Venus, a number one DeFi lending protocol, is reaching a serious milestone with the upcoming itemizing of its native token, XVS, on the worldwide change HTX. Scheduled for Might 9, this marks the primary XVS itemizing on a top-tier change in over 4 years. HTX is ranked among the many prime exchanges by buying and selling quantity and is regarded for its robust attain in Asia and different key markets.
XVS Token
XVS is the native token of the Venus ecosystem and serves a number of key features. It performs a central position in governance, permitting stakers to take part in on-chain voting on protocol improvement and enhancements. Past governance, XVS can be used for staking and is built-in into the Venus Prime program, which permits customers to reinforce their lending charges and decrease their borrowing charges.
HTX Itemizing Particulars
The XVS token will probably be listed on the spot market of HTX and will probably be actively supported by the change by devoted advertising initiatives launched along side the itemizing to reinforce engagement inside the neighborhood.
Itemizing data:
- Spot buying and selling pair: XVS/USDT
- Scheduled launch date: Might 9, 2025
- Deposits: Open
- Withdrawals: Open from 12:00 UTC on Might 12
- Contract deal with (BEP20): 0xcf6bb5389c92bdda8a3747ddb454cb7a64626c63
About Venus
Venus is a number one DeFi protocol for lending and borrowing crypto, with over $2.3 billion in TVL. It operates throughout a number of blockchains, together with BNB Chain, Ethereum, opBNB, Arbitrum One, ZKSync, Optimism, Base, and Unichain. The platform affords a user-friendly and in depth suite of options for seamless interplay with a variety of lending markets, with over 70 markets accessible, making it probably the most complete lending platforms.
Venus stands out for its robust safety requirements, having undergone a number of audits by CertiK, PeckShield, and different trusted corporations. With a safety rating of over 91 from CertiK, Venus ranks among the many prime ten lending and borrowing initiatives, guaranteeing the security and reliability of its ecosystem.
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