Venus Protocol
venus.io
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Overview
Venus Protocol is the largest lending and borrowing market on BNB Chain, also deployed on several other networks. It supports over-collateralised loans, isolated risk pools and a decentralised stablecoin minted against deposits. The protocol is governed by token holders through an on-chain process.
News
Venus Protocol Hit by Code Exploit, Causing Over $3.7 Million In Losses
The Venus Protocol suffered a supply cap exploit that allowed the threat actor to make off with over $3.7 million in digital assets.
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Venus Protocol Restores Services After Recovering $27M from Exploiter Through Force-Liquidation
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Collapse of Luna cryptocurrency leads to $11 million exploit on Venus Protocol
Venus Protocol announced on Thursday that about $11 million had been stolen from the platform due to people exploiting the historic collapse of the Luna cryptocurrency and its sister stablecoin UST.
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