Vai VAI Price 0.99460005

What is VAI?
The Venus Protocol is used to run the Binance Smart Chain.
The XVS token governs Venus Protocol. The latter was designed to be a fair launch with no preliminary allocation to the project's team.
According to the Venus Protocol, the first stable coin on the Binance Smart Chain is powered by a basket of stable coins and other assets without centralized control.

Who are the people who started the company?
XVS is distributed via a fair-launch mechanism. It is backed by a company called Swipe.

What makes Vai unique?

The protocol introduces an easy-to-use solution for lending and borrowing in the Defi platform. It allows users to directly borrow at higher speeds and lower transaction fees.
The people who source liquidity through the Venus Protocol don't have to pass credit checks and can take out a loan by interacting with the Venus app.
The loans are provided from a pool that is contributed by the Venus users, who can receive an annual percentage yield for their contributions.

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How many VAI coins are in circulation?
As of March 2021, the total supply of Vai was 160,702,318.

How is the network secured?
The network is secured by a smart chain. Even if the Binance Chain goes offline, it is compatible with the EVM.

Where can you buy vai?
The VAI can be traded on the following exchanges.


The name of the company is Binance. There is Venus. There is a swap for pancakes.
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