Venus Core Pool XRP

General information for everyone, not personal advice. We are never paid by the products we grade and take no commission on deposits. A risk grade is not a credit rating or a recommendation.

• -10 A smart contract holds the money. You keep your own wallet keys, but a bug in the code could lose funds.
• -10 This is an XRP IOU issued by one company on another chain, not XRP itself.
• -8 About $8.3M in it — still small enough that a few large holders can move it.

The facts

Rate

0.05% a year (current yearly rate as reported by DefiLlama (it changes every day))

Size

$8.3M

Lockup

None.

Getting your money out

Withdraw any time while the pool has unlent cash; if most of it is lent out, you wait until borrowers repay.

Who holds the keys

Smart contract: A smart contract on BSC (you keep your wallet keys)

Chain

BSC

Bridge

Binance-Peg (an IOU issued by Binance)

Age

Since Jul 6, 2022

Audits

2 report 1

Data source

DefiLlama yields API · read Oct 16, 17:55 UTC

• Age is when DefiLlama started tracking the protocol or this pool, whichever is earlier: a close stand-in for its launch.
• Uses Binance-Peg XRP, an IOU issued by Binance on BNB Chain.

Product site: app.venus.io (no referral code; we earn nothing if you use it)

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