Venus fundamentals

Projects
1

A space to discuss the fundamentals of ‘Venus’.

Link to the dashboard: Venus (XVS) - Key metrics | Dashboard | Token Terminal

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Token Terminal <> Venus | Monthly data update (March 2023)

Chains tracked: BNB Chain

Methodology:

  • Active loans: Average value of outstanding borrows on Venus

  • Fees: Total interest paid by borrowers (not including liquidation fees)

  • Supply-side fees: Share of fees that goes to the lenders

  • Revenue: Share of fees that goes to the protocol

  • Token incentives: USD value of the protocol’s governance tokens that have been distributed to users

  • Earnings: revenue minus token incentives

  • Treasury: monthly average USD value of the protocol’s funds held on-chain (including unallocated governance tokens)

  • Daily active users: monthly average number of distinct depositors, withdrawers, borrowers & repayers

  • Active developers: monthly average number of distinct GitHub users that made 1+ commits to the project’s public GitHub repositories during the past 30 days

  • Code commits: number of commits to the project’s public GitHub repositories

Metrics (March 2023):

1 Like
3

Thank you Token Terminal! On behalf of The Venus Team, we have reviewed the monthly data update, and the values are in line with our benchmarks

2 Likes
4

Token Terminal <> Venus | Monthly data update (April 2023)

Chains tracked: Binance-Smart-Chain

Methodology:

  • Active loans: Monthly average value of outstanding borrows on Venus
  • Fees: Total interest paid by borrowers (not including liquidation fees)
  • Supply-side fees: Share of fees that goes to the lenders
  • Revenue: Share of fees that goes to the protocol
  • Token incentives: USD value of tokens that have been distributed to incentivise users
  • Earnings: Revenue minus token incentives
  • Treasury: Monthly average USD value of the protocol’s funds held on-chain (including unallocated governance tokens)
  • Daily active users: Monthly average number of daily distinct Repayers, Borrowers, Depositors, and Withdrawers
  • Core developers: Monthly average number of distinct GitHub users that made 1+ commits to the project’s public GitHub repositories during the past 30 days
  • Code commits: Number of commits to the project’s public GitHub repositories

Metrics (April 2023):

5

Thank you Token Terminal! On behalf of The Venus Team, we have reviewed the monthly data update, and the values are in line with our benchmarks

6

Token Terminal <> Venus | Monthly data update (June 2023)

Chains tracked: Binance-Smart-Chain

Methodology:

  • Net deposits: Total value deposited to the protocol
  • Active loans: Monthly average value of outstanding borrows on Venus
  • Fees: Total interest paid by borrowers (not including liquidation fees)
  • Supply-side fees: Share of fees that goes to the lenders
  • Revenue: Share of fees that goes to the protocol
  • Token incentives: USD value of tokens that have been distributed to incentivise users
  • Earnings: Revenue minus token incentives
  • Treasury: Monthly average USD value of the protocol’s funds held on-chain (including unallocated governance tokens)
  • Daily active users: Monthly average number of daily distinct Depositors, Withdrawers, Repayers, and Borrowers
  • Weekly active users: Monthly average number of weekly distinct Depositors, Withdrawers, Repayers, and Borrowers
  • Monthly active users: Monthly average number of monthly distinct Depositors, Withdrawers, Repayers, and Borrowers
  • Core developers: Monthly average number of distinct GitHub users that made 1+ commits to the project’s public GitHub repositories during the past 30 days
  • Code commits: Number of commits to the project’s public GitHub repositories

Metrics (June 2023):