Venus enables a decentralized stablecoin, VAI, built on Binance Smart Chain that is backed by a basket of stablecoins and crypto assets without centralized control. A Decentralized Marketplace for Lenders and Borrowers with Borderless Stablecoins. Funds held within the protocol can earn APY's based on the market demand for that asset. Interest is earned by the block and can be used as collateral to borrow assets or to mint stablecoins.
