Venus Starts Deployment on Arbitrum Network
CryptoNewsTerminal Staff27 May, 2024
Venus Starts Deployment on Arbitrum Network
Venus (XVS), a crypto lending protocol residing on the BNB Chain (BNB), has embarked on the deployment of its protocol onto the Arbitrum (ARB) network, as communicated via the official Twitter handle of the platform. In addition to the deployment, Venus intends to migrate the ownership of its Treasury on Arbitrum to the Guardian wallet. Furthermore, the protocol plans to establish resilient oracles for the initial Venus market based on Arbitrum.