Klever Swap Lists Venus (XVS)
Klever has listed Venus (XVS) BEP20 with 12 direct trading pairs as part of the expansion of Klever Swap's growing list of available tokens for instant swap from ETH, TRX and BSC blockchains.
Klever Swap has officially listed Venus (XVS) BEP20 with 12 direct trading pairs in Klever app:
What is Venus?
Venus (XVS) is an algorithmic money market and synthetic stablecoin protocol launched exclusively on Binance Smart Chain (BSC).
The protocol claims to introduce a simple-to-use crypto asset lending and borrowing solution to the decentralized finance (DeFi) ecosystem, enabling users to directly borrow against collateral at high speed while losing less to transaction fees. In addition, Venus allows users to mint VAI stablecoins on-demand within seconds by posting at least 200% collateral to the Venus smart contract.
Customers sourcing liquidity using the Venus Protocol do not have to pass a credit check and can quickly take out a loan by interacting with the Venus decentralized application (DApp). Since there are no centralized authorities in place, users are not restricted by their geographic region, credit score or anything else, and can always source liquidity by posting sufficient collateral.
The governance of the protocol is allegedly controlled by XVS community members. The development of the Venus project is being undertaken by the Swipe project team.
Klever Swap offers over 270 trading pairs and is a core service of Klever app that makes it simpler, faster and more convenient for our users to exchange cryptocurrencies at the click of a button. By monitoring live price action on top-tier exchanges, our native Swap engine creates a price index that is used by the Swap.
The swap itself is conducted by fully autonomous bots, built and maintained in-house by Klever’s developers team. These bots continuously seek the best exchange rate and prices among the top exchanges, and then execute the Swap with high precision, security and speed. Klever Swap project is part of Klever Exchange.