Details about Venus BTC cryptocurrency
Venus BTC
VBTC
Unknown for now
€5,477
1
Unknown
https://venus.io/
@VenusProtocol
Venus BTC price charts
VBTC exchanges
Venus BTC, the crypto
Venus BTC (VBTC) is a cryptocurrency that operates on the Binance Smart Chain network. VBTC is a tokenized version of Bitcoin that is pegged to the value of Bitcoin and allows users to earn interest on their holdings through the Venus platform.
The point
The main point of Venus BTC (VBTC) is to provide users with a way to earn interest on their Bitcoin holdings without having to sell or trade their Bitcoin. VBTC is a decentralized digital asset that acts as a bridge between Bitcoin and the Venus platform, which is a decentralized lending and borrowing platform built on the Binance Smart Chain network.
The problem
Venus BTC (VBTC) aims to solve the problem of low interest rates for Bitcoin holders. By providing a tokenized version of Bitcoin that can be used on the Venus platform, Bitcoin holders can earn interest on their holdings and potentially increase their overall returns without having to sell their Bitcoin.
Compare VBTC and BTC performance
| Timeframe | VBTC | BTC |
|---|---|---|
| 1h change | -0.888693 % | -0.234911 % |
| 24h change | 0.47 % | 1.25967 % |
| 7 day change | -2.72 % | -1.44157 % |
| 14 day change | -9.97 % | -9.47799 % |
| 30 day change | -8.65 % | -7.33786 % |
| 200 day change | 128.73 % | 129.168 % |
| Year change | 127.44 % | 129.33 % |