Acts as a stable medium of exchange in volatile crypto markets.
Facilitates low-cost transactions within the Binance Smart Chain ecosystem.
Offers a stable coin option for users looking to collateralise their assets in the Venus Protocol.
Enables DeFi lending and borrowing activities without the volatility of typical cryptocurrencies.
Serves as a hedge against the fluctuation of digital asset prices within smart contracts and decentralised applications (dApps).
News
No News Found
No News Found
About
Vai is a decentralised stablecoin that operates on the Venus Protocol, a DeFi platform on the Binance Smart Chain (BSC). Launched in 2020 by the Swipe team, Vai aims to provide a stable and secure medium of exchange within the highly volatile cryptocurrency market. It is pegged to the value of the US dollar, ensuring stability for users seeking refuge from market fluctuations. As a BEP-20 token, Vai leverages the low fees and high throughput of the BSC, making it an efficient choice for transactions and lending activities. What sets Vai apart is its integration into the Venus Protocol, where it can be minted by collateralising cryptocurrencies like Bitcoin, Ethereum, and Binance Coin, thereby offering flexibility and financial inclusion within the DeFi landscape.
Acts as a stable medium of exchange in volatile crypto markets.
Facilitates low-cost transactions within the Binance Smart Chain ecosystem.
Offers a stable coin option for users looking to collateralise their assets in the Venus Protocol.
Enables DeFi lending and borrowing activities without the volatility of typical cryptocurrencies.
Serves as a hedge against the fluctuation of digital asset prices within smart contracts and decentralised applications (dApps).
News
No News Found
No News Found
About
Vai is a decentralised stablecoin that operates on the Venus Protocol, a DeFi platform on the Binance Smart Chain (BSC). Launched in 2020 by the Swipe team, Vai aims to provide a stable and secure medium of exchange within the highly volatile cryptocurrency market. It is pegged to the value of the US dollar, ensuring stability for users seeking refuge from market fluctuations. As a BEP-20 token, Vai leverages the low fees and high throughput of the BSC, making it an efficient choice for transactions and lending activities. What sets Vai apart is its integration into the Venus Protocol, where it can be minted by collateralising cryptocurrencies like Bitcoin, Ethereum, and Binance Coin, thereby offering flexibility and financial inclusion within the DeFi landscape.
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