Venus Protocol Launches on Base Chain | Airdrop Alert Pro

Venus Protocol, the leading multi-chain lending platform Decentralized Finance space, is excited to announce its upcoming deployment on Base Chain, the powerful Ethereum layer 2 solution developed by Coinbase.

This strategic move aims to leverage Base’s growing ecosystem, which has seen significant increases in liquidity and user engagement.

Base introduction

Base is built on the Optimistic Rollup stack, offering fast transaction speeds and low fees, making it an ideal environment for decentralized finance (DeFi). With nearly 2 million daily active addresses and $2.4 billion in total value locked (TVL), Base is the gateway for new users to enter the DeFi space through the Coinbase centralized exchange.

Deployment reasons

Integrating the Venus Protocol into the Base ecosystem is expected to bring significant benefits:

• User growth: Base’s close ties with Coinbase help attract thousands of new DeFi users every month.
• Market opportunity: Venus will create a lending market for high-capacity tokens, ensuring users have access to a variety of assets.
• Earning potential: High user activity on Base creates huge revenue opportunities for Venus.
• Incentive adjustments: With the expected base incentives, Venus is well-positioned to take a share of these rewards, benefiting both new and existing users.

Recommended assets to deploy

Venus plans to support a variety of assets on Base, including:

• Ethereum
• U.S. Department of Agriculture
• Bitcoin
• Ethereum
• West Ethereum
• This ETH
• Aerospace
• Weiss
• World Bitcoin Exchange
• Brett

Why a base?

Alpha grows, DAO Service providers focused on DeFi growth see Base deployment as a key opportunity to expand the Venus ecosystem. AlphaGrowth is committed to decentralization and innovation, aiming to create a more competitive lending environment.

The deployment of Venus Protocol on Base represents an important step towards reaching millions of new DeFi users. We invite the community to share their thoughts on this exciting growth proposition.

About the Venus Agreement

Venus is the top lending protocol in the multi-chain DeFi field and is currently deployed on Ethereum, BNB chain, ZKsync, opBNB, Optimism, Decide and base. Venus is the most strictly audited DeFi protocol in the industry, which gives users confidence in the safety of their assets after depositing on Venus. All decisions regarding the Venus Protocol are made by the Venus DAO, a fully decentralized community governed by the $XVS native token. With the $XVS token, users can also earn real returns using Venus Prime, ensuring sustainable liquidity. To learn more about Venus, visit www.venus.io

About the base

Base is a secure, low-cost, builder-friendly Ethereum L2 designed to help one billion users and one million developers get on-chain through the on-chain application ecosystem. Basic transaction costs of less than 1 cent and speeds of just seconds make on-chain technology more accessible to everyone. Base provides 24/7 global payment channels running at internet speeds, as well as a low-cost technology layer that anyone can use to create on-chain applications such as social media, gaming, and entertainment.

As an open, permissionless platform, we want to make it as easy as possible for anyone to build and create on Base, maintain ownership of their content, and earn money for their work. We are committed to engaging and educating the developer community because we believe developers building consumer applications are the key to unlocking the future of on-chain for everyone.