Tag: web3
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Exploring the Utility of XVS in the Venus DeFi Ecosystem
Venus (XVS) is the governance token that powers the Venus Protocol, a decentralized finance (DeFi) platform on Binance Smart Chain. The Venus Protocol allows users to borrow, lend, and earn interest on cryptocurrencies without relying on traditional financial systems. XVS serves multiple roles within this ecosystem, making it a vital asset for users and investors…