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What is Venus?

Venus has launched the first-ever decentralized stablecoin, referred to as VAI, which functions on the Binance Smart Chain and is underpinned by a variety of stablecoins and cryptocurrency assets, all while eliminating centralized control. The assets held within this protocol can yield annual percentage rates (APYs) that vary based on the market demand for those assets. Interest is accrued with each block and can serve as collateral for borrowing assets or for minting stablecoins. Users also have the ability to tokenize their assets on the Binance Smart Chain, receiving vTokens that are portable and can be easily transferred to cold storage or shared with others. By using your vToken collateral, you can rapidly borrow from the Venus Protocol without incurring trading fees or experiencing slippage, as everything is executed directly on-chain. This system provides users with immediate liquidity on a global scale, allowing for unparalleled financial freedom and flexibility. Overall, Venus represents a significant leap forward in decentralized finance, enhancing the way users can interact with and manage their digital assets effectively. Through this innovative model, the platform empowers individuals to take greater control over their financial activities.

What is Arkadiko?

Borrowing can be advantageous without the burden of monthly loan repayments. We create innovative open-source tools to enhance access to the Arkadiko protocol. By using your STX tokens as collateral, you can mint USDA, a stablecoin ideal for yield farming ventures. On the Arkadiko decentralized exchange, you can easily exchange your favorite tokens within the Stacks blockchain ecosystem. Furthermore, staking your DIKO tokens rewards you with stDIKO, which provides you with voting rights on governance matters. Engaging in the voting process enables you to impact proposals and modifications to the protocol, including changes to risk parameters related to various collateral types on Arkadiko. Functioning as a decentralized and transparent DAO, Arkadiko is dedicated to open development, making all its code available under GPLv3. By participating in the advancement of finance across the Stacks and Bitcoin networks, you can benefit from improved liquidity via a soft-pegged US Dollar stablecoin while still having exposure to your original assets. Your STX tokens will accrue yields that automatically offset the USDA loan over time, creating a smooth borrowing experience. This forward-thinking strategy not only maximizes your financial opportunities but also empowers you to influence the trajectory of decentralized finance while enjoying a user-friendly platform.

Media

Media

Integrations Supported

1inch
BNB Smart Chain (BSC)
Bitcoin
Chainfulness
Leather
Polyhedra
Stacks
Token Terminal

Integrations Supported

1inch
BNB Smart Chain (BSC)
Bitcoin
Chainfulness
Leather
Polyhedra
Stacks
Token Terminal

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Free
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Venus

Company Website

venus.io

Company Facts

Organization Name

Arkadiko

Company Location

United States

Company Website

arkadiko.finance/

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