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代币简介
Vai (VAI) is a stablecoin within the Venus Protocol, a decentralized algorithmic money market and stablecoin platform on the Binance Smart Chain (BSC). VAI is designed to maintain a stable value pegged to the US Dollar. Unlike some stablecoins, VAI is minted by users depositing collateral (various crypto assets) into the Venus Protocol. Users can borrow VAI against their collateral. VAI is primarily used within the Venus ecosystem for borrowing, potentially lending, and participating in DeFi activities requiring a stable store of value. Its stability relies on the collateralization ratio and the protocol's mechanisms to manage supply and demand based on the peg.
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