Venus (XVS) is a decentralized finance (DeFi) platform that operates on the BNB Chain, offering a robust money market protocol for the crypto community. At its core, Venus enables users to deposit a variety of cryptoassets, which can then be borrowed. Unlike traditional financial systems where interest rates are often set by central entities, Venus employs a unique algorithmic approach. The interest rates for borrowing and lending on Venus are dynamically adjusted based on an interest rate model. This model takes into account the utilization ratio, which is the proportion of deposited assets that have been borrowed.