Market Data
About VAI
VAI is a decentralized stablecoin and the native stable asset of the Venus Protocol, running on the BNB Chain. Launched in 2020, VAI is minted and redeemed directly on the Venus platform by users who provide collateralized digital assets. It serves as a key component of the protocol's synthetic stablecoin mechanism, allowing users to access liquidity without selling their underlying crypto holdings.
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