XVS (Venus) Price Real-Time XVS Price Chart Toobit

Curious about XVS? Learn how Venus protocol's native token enhances decentralized financial services and offers governance rights to users within the protocol's unique DeFi ecosystem. Venus allows users to mint VAI stablecoins on-demand within seconds by posting at least 200% collateral to the Venus smart contract. VAI tokens are synthetic BEP-20 token assets that are pegged to the value of one U.S. dollar (USD), whereas XVS tokens are also BEP-20-based, but are instead used for governance of the Venus protocol, and can be used to vote on adjustments—including adding new collateral types, changing parameters and organizing product improvements.