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代币简介
Venus DOT (vDOT) is a yield-bearing token within the Venus Protocol, a decentralized money market on Binance Smart Chain (BSC) and other networks. vDOT represents staked Polkadot (DOT) that has been bridged or wrapped onto the Venus Protocol's supported chain. Holding vDOT allows users to earn staking rewards from the underlying DOT while simultaneously using vDOT within the Venus Protocol for lending or borrowing. This provides liquidity to staked assets. vDOT integrates Polkadot's staking yield into the DeFi ecosystem of Venus Protocol, allowing users to earn multiple layers of yield on their assets.
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