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Venus Protocol Joins Forces with Fluid to Launch Venus Flux, the First Unified Liquidity Layer on BNB Chain

BeInCrypto
Venus Protocol and Fluid launched Venus Flux, a unified liquidity layer for BNB Chain, aiming to improve capital efficiency in DeFi.

Summary

Venus Protocol, a leading lending platform on BNB Chain, has partnered with Fluid, a connected liquidity architecture provider, to launch Venus Flux. This new Unified Liquidity Layer seeks to address the fragmentation of capital in traditional DeFi by allowing users to simultaneously access lending, borrowing, and trading liquidity with a single deposit. Venus Flux introduces a 'Smart Liquidity' engine with features like 'Smart Collateral' and 'Smart Debt,' which maximize capital utilization by enabling collateral to earn yield while backing loans and allowing borrowed funds to generate trading fees. The collaboration combines Venus Protocol’s liquidity depth with Fluid’s technological innovation, aiming to create a more efficient and streamlined DeFi experience for both retail and institutional users on the BNB Chain ecosystem.

(Source:BeInCrypto)