[English] Venus Protocol explained in under 2 minutes
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 Published On Jul 20, 2022

Venus protocol is the top algorithmic-based money market system on the BNB Chain, designed to enable completely decentralized finance-based lending and credit system for its users.

Venus enables users to utilize their cryptocurrencies by supplying collateral to the network that may be borrowed by pledging over-collateralized cryptocurrencies. This creates a secure lending environment where lenders receive a compounded interest rate annually (APY) paid per block, while the borrower pays interest on the cryptocurrency borrowed.

Website: https://me-qr.com/fwmwXe8G
DApp: https://me-qr.com/RkDcLWD3
Documentation: https://me-qr.com/8JrNLTIy
Twitter: https://me-qr.com/hyv6hNQH
Telegram: https://me-qr.com/I8jP0JGc
Discord: https://me-qr.com/xIgxHFhQ
Instagram: https://me-qr.com/M0hF400M
Forum: https://me-qr.com/uTRoKEaR

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