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XVS to USD
Venus is a decentralized protocol for lending and borrowing that works as an algorithmic money market with a synthetic stablecoin, VAI. Participants can lend and borrow money through the system of network users by using cryptocurrencies supported by the Venus protocol. Venus allows fast and instant collateralized cryptocurrency-based loans with a user-friendly interface.
In the Venus system, users can borrow crypto-based loans at lower fees, and lenders are incentivized to offer loan services. VAI is a BEP-20 stablecoin and it is pegged to the value of the US dollar. Venus is a BEP-20 token.
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