Proposed Risk Enhancements on Venus Protocol

Background On 19th May, Venus Protocol encountered a liquidation of over $200 million triggered by a price spike. The price spike rooted from large market orders and expectations on the VRT which allowed traders to supply and borrow higher collateral to buy more XVS. The price volatility activated a ripple effect which resulted in massive … Read more

Venus Upgrades its Oracle Mechanism to Chainlink Across All Lending Markets

We are excited to announce that Venus, a money market and synthetic stablecoin protocol built on Binance Smart Chain (BSC), has now fully upgraded to Chainlink as its oracle solution. Our lending markets leverage Chainlink to price collateral during both loan issuance and liquidation processes, ensuring Venus is always fully collateralized and referencing fair market prices. … Read more

Venus Deploys VIP-23 Proposal

Venus, a money market and synthetic stablecoin protocol built on Binance Smart Chain (BSC), has now deployed the VIP-23 proposal to allow a full upgrade to Chainlink as its oracle solution. In order to have a fully algorithmic money market, Venus requires price data to determine the value of the underlying collateral lent and borrowed … Read more

21 April 2021 — Venus Vaults Post-Mortem

21 April 2021 — Venus Vaults Post-Mortem When things go south, it is easy to point fingers and blame other projects for causing the issue. Autofarm does not believe in such behaviour, and we always encourage our team and moderators alike to be neutral, courteous and respectful to other projects at all times. In the following segments, … Read more

Venus Protocol AMA

Questions directed on Venus Protocol were responded to by CEO Joselito Lizarondo during an AMA held over the Venus Protocol Telegram platform. The session which transpired last March 31st is now transcribed into a written format below for everyone’s reference: JL: Okay great. The channel is now muted. Thanks everyone, sorry for the delays, today has been … Read more

Venus Protocol AMA

Questions directed on Venus Protocol were responded to by CEO Joselito Lizarondo during an AMA held over the Venus Protocol Telegram platform. The session which transpired last March 31st is now transcribed into a written format below for everyone’s reference: JL: Okay great. The channel is now muted. Thanks everyone, sorry for the delays, today has been … Read more

DeXe’s Partnership with Venus Opens New Strategies for Both

DeXe’s Partnership with Venus Opens New Strategies for Both Any comprehensive DeFi trading strategy should include smart deployment of capital. By partnering with Venus, the Dexe.network is giving its users access to more capital and Venus users access to top traders and trading strategies. Venus is the leading decentralized marketplace on the Binance Smart Chain (BSC) … Read more

DeXe’s Partnership with Venus Opens New Strategies for Both

DeXe’s Partnership with Venus Opens New Strategies for Both Any comprehensive DeFi trading strategy should include smart deployment of capital. By partnering with Venus, the Dexe.network is giving its users access to more capital and Venus users access to top traders and trading strategies. Venus is the leading decentralized marketplace on the Binance Smart Chain (BSC) … Read more