Binance Venus - Decentralized Stable Coin Protocol

New updates and acquisitions from Binance are not really suprise. These are the constant activities of this exchange but it is grabs attention.

Binance introduces the fully decentralized stable Coin Protocol, Venus which runs on the newly launched Blockchain network Binance Smart Chain in backend with native token of binance BEP - 20, which has its own standards.

Binance’s CEO, Changpeng Zhao (CZ) noted that Venus is something between Compound and MakerDAO, at least when it comes to the way it works.

This protocols also lets traders to stake binance based tokens such as BNB, BUST and it also planning to launch XVS token which could be listed as the trading pair with bitcoin and BNB.

Binance stands as the paramount in Crypto Industry and gains massive popularity and trader’s trust in a short span of time, it motivates many entrepreneurs to start a Crypto Exchange just like binance, Many people taught that it requires billions of dollars and lots of effort but Binance Clone Script is available in the market which is the kind of ready made script package with default features, which provides easy market launch.

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