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Author: Admin | 2025-04-28
Venus allows the world’s first decentralized stablecoin, VAI, which is supported by a range of stablecoins and crypto assets with no centralized authority and is based on the Binance Smart Chain.The Venus Protocol’s primary network has gone live on Binance Smart Chain. Users may now access a fast, low-fee money market where they can mint VAI, the protocol’s first synthetic stablecoin.>About Vai What is Vai [VAI]?Who Are the Founders of Vai [VAI]?What Makes Vai [VAI] Unique?Where Can You Buy Vai [VAI]?Frequently Asked QuestionsIs it possible to purchase VAI with cash?What Security Measures Does the Vai Network [VAI] Take?On what factors the price of the Vai Network [VAI] Depends?About Vai VAI is a Binance Smart Chain-exclusive decentralized stablecoin based on the Venus Protocol.The Venus Protocol is a BSC smart contract that allows users to provide and borrow assets. Accounts on the blockchain offer capital (BNB or BEP-20 tokens) to receive vTokens or lend commodities from the system via token contracts. The protocol will also allow for the production of VAI, the first synthesized stablecoin on Venus that intends to be linked to the US dollar. The collateral that is used to create VAI is the same collateral that is used to create the protocol. The Venus vToken contracts keep track of these balances and determine interest rates for borrowers using an algorithm.>What is Vai [VAI]?Vai is a Binance Smart Chain-based decentralized stablecoin based on the Venus Protocol.The XVS token governs the Venus Protocol, which was introduced in 2019. The latter was
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