Venus Protocol Launches Mini Program

Published on: 21.05.2022

Venus Protocol Launches Mini Program live on BNBChain Mainnet in partnership with Binance.

This means that Binance users will be able to access Venus Protocol’s features. Directly within the Binance app without having to switch over to other apps or websites. This integration marks the first decentralized borrowing/lending app integration into Binance, and is expected to further increase the Venus Protocol user base, liquidity, utilization, and trading volume. And now announcing Venus Protocol Launches Mini Program.

What is a Binance Mini Program?

The Venus Protocol mini program within the Binance mobile app allows users to access all of the features and benefits directly within the Binance interface without having to close the app or switch to other platforms. This integration allows for a seamless decentralized borrowing and lending experience for all Binance users. Binance users will also be able to leverage their Binance DeFi wallet and use it to interact with the Venus Protocol mini-program.

How is this important for Venus Protocol?

Venus Protocol is currently the leading decentralized borrowing and lending protocol on BNB Chain. Venus is always looking for ways to add value and bring DeFi borrowing & lending to a larger ecosystem of users. Given that Binance is one of the world’s leading centralized exchanges, this partnership is a perfect match. By acquiring more users and more liquidity, Venus is able to further improve and scale our core products, as well as rapidly develop new and innovative features that will propel DeFi to the next billion users.

The Venus Protocol mini program within the Binance app provides a seamless and frictionless experience for Binance users with varying levels of Crypto experience to cheaply and quickly generate yield by borrowing and lending tokens on Venus.

How do users access the Venus Protocol Mini Program in the Binance App?

Starting from today, access to Venus Protocol will gradually open to all Binance users through the Binance app. Users can simply swipe down from the top of the Binance app homepage to find the Mini Program Marketplace where you will see Venus Protocol. Alternatively, you can search from the Mini Program Marketplace.

Partnership with Binance

This integration provides enormous strategic value to Venus Protocol as the gateway for Binance users to discover DeFi Borrowing & Lending. The partnership also bridges the gap between the world’s leading Centralized Exchange and BNB Chain’s leading Borrowing & Lending Protocol enabling a wide range of future collaborations with unlimited potential.

About Venus Protocol

Venus Protocol is a decentralized lending platform on the BNB Chain. It leverages audited smart contracts to provide crypto loan services. You can supply and borrow popular cryptocurrencies on the platform to earn interest.

About Binance

Binance Exchange is a leading cryptocurrency exchange founded in 2017 in Hong Kong. Also features a strong focus on altcoin trading. Binance offers crypto-to-crypto trading in more than 500 cryptocurrencies and virtual tokens, including Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Dogecoin (DOGE), and its own token Binance Coin (BNB).

WebsiteTwitter

 

SOURCE

https://blog.venus.io/venus-protocol-mini-program-launches-in-the-binance-mobile-app-dbc3a22f7343

Market Stats:
BTC Dominance: 57.76%(-0.50%/24h)
ETH Dominance: 12.24%(+0.21%/24h)
Defi Market Cap: $98.06B(+6.60%/24h)
Total Market Cap: $3370.66B(+0.58%/24h)
Total Trading Volume 24h: $201.71B(-9.07%/24h)
ETH Market Cap: $412.44B
Defi to ETH Ratio: 23.78%
Defi Dominance: 2.79%
Altcoin Market Cap: $1423.84B
Altcoin Volume 24h: $158.55B
Total Cryptocurrencies: 32385
Active Cryptocurrencies: 10184
Active Market Pairs: 90765
Active Exchanges: 760
Total Exchanges: 9615
BTC: 98445.47$(-0.01%/1H)
ETH: 3425.83$(-0.06%/1H)
AVAX: 42.21$(-0.79%/1H)
BNB: 669.7$(-0.03%/1H)
MATIC: 0.58$(0.23%/1H)
FTM: 0.91$(0.32%/1H)
ADA: 1.07$(0.66%/1H)
DOT: 9.12$(2.14%/1H)
UNI: 11.1$(-1.45%/1H)
CAKE: 2.51$(-0.9%/1H)
SUSHI: 1.09$(-0.7%/1H)
ONE: 0.03$(4.54%/1H)