Update
Venus Protocol Expands Liquidity Hub with Tokenized ETFs
Venus Protocol, a decentralized finance (DeFi) platform, is expanding its Liquidity Hub to include Hub-Funded Spoke Markets. The first Spoke Market will introduce tokenized ETFs, allowing users to deposit QQQB and SPYB as collateral and borrow USDT, USDC, and other stablecoins. Users can access these features through the Venus Protocol website, with liquidity provided by the Venus Liquidity Hub. This update aims to enhance the capital efficiency of chain-based assets and open up new DeFi opportunities.