PYOR

We’re super excited to announce DeFi and Dine by Venus Protocol! In the world of DeFi, earning yield is important, and at DeFi and Dine by Venus Protocol, we’re going to talk about just that. Join us to learn how to earn passive income through staking, lending, borrowing, and vaults, all while staying secure with Venus Labs - one of the top lending protocols with over $2 billion in TVL. When & Where 📅 Date: Dec 02, 2024 | 🕰️ Time: 4:00 PM 📍 Location: Bengaluru (Revealed upon registration) Why You Have to Be There: 1️⃣ Speaker Sessions ▪️ Earning Yield with DeFi ▪️ Maximizing Yield with Venus Protocol ▪️ Mitigating Risks in DeFi: Security, Risk Management, and Governance 2️⃣ Panel Discussions 3️⃣ Food & Cool Merch:Great food, Merch, and more! 4️⃣ Networking: Meet fellow DeFi enthusiasts and have a great time. Link for Registration: https://lu.ma/w7dyimwx Hosted by PYOR Speaker and Panel Lineup will be announced soon!

Namaste Venus: Episode 4/5 | Venus Prime and Risk Management Features Now available in Kannada In this video, we talk about: ▪️ Introduction to Venus Prime: What it is and what it means for users. How to get started and its importance. ▪️ Risk Management Features: Key risk management features of Venus Protocol. ▪️ User Practices for Managing Risks: Best practices for users. Watch it here: https://lnkd.in/gwvJSmJ2 Venus Labs

Namaste Venus: Episode 3/5 | Venus Governance System Watch it in Kannada In this video, we talk about: ▪️ Introduction to DAOs: We'll explain what a DAO is, how it works, and why it's such a necessary. ▪️ Venus DAO: A general introduction to Venus DAO and its key components. ▪️ Venus Improvement Proposals (VIPs): We'll explore what VIPs are, their types, how to vote on them, and how to delegate votes. ▪️ Proposing and Submitting a VIP: We'll walk you through the steps and process for proposing and submitting a VIP. Venus Labs Watch it here ➡️ https://lnkd.in/gmETnixs

Understanding DAOs What is a DAO? • A DAO (Decentralized Autonomous Organization) is an organization governed by its members rather than a central authority. • Decisions are made collectively using smart contracts on the blockchain, ensuring rules are automated, transparent, and secure. How does a DAO work? ▪️ Smart Contracts: These are self-executing codes on the blockchain that automate decisions and manage things based some predefined rules. ▪️ Funding & Tokens: DAOs raise funds by issuing tokens. These tokens not only represent a share in the organization but also provide voting power. ▪️ Decision-Making: Members vote on proposals. Once approved, the smart contracts execute the decisions, ensuring an efficient process without the need for intermediaries. Why are DAOs awesome? ▪️ Democratic: Every token holder has a say in the decision-making process. ▪️ Transparent: Every action is recorded on the blockchain, ensuring full visibility. ▪️ Efficient: No need for intermediaries—smart contracts handle tasks.

Namaste Venus: Episode 2/5 Understanding Venus - Core & Isolated Pools, Interest Distribution and Dual Token Model Now Available in Kannada! Here's a quick look at what we'll cover in this video: 1️⃣ Core Pools and Isolated Pools • Learn what Core and Isolated Pools are. • Discover how Venus empowers users with choice, explaining the benefits of each pool type and their impact on risk and returns. 2️⃣ How Interest is Distributed Between Lenders and Borrowers 3️⃣ Venus' Token Model: XVS & VAI • Understand the role of XVS, the governance token. • Learn about VAI, the stablecoin facilitating borrowing and lending in the Venus ecosystem. Watch it here - https://lnkd.in/gGm2dhxp

Namaste Venus Episode 1 - Venus Protocol Overview is now in Kannada In this video, we talk about: ▪️ An overview of the Venus Protocol – covering its introduction, key milestones, and the latest developments through V3, V4, and Venus Prime. ▪️ The key objectives of Venus Protocol – there are 6 primary objectives. ▪️ How Venus works – including how lending, borrowing, and stablecoins function within the protocol. ▪️ What a decentralized money market is – how it works and why it’s such a significant innovation. ▪️ And finally, a breakdown of synthetic stablecoins and the algorithmic money market. Watch it here: https://lnkd.in/ggY99vcC (ಇಲ್ಲಿ ವೀಕ್ಷಿಸಿ)

Namaste Venus : Episode 5/5 Navigating Venus The last episode of Namaste Venus dives into the practical aspects of navigating the Venus Protocol (Venus Labs). The Venus Dashboard includes: ▪️ Supply and Borrow Assets: The Dashboard highlights the asset markets, where you can easily supply or borrow cryptocurrencies. ▪️ Account Overview: The Account section provides a comprehensive view of your assets, showing what you’ve supplied, borrowed, and staked. ▪️ Core Pool: The Core Pool interface gives you access to the primary markets in Venus Protocol, showing metrics like Supply APY, Borrow APY, and Total Liquidity. ▪️ Isolated Pools: In the Isolated Pools section, you can explore secondary markets that operate independently from the core pools, offering additional flexibility. ▪️ Vaults: The Vaults section allows you to manage your staked XVS and VAI tokens. ▪️ Swap: The Swap feature simplifies cryptocurrency exchanges. It integrates with third-party platforms, enabling you to repay loans directly through token swaps. ▪️ Governance: The Governance interface allows you to participate in Venus Protocol’s decision-making process through voting and proposal submissions. ▪️ VAI: The VAI section enables you to mint and manage the VAI stablecoin, pegged to the US dollar. Hands-on Tutorials ▪️ How to connect your wallet to the Venus Protocol. ▪️ How to supply assets in both the Core Pool and Isolated Pools. ▪️ The steps for borrowing cryptocurrency. ▪️ The process of bridging XVS tokens across available blockchains. ▪️ How to stake your assets. Venus Protocol offers a comprehensive ecosystem to start your DeFi journey. So start exploring Core Pool, Isolated Pools, Vaults, and more—To get started. Watch Namaste Venus Episode 5 here ➡️ https://lnkd.in/g9rrsRFR

Namaste Venus : Episode 4/5 Venus Prime and Risk Management Features Venus Prime is a rewards program designed to foster long-term engagement and loyalty within the Venus Protocol( Venus Labs) . Unlike programs that rely on external funding, Venus Prime generates rewards sustainably from the protocol’s own revenue. Eligible XVS holders (VenusProtocol' governance token) receive a unique, non-transferable Soulbound Token, which enhances rewards in key markets like USDT, USDC, BTC, and ETH. Venus Prime Features a Revocable Prime Token: • Eligibility: Stake at least 1,000 XVS for 90 consecutive days. • Minting: After 90 days, you can mint the token. • Revocation: If your balance falls below 1,000 XVS, the token is revoked. • Supply Cap: Only 500 tokens can be issued per blockchain where the program is active. Why is Venus Prime Important? ▪️ Encourages loyalty and rewards users for their commitment, ensuring a stable and active community. ▪️ By focusing on core markets like BTC and ETH, Venus Prime strengthens the protocol's alignment with the broader DeFi ecosystem. ▪️ Venus Prime is more than just a rewards program—it’s about building a stronger, interconnected community. Risk Management Features of Venus Protocol: ▪️ Audits: Venus collaborates with leading security firms like CertiK, PeckShield, and OpenZeppelin to conduct comprehensive audits on its code. ▪️ Continuous Monitoring: A partnership with Chaos Labs ensures ongoing security monitoring to detect and prevent potential risks. ▪️ Real-Time Alerts: Users are notified via Telegram about critical events (e.g., market movements or liquidation risks), helping them stay informed and act quickly. Best Practices for Users: • Double-Check URLs. • Secure Your private Keys and seed phrases. • Be Cautious with Contracts. • Stay Informed. Watch Namaste Venus Episode 4 (in Hindi) here ➡️ https://lnkd.in/gG492pV4

With XVS and VAI, Venus Protocol (Venus Labs) creates a decentralised and user-driven ecosystem. Here's how... XVS | Governance Token ▪️ XVS is the governance token of the Venus Protocol. It gives holders the power to propose and vote on key decisions that impact the protocol, ensuring that the community has control over its future. ▪️ XVS was launched without any founder or team allocations, ensuring a fair distribution for all participants. VAI | Synthetic Stablecoin ▪️ VAI is a synthetic stablecoin pegged to the US dollar but not directly backed by it. You can mint VAI by using your vTokens (assets supplied to Venus) as collateral. ▪️ Minting VAI: • By using vTokens as collateral, users can mint VAI to engage in lending, borrowing, and trading activities on Venus. • A "Stability Fee" is charged when you repay your VAI. This fee helps maintain the stability of VAI's price. Why Does This Dual Token Model Matter? 🔸 Decentralization: XVS allows governance to be in the hands of the token holders, ensuring decisions are made collectively. 🔸 Incentives: The combination of XVS and VAI incentivizes users to actively participate in governance and mint VAI, promoting price stability. This creates a more engaged and resilient ecosystem. 🔸 User-Driven Growth: Both tokens work together to reward users for their participation, ensuring the protocol's growth and sustainability.

The Problem: Unsegmented pools in DeFi often amplify risk when markets face volatility. Venus Protocol solves this with Isolated Pools. What Are Isolated Pools? Unlike the Core Pool, which combines all assets into one liquidity pool, Isolated Pools segment assets into specific pools to manage risk effectively. That Means.... ▪️ Custom Rewards: Incentives are tailored to the assets within the particular pool. ▪️ Collateral Usage: Assets in Isolated Pools can only be used as collateral within their respective pools. Currently, Venus has 6 Isolated Pools: 1. GameFi 2. DeFi 3. Meme Coins 4. Stablecoins 5. Liquid Staked BNB 6. Tron This separation ensures that volatility in one asset won’t impact the entire protocol. Why Do We Need Them? 🔸 Risk Diversification: Volatility in one asset or one sector doesn’t impact the whole protocol. 🔸 Tailored Liquidation Thresholds: Offers better control over individual markets, optimizing risk management. 🔸 Improved Liquidity Management: Keeps hypothetical failures contained within specific pools.