Update
Venus Protocol Adds $U Fixed-Term Vault
Venus Protocol, a decentralized finance (DeFi) platform, is introducing a new $U Fixed-Term Vault feature in collaboration with Hash Global. The Vault will allow users to deposit $U tokens as collateral for hBNB, offering a target annual percentage return (APR) of 2.43%. The minimum deposit amount is set at 1,000 $U, and the total supply of $U Vault is 150,000 $U. The supply period is currently under preparation and has not been determined. Users are encouraged to expect future updates and formal start details.