Venus (XVS) is a lending and stablecoin issuance platform based on the Binance Smart Chain (BSC). Venus aims to establish a decentralized finance (DeFi) lending market on the Binance Smart Chain and allows the issuance of synthetic stablecoin assets through a series of BEP-20 collateral assets.
XVS is the native BEP-20 governance token of the platform and is mainly used to participate in platform governance, such as voting on product upgrades, adding new types of collateral, and adjusting platform parameters.
