What is Venus
Venus enables the world's first decentralized stablecoin, VAI, built on Binance Smart Chain that is backed by a basket of stablecoins and crypto assets without centralized control. 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. You can also swap crypto directly on Venus Protocol after the latest integration with PancakeSwap, the biggest DEX on BNB Chain. The integration with PancakeSwap makes Venus an all-in-one platform for DeFi and a decentralized crypto exchange. You don’t need to leave Venus Protocol to swap crypto ever again!