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Cryptocurrency News Video
Understanding Venus: Core & Isolated pools and dual token model of Venus | Namaste Venus: Ep 2
Nov 22, 2024 at 03:40 pm PYOR | Power Your Own Research
Understanding Venus: Core and Isolated pools, Interest Distribution and dual token model of Venus Protocol in Kannada | Namaste Venus: Episode 2 by PYOR | Power Your Own Research Here's a quick look at what we'll cover in this Video: 1. Core Pools and Isolated Pools We will explain what Core and Isolated Pools are, and how Venus allows users to choose between them. The video will cover the benefits of each pool type and how they influence risk and returns. 2. How Interest is Distributed Between Lenders and Borrowers. We will explain how Venus incentivizes both sides of the market ensuring a balanced ecosystem that rewards active participation. 3. Venus' Token Model: XVS & VAI We'll break down the token model of the Venus Protocol. We'll discuss the role of XVS, the main controlling token used in governance and protocol management, and VAI as a stablecoin for borrowing and lending within the ecosystem. 👉 About Venus Venus Protocol is a DeFi lending platform that started on BNB Chain and has evolved into a MultiChain protocol, now available on Ethereum, Arbitrum, zkSync, opBNB, and Optimism. It combines money markets with stablecoin minting to offer unique DeFi opportunities. Venus Website: https://venus.io/ Twitter: https://x.com/VenusProtocol LinkedIn: https://www.linkedin.com/company/venusdefi/ 👉 About PYOR PYOR is a crypto data and research firm backed by Castle Island Ventures, Coinbase Ventures, and Hash3 Ventures, among others. We specialise in delivering tailored data solutions for institutional investors and blockchain protocols. Our mission is to provide insightful, accurate, and actionable data to help clients navigate the evolving crypto landscape and make informed decisions. PYOR Twitter: https://x.com/pyorxyz LinkedIn: https://www.linkedin.com/company/pyorxyz/
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