BSCNews to Host Official Venus Protocol LiveStream and Gleam Giveaway

Venus, a rapidly growing decentralized money market on Binance Smart Chain, will join BSCNews in a YouTube live discussion.

An Exclusive Livestream

We are thrilled to announce an exclusive live stream with Venus Protocol. One of our co-founders, @GoonTrades, will be hosting Danny, the Global Community Deputy for Venus Protocol, in a live AMA discussion.
We will discuss all sorts of topics revolving around ecosystem growth, VAI + XVS tokens, and the importance of decentralized lending. The live stream will be held on August 5th at 5 PM UTC via our YouTube channel

Be sure to set a reminder so you don’t miss out on the action-packed stream. There is also a $250 XVS giveaway through our Gleam campaign.

This Livestream is a part of our weekly live streams that involves the most interesting and trending projects on Binance Smart Chain. 

How to Enter the Social Whitelist (Gleam Giveaway)

There are seven easy steps for users to enter and participate in the $250 XVS Giveaway. Users must utilize our Gleam giveaway to easily complete the steps below:

Follow Venus Protocol on Twitter

Join the Venus Protocol Telegram

Follow BSCNews on Twitter

Follow Greg Gotsis on Twitter

Sign up for our Newsletter

Watch the livestream

Enter the secret code recieved from watching the livestream

Submit your wallet address

They is one key step here. Users will need to tune into our live stream to receive a secret code. 

The code will be show on-screen about halfway through the stream, allowing users to complete the giveaway parameters. 

We urge users to Subscribe and set a reminder to be best prepared for the stream. Users must complete all steps to become eligible for the giveaway.

About Venus Protocol

Venus is a money market protocol exclusive for the Binance Smart Chain (BSC). Venus Protocol aims at providing lending and borrowing services to the BSC, competing with Ethereum based decentralized apps (Dapps), “Compound”,  “Aave,” and ” Cream.” 

Venus Protocol will allow users to lend, borrow and mint assets. Users can generate (mint) $VAI tokens, Venus Protocol’s synthetic stablecoin pegged at $1.00

$VAI is minted through supplying collateral to the protocol. Users can borrow up to 50% of their remaining collateral to mint VAI; the collateral is made up of “V”(wrapped) tokens such as $vBTC.

For a more technical explanation, we recommend reading the Venus whitepaper which can be found HERE

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