4th project Venus Protocol information disclosure by kimmyhime

hive-167922 · @kimmyhime · Sep 28 '20

$0.01

4th project Venus Protocol information disclosure

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<p><img src="https://steemitimages.com/640x0/https://files.steempeak.com/file/steempeak/donekim/rpbAVEeO-IMG_20200928_170536_875.jpg" alt="IMG_20200928_170536_875.jpg"/></p>
<p>Hello, this is kimm. Venus Protocol, the fourth project of Binance Launchpool, which is gaining attention and popularity from users, has been unveiled. <strong>Venus Protocol, which was</strong> unveiled this time,  <strong>is a money market and stablecoin DeFi platform</strong> of <strong>Binance Smart Chain (BSC), and</strong> a <strong>total of 6 million XVS tokens</strong> will be <strong>distributed</strong> to token holders who staked BNB, BUSD, and SXP  .</p>
<ul><li><a href="https://www.binance.com/en/support/announcement/6d7ec713ae0c40c08cc3cfd9a8fd907a">Binance</a> Announcement:  <a href="https://www.binance.com/en/support/announcement/6d7ec713ae0c40c08cc3cfd9a8fd907a">Introducing Venus (XVS) on Binance Launchpool!Farm XVS By Staking BNB, BUSD &amp; SXP Tokens</a></li></ul>
<h3>#One. Binance Lunchful Information</h3>
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<p><img src="https://steemitimages.com/640x0/https://files.steempeak.com/file/steempeak/donekim/KfrRkxP0-20200928_171722.jpg" alt="20200928_171722.jpg"/></p>
<ul><li>Token name: Venus (XVS)</li><li>Lunch Pool Reward: 6,000,000 XVS (20% of total supply)</li><li>Total Token Supply: 30,000,000 XVS</li><li>Private Sale Price: No Private Sale</li><li>Farming period: September 29, 2020 09:00 ~ October 29, 2020 09:00 <code>(우리나라 시간 기준)</code></li></ul>
<p>For more information, please visit  <a href="https://research.binance.com/en/projects/venus#1-what-is-venus-xvs">Binance Research</a> .</p>
<h3>#2. Pool allocation per token</h3>
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<p><img src="https://steemitimages.com/640x0/https://files.steempeak.com/file/steempeak/donekim/0uJvETmi-Screenshot_20200928-1706021.png" alt="Screenshot_202009281706021.png"/></p>
<p>Like other Binance launch pools, this time, the percentage of the amount that can be staked and farmed is the highest, and the number of tokens allocated for each pool is as follows:</p>
<ul><li>BNB: 3,600,000 XVS (60%)</li><li>SXP: 1,800,000 XVS (30%)</li><li>BUSD: 600,000 XVS (10%)</li></ul>
<p>Although the simultaneous mining (farming) of all Binance LunchPool tokens from Flamingo Finance to BNB or BUSD status and Bella Protocol, Wing Finance, and Flamingo Finance has become impossible, the types of DeFi tokens that can be mined with BNB Continues to diversify.</p>
<p>If this situation continues, I think that there may be a situation where a slight premium is added to not only the BNB price but also the stablecoin BUSD.</p>
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👍 reward.app, payroll, pavanjr, karelia, mk-leo-token, laissez-faire

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