XVS token
Overview
XVS functions as the governance token for Venus Protocol, a decentralized lending and synthetic stablecoin system operating on BNB Chain. Token holders are entitled to vote on protocol governance proposals and may pledge XVS as collateral to generate the VAI stablecoin. Additionally, XVS is issued as incentives to liquidity suppliers and borrowers within the protocol.
Within The Counterparty graph, XVS connects to 2 tracked entities, most strongly to Venus Core Pool, BNB Chain.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 2 of 2 total).
| Relation | Connected entity | Confidence |
|---|---|---|
supports_token | Venus Core Pool | 95% |
deployed_on | BNB Chain | 85% |
Frequently asked questions
What is XVS?
XVS is a lending tracked in The Counterparty knowledge graph. It is connected to 2 other tracked entities, most strongly to Venus Core Pool, BNB Chain.
What type of entity is XVS?
XVS is classified as a lending (token) in The Counterparty knowledge graph.
What is XVS connected to?
In The Counterparty knowledge graph, XVS is linked to 2 other tracked entities, most strongly to Venus Core Pool, BNB Chain.