How to use Venus Protocol? Check our new Yield Farming Tutorial for Beginners!
#Venus is a lending DeFi platform that allows users to lend and borrow cryptocurrency based on collateralization. The primary role of the Venus platform is to enable automated decentralized lending services where lenders can earn an APY based on their deposited funds for supported cryptocurrencies.
In this video on How to use Venus, we are going to talk about how venus protocol works, walk through lending and borrowing on the platform step by step and show how to track those position using the defiyield app.
00:00 – Introduction
00:30 – What Venus Protocol is?
02:45 – How Venus Protocol Works?
06:40 – Venus Platform Overview / How DeFiYield Dashboard can help you Yield Farming?
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Yield Farming on Binance Smart Chain — Ultimate Guide: https://blog.defiyield.app/the-ultimate-guide-for-yield-farming-with-binance-chain-dbc23beb6df4
Amazon Bestseller “The Wall Street Era is Over” by DEFIYIELD: https://www.amazon.com/Decentralized-Finance-DeFi-Investors-Cryptocurrency-ebook/dp/B094X2BJH9
#VENUSProtocol #YieldFarming #HowToUse #Defiyield #Cryptocurrency
Play safe. Never invest more than you can afford to lose. ❤️