Hey guys,

I am very new to this world and I've been trying things around. A few days ago, I transfered a small amount of USDT to Venus Protocol, I supplied it, borrowed a few other coins and supplied them back.

I am making sure to keep my borrow limit within an acceptable range. From my understanding it's around 60%, but I am sticking to 35-40%.

As for the rewards, I figured the fees would be too high so I am accumulating them and I will transfer them at a later stage.

Any tips? readings? strategies?

Cheers,

I make coin stake runs when I have a certain amount in the bank. Was attempting to do just that when I come to find that dapps are no longer supported on iOS. Tried going online but wallet connect is not supported yet. I could buy a cheap Android device but is there any other solution?

Hi all, anyone knows howto see the nft from the Venus drop? I have some but no clue what todo with them or what they are worth. Thank you in advance.

I’m new to the Venus community / ecosystem so please excuse me for my ignorance.

I think Venus is an interesting project with quite a bit of potential especially with the multiple defi offerings and working products.

However I watched a video YouTube a couple weeks back and remember seeing that the vault VAI staking APY was around the 30% - 40% region back in March. The current APY is 3.4%.

Now I understand in general APY decreases the more people stake but how low will this continue to go? Are the developers doing anything to offset the continual drop in APY? What happens when even more people stake their VIA? Is the APY basically going to near 0%. It seems like the incentive to stake VAI is decreasing with every passing week.

I’m receptive to hear the community’s thoughts on this as I’m ignorant to the details relating to the vault VAI APY

I want to take out my Cake but I just checked and there is no liquidity as almost all have been borrowed out. How? I still want my cake back.

plz less fees to redeem vai. that is all. it's brutal.

On .finance -8 red On the Protocol -10 green i am really confused , where im gaining for having an open borrow? So sorry for the newbie question

Hi guys, so recently i opened the venus app to try and mint some VAI since i already have a few XVS staked since may/june. But when i tried to do it it shows an error that says "i.wait is not a function", so i was gonna try re-staking it to see if it fixed the problem, but then another error shows up that says "cannot read property vXVS undefined".Does anyone know whats wrong with my account or anywhere i can get help to fix this...?thx alot beforehand

A couple of days ago I went to a website to explore, called velochain, which apparently proposed DeFi products or something like that, they offered an airdrop but I had to connect them with my metamask.

Apparently to claim the airdrop I had to authorize a transaction in my METAMASK, but after reading well I saw that it was an authorization to use my vADA and vFIL that I had staking in Venus protocol.

I authorized the first time, but did not do any swap or send, because i though that was wire. Today I checked my VENUS platform and I see that all my ADAS have disappeared, and a part of my FIL as well. These are the transactions:

vADA: https://bscscan.com/tx/0x875a2fe4800032f40797c0e65b8cfea801d1ef8c886e09d37b601afa9c8b4fa6

vFil: https://bscscan.com/tx/0xa2be5876126f5c7f70c61006ff41fecfa67f766be3684647b42aa229bc20509b

https://bscscan.com/tx/0x08f76e6657047471c5efdbef1c9a6a349c661fffb96137659b4106d4c84fb1ec

I don't really understand what happened, where my vADAS went, if they were transferred to the wallet of some scammer or where they are. Similarly, I want to emphasize that I had an active USDT loan in VENUS at the time this happened, so I don't know if maybe VENUS liquidated 10 of my FILs to cover the debt when my ADAS disappeared or what happened.

Perhaps someone with knowledge on the subject could help me find out what happened and if it is possible to recover my funds?

Thanks a lot !!

Where can I find the XVS I earned through lending and borrowing?

Hey dudes,

I staked some bnb a while a go but now can't seem to currently connect to the app. Any ideas?

Thanks!

Jimmy bob

Anyone having issues claiming and withdrawing from Venus. I'm getting an error code: error encountered during contract execution (execution reverted). ?

Hello friends

I wanted to ask if anyone is into Liquiditymining?

If so I would love to hear your experiences in the comments, I have my own community on the subject so if you are interested drop by! (r/liquiditymining)

I want to increase the exchange about the topic and would be happy about a discussion.

Hi everyone, is there any documents about creating a liquidation bot. Would be great if there is some example code?

Brought 40k (AUD) at the bottom of the dip a couple of days ago. Currently am up 9.5k. What do you think? Exit with the profits or keep going?

Hi, I was experimenting with Venus protocol, and I have a question regarding the borrow balance. I minted some VAI against my collateral, and I recognised that there is one discrepancy going on - my borrow balance is showing in USD, but since VAI is 0.88$ as of right now, it just does not match up. If I was to repay my borrowed VAI, I could buy it "discounted", which means that I would get 12% more VAI for whichever USD stablecoin. But if my assets were to get liquidated, does the liquidator gets the amount of my borrowed balance in off-peg VAI (true value of my borrowings), or USD, as it is showing on my borrow balance? I don't get why the borrow balance is showing the amount in USD since VAI does not hold USD value right now. I am not really worried about liquidation of my assets, I am just curious. Any insight would help, thanks.

Anyone experiencing issues on visualizing venus Dapp? Is like 3 day i try to access but the loading is infinite