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. www.youtube.com/embed/kerBcnmxaT8
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
Source : bsc.news
Founded in 2020, BSCNews is the leading media platform covering decentralized finance (DeFi) on the Binance Smart Chain (BSC). We cover a wide range of blockchain news revolving mainly around the DeFi sector of the crypto markets. BSCNews aims to inform, educate and share information with the global investment community through our website, social media, newsletters, podcasts, research, and live ask me anything (AMA). Our content reaches hundreds of thousands of global investors who are active in the BSC DeFi space.
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