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Saturday, December 3, 2022 Coin Review: Guide About

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The live Filecoin price today is $0.843445 USD with a 24-hour trading volume of not available. Venus Filecoin is up 2.09% in the last 24 hours. The current CoinMarketCap ranking is #4245, with a live market cap of not available. The circulating supply is not available and the max. supply is not available. Filecoin (vFIL) is a cryptocurrency and operates on the Binance Smart Chain platform. Venus Filecoin has a current supply of 0. The last known price of Venus Filecoin is 0.84334371 USD and is up 2.09 over the last 24 hours. It is currently trading on 1 active market(s) with $0.00 traded over the last 24 hours. 

Important Points Table Of

Short Name vFIL
Max SupplyN/A
ExplorerClick Here To View
Source Click Here To View
WebsiteClick Here To Visit

How to Buy the Coin (vFIL) Coin & Trade On Exchange?

First Step

Buying vFIL Is Very Easy Task . Just Find Exchange Where vFIL Available & Buy Through Your Credit & Other Altcoin .

Second Step

Once You Purchased vFIL. Now It Is Time To Store Your vFIL Or Start Trading On Exchange.

First Decentralized Stablecoin enables the world’s first decentralized stablecoin, VAI, built on Binance Smart Chain that is backed by a basket of stablecoins and crypto assets without centralized control.

Earn interest on your assets

Funds held within the protocol can earn APY’s based on the market demand for that asset. Interest is earned by the block and can be used as collateral to borrow assets or to mint stable coins.

Money Markets built on Binance Smart Chain can now tokenize your assets utilizing the Binance Smart Chain and receive portable vTokens that you can freely move around to cold storage, transfer to other users, and more.

Access instant liquidity on Venus

Use your vToken collateral to borrow from the Venus Protocol instantly with no trading fees, no slippage and directly on-chain. With Venus, you have on-demand liquidity available globally.

Protocol Math

The protocol contracts use a system of exponential math,Exponential.sol, in order to represent fractional quantities with sufficient precision.Most numbers are represented as a mantissa, an unsigned integer scaled by 1 * 10 ^ 18, in order to perform basic math at a high level of precision.

Gas Costs

The gas usage of the protocol functions may fluctuate by market and user. External calls, such as to underlying BEP-20 tokens, may use an arbitrary amount of gas. Any calculations that involve checking account liquidity, have gas costs that increase with the number of entered markets.


Each asset supported by the Venus Protocol is integrated through a vToken contract, which is an EIP-20 compliant representation of balances supplied to the protocol. By minting vTokens, users (1) earn interest through the vToken’s exchange rate, which increases in value relative to the underlying asset, and (2) gain the ability to use vTokens as collateral.vTokens are the primary means of interacting with the Venus Protocol; when a user mints, redeems, borrows, repays a borrow, liquidates a borrow, or transfers vTokens, she will do so using the vToken contract.

There are currently two types of vTokens: VBep20 and VBnb. Though both types expose the EIP-20 interface, VBep20 wraps an underlying BEP-20 asset, while VBnb simply wraps BNB itself. As such, the core functions which involve transferring an asset into the protocol have slightly different interfaces depending on the type, each of which is shown below.


The protocol is governed and upgraded by XVS token-holders, using three distinct components; the XVS token, governance module (Governor Alpha), and Timelock. Together, these contracts allow the community to propose, vote, and implement changes through the administrative functions of a vToken or the unitroller. Proposals can include changes like adjusting an interest rate model, to adding support for a new asset.vTokens are the primary means of interacting with the Venus Protocol; when a user mints, redeems, borrows, repays a borrow, liquidates a borrow, or transfers vTokens, she will do so using the vToken contract.

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