1. What is xvs?

Introduction to Venus (XVS) Cryptocurrency

Venus is a decentralised digital asset aimed at providing fast, secure, and low-cost trading services. It utilises blockchain technology to ensure transparency and security in transactions. Here are some key features of Venus:

1. Decentralisation: Venus is not controlled by any central authority, such as the government or banks. This decentralised characteristic gives users greater autonomy and control, allowing them to conduct transactions more freely.

2. Fast Transactions: Compared to traditional financial systems, trading using Venus can be completed more quickly, often in just a few minutes or less.

3. Low-Cost Transactions: Since Venus does not require any intermediaries, such as banks or payment processors, to conduct transactions, the transaction fees are relatively low.

4. Utility: XVS tokens are used for network governance, wherein XVS holders can propose changes to the network and vote on proposals to add new collateral, protocols, upgrades, and other significant elements.

5. Security: Although Venus offers a relatively high level of anonymity, users still need to take steps to protect their personal information and funds. This includes using strong passwords to secure wallets and being cautious to avoid potential phishing and fraud activities.

In summary, Venus is a cryptocurrency with significant historical importance and key features that offer advantages of decentralisation, fast trading, and low-cost transactions.

2. Who founded xvs?

The cryptocurrency XVS (Venus) was launched by the Swipe project team. Swipe is a Binance investment company that introduced the Venus protocol in 2020, aiming to provide decentralised financial services, including lending and stablecoin minting functions.

3. Which venture capital invested in xvs?

Information regarding investments in the cryptocurrency XVS (Venus) is not directly mentioned in the provided search results. However, we can understand from the information given that some notable venture capital firms have been active in cryptocurrency investments:

1. Tiger Global: The firm participated in 19 investments in crypto projects in the first quarter of 2022, representing a 90% increase from the previous quarter. Their investment projects include FTX, PDAX, Amber, NEAR, Helium, LayerZero Labs, Polygon, Aleo, The Graph, Serum, as well as the NFT project BAYC's parent company Yuga Labs.

2. Sequoia Capital: While there is no direct mention of Sequoia Capital investing in XVS, they have a broad investment footprint in the cryptocurrency sector. Sequoia recently announced a split into independent local funds, including Sequoia US & Europe, Sequoia China, and Sequoia India/Southeast Asia (Peak XV Partners).

3. Other Investors: There is no direct mention of other venture capital firms investing in XVS. However, we can infer from the information provided that some firms are actively investing in the cryptocurrency space, such as Tiger Global's aggressive involvement and Sequoia Capital's restructuring plans.

In conclusion, the provided information does not directly answer which venture capital invested in the cryptocurrency XVS, but it offers insights into Tiger Global and Sequoia Capital's investment activities in the crypto domain.

4. How does xvs work?

How the XVS Cryptocurrency (Venus Protocol) Works:

1. Infrastructure: The Venus Protocol operates on the Binance Smart Chain (BSC), leveraging BSC's cross-chain technology to facilitate the issuance and lending of stablecoins.

2. Governance Token: XVS is the governance token of the Venus Protocol, with a total supply of 30,000,000 tokens, of which 51.5% (15,400,000 tokens) are already in circulation.

3. Functionality: XVS holders have voting rights on the platform, allowing them to participate in decisions such as adding new collateral assets and adjusting contract parameters.

4. Reward System: The XVS tokens are used to reward borrowers, suppliers, and minting of VAI (Venus stablecoin).

5. Risk Management: The Venus Protocol ensures financial stability through a risk fund (which accounts for 40% of revenue) and other mechanisms.

6. Cross-Chain Lending: The Venus Protocol allows users to borrow and mint stablecoins using collateral assets, enabling cross-chain DeFi lending.

7. Decentralisation: The Venus Protocol was launched through Binance Launchpool, with no pre-sale or team allocation, reinforcing the idea of decentralisation.

In summary, as the governance token of the Venus Protocol, XVS leverages BSC's cross-chain technology to facilitate stablecoin issuance and lending, providing the advantages of decentralisation, fast transactions, and low-cost trading.