Fully-diluted market cap (FDMC) = price x max supply. If max supply is null, FDMC = price x total supply. if max supply and total supply are infinite or not available, fully-diluted market cap shows N/A.
Venus stands as an algorithmic money market and synthetic stablecoin protocol exclusively launched on the Binance Smart Chain (BSC). The protocol presents a user-friendly solution for crypto asset lending and borrowing within the decentralized finance (DeFi) landscape, facilitating direct borrowing against collateral with rapid transaction processing to minimize fees. Moreover, Venus offers the capability for users to instantly mint VAI stablecoins by providing at least 200% collateral to the Venus smart contract. VAI tokens represent synthetic BEP-20 assets pegged to the value of one U.S. dollar (USD), while XVS tokens, also BEP-20-based, serve as governance tokens for the Venus protocol. XVS tokens empower holders to participate in protocol governance, enabling them to vote on various adjustments, such as the addition of new collateral types, parameter modifications, and product enhancements. Governance of the protocol is exclusively managed by the XVS community members, as the Venus founders, team members, and other advisors do not hold any XVS token allocations.
Exchange | Exchange Price | 24h % | 24h High | 24h Low | 24h Vol |
---|---|---|---|---|---|
Wazirx | ₹ 624.78 | --- | ₹ 624.78 | ₹ 624.78 | N/A |