New Web Product
Venus Protocol Launches Fixed Rate Vault for $U Token
Venus Protocol has launched a Fixed Rate Vault for the $U token on its platform. The vault offers a 2.43% target annualized yield (APR) with a total capacity of 150,000 $U. Deposits are accepted for a 7-day window with a 30-day fixed term. The minimum deposit is 1,000 $U, and the vault requires hBNB as collateral. The Fixed Rate Vault is a collaboration between Venus Protocol, Hash Global, DigiFT, and United Stables, aiming to combine institutional asset tokenization with on-chain fixed-rate lending services. The deposit window is now open, with limited capacity available for early participants.