness and security. Once deployed, these smart contracts cannot be altered, making the system fully decentralized and tamper-proof.

In a recent podcast with Nikhil Raghuveera, CEO and co-founder at Predicate, we explored Predicate’s mission to build a policy layer for smart(er) contracts, designed to enhance their safety and transparency. Here’s the key topics we covered: • Transition from Policy to Crypto: Why Nikhil chose to bring his policy expertise into the decentralized space. • Defining the “Policy Layer”: What it means for smart contracts and its significance in Web3. • Pre-Transaction Policies: Understanding how policies are set before transactions and who the “policymakers” are. • Structure of Predicate: The roles of policies, operators, and off-chain infrastructure. • Proof of Authority Model: Insights into the consensus mechanism. • Ensuring Transparency in Policy Migration: How Predicate securely transitions policies to DAOs or multisig wallets. • The Future of Predicate: Nikhil’s vision for expanding Predicate with additional policy frameworks and cross-chain integration. Here’s the link to the podcast to dive into the full conversation! https://lnkd.in/gKK4XvjE

The key goal of the Venus Protocol is simple: Decentralize the lending and borrowing market. Lend & Earn: Users can lend cryptocurrencies to the protocol and earn interest without any banks or middlemen. Borrow Easily: With Venus, borrowing becomes straightforward. Use your crypto as collateral and borrow directly. Lending and borrowing are central to traditional finance, and Venus is bringing these functions to DeFi, making them faster, cheaper, and more accessible. What about security and Governance? • All loans and stablecoins on Venus are over-collateralized for security and risk management, with rates adjusting based on demand. • Governance is powered by the XVS token, giving the community a say in the protocol’s future. Venus Labs

Venus Protocol is revolutionizing the decentralized finance space by providing a multi-chain platform for lending, borrowing, and minting stablecoins. Initially built on Binance Smart Chain (BNB Chain), Venus has expanded to support Ethereum, Arbitrum, ZKsync Era, opBNB, and Optimism. Here’s how Venus Protocol works: • Lend & Borrow: Users can lend cryptocurrencies and earn interest, or borrow assets by providing collateral in the form of cryptocurrencies. • Stablecoin Minting: Venus also allows the minting and borrowing of VAI, a stablecoin pegged to the US dollar. • Governance via XVS: The community controls the protocol through XVS, Venus’ governance token.