# Venus Protocol

> Universal Money Markets

Venus Protocol helps users borrow and lend digital assets by providing algorithmic money markets across multiple blockchains.

Venus Protocol helps DeFi users access lending and borrowing services by operating algorithmic money markets on EVM-compatible blockchains. With it, users can supply collateral to earn interest, borrow assets against collateral, and mint stablecoins.

- Type: Project
- Sector: Finance
- Status: Active
- Founded: 2020-09-01
- Profile: https://thegrid.id/profiles/venus_protocol

## Products

- [Venus Protocol](https://thegrid.id/profiles/venus_protocol): Venus Protocol operates algorithmic money markets enabling over-collateralized lending and borrowing through core and isolated pool architectures. The system calculates interest rates based on supply and demand dynamics while maintaining collateral ratios through automated liquidation mechanisms. Risk management separates assets into distinct pools with independent parameters including collateral factors and rate models. Protocol revenue distributes to XVS stakers through Venus Prime using non-transferable soulbound tokens that boost yields based on staking duration and market participation. Users mint VAI stablecoin against supplied collateral with peg stability maintained through direct swaps between VAI and other stablecoins at fixed ratios. (Decentralised Borrowing & Lending, Live, Main Product)

## Assets

- [Venus (XVS)](https://thegrid.id/profiles/venus_protocol): XVS is the governance token of Venus Protocol. It is used to vote on protocol proposals and parameter changes by staking tokens in the governance vault. Stakers receive a share of protocol revenue, creating direct alignment between token holders and the financial health of the lending markets. (Governance)
- [VAI Stablecoin (VAI)](https://thegrid.id/profiles/venus_protocol): VAI is a synthetic stablecoin of Venus Protocol, minted by users who deposit collateral onto the Venus smart contract. It sustains its value via a stability fee system charged when users repay their minted VAI. The protocol maintains the peg through a Peg Stability Module that allows users to exchange VAI and USDT at a fixed conversion rate of 1 VAI = $1. (Stablecoin)

## Links

- [Main](https://venus.io)
- [Whitepaper](https://github.com/VenusProtocol/venus-protocol-documentation/tree/main/whitepapers)
- [Terms of Service](https://venus.io/terms-of-use)
- [Privacy policy](https://venus.io/privacy-policy)
- [Documentation](https://docs-v4.venus.io)
- [Forum](https://community.venus.io)
- [Twitter / X](https://x.com/VenusProtocol)
- [GitHub](https://github.com/VenusProtocol)
- [Telegram](https://t.me/venusprotocol)
- [Discord](https://discord.com/invite/venus-protocol-912811548651708448)
- [YouTube](https://www.youtube.com/@venusprotocolofficial)

## Legal

This data is provided under two licensing models.

Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation.

Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
- a project's presence in The Grid's data does not imply endorsement.


- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP