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Venus is a synthetic stablecoin protocol established on BSC. The total supply of Venus tokens is capped at 30 million.The protocol brings a simple-to-use crypto asset lending and borrowing solution to the decentralized finance (DeFi) ecosystem, allowing users to borrow directly against collateral at high speed while paying lower transaction costs. Furthermore, by submitting at least 200 percent collateral to the Venus smart contract, users can create VAI stablecoins on demand in seconds.Venus purposely create decentralization through community-based?governance. Venus founders, team members and other advisers do not have any XVS token allocations, thus the protocol's governance is exclusively controlled by the XVS community.