DEBBIE_OTTON

Over the years, DeFi has grown from simple lending pools into systems where the same capital can serve several purposes at once.
One of the newer approaches to this idea is Venus Flux, a protocol built on BNB Chain that brings multiple DeFi activities into a single liquidity environment.
Rather than separating lending, trading, and leverage across different platforms, Flux places them within one structure where the same liquidity can support several actions at the same time.
At its core, Venus Flux is a unified liquidity layer. Assets supplied to the protocol do not sit inside isolated products. Instead, liquidity contributes to a shared pool that supports lending, borrowing, swaps, and leverage strategies within the same system.

This structure allows users to manage positions without constantly moving funds between different protocols or interfaces.
When users supply assets such as stablecoins or other supported tokens, those assets enter Flux lending pools where they become available for borrowers.
Borrowers pay interest to access this liquidity, and that interest becomes yield for the users who supplied the assets. In simple terms, supplying tokens allows participants to earn returns while their funds help maintain liquidity for borrowing activity on the protocol.

Another important part of the system is borrowing. Instead of selling their crypto to access funds, users can borrow against the assets they have supplied as collateral.

This allows them to obtain liquidity while still holding their original assets.
For many participants, borrowing against collateral is a way to keep exposure to their holdings while still gaining access to capital within the same platform.
Venus Flux also includes a feature called Multiply, which is designed for users who want greater exposure to an asset. Multiply automates a process where assets are supplied, borrowed against, and supplied again.

By looping this cycle, the protocol allows users to increase exposure to an asset through automated supply and borrow positions, removing the need to perform each step manually.
All of these functions operate on @BNB Chain , where Venus Flux is currently deployed.
By combining lending, borrowing, trading, and leverage within one liquidity layer, the protocol allows users to supply assets to earn yield, borrow against their collateral when liquidity is needed, and expand positions using features like Multiply.

Understanding these basic functions provides a clear starting point for anyone exploring how Venus Flux works and what users can do once they begin interacting with the protocol.

Visit: flux.venus.io
#ViralTopic #bnb #VenusProtocol😍

Most people still think you need a laptop and some expensive setup to use DeFi, but that’s so 2018.
These days, I do it from my phone. Using Venus Flux, I was able to lend and borrow in under 10 minutes… 👀
Here’s exactly what I did;
Step 1: Open Venus Flux
On my phone browser, I opened: flux.venus.io
Step 2: Connect wallet (WalletConnect)
I tapped Connect Wallet → selected WalletConnect and my wallet popped up. I approved the connection and signed the request.
It Connected.
Step 3: Deposit USDC
At the top of the page, there’s a dropdown menu.
I selected “Lend”, which opened up a list of assets I could supply.
I selected USDC and the page showed the live APR (the rate changes, but at the time it was around 5.84% APR).

Step 4: Enter amount
I entered 300 USDC.
Step 5: Approve contract
Now this part is important. Before you can deposit, you must Approve the contract to access your USDC.
So I tapped Approve.
Here’s what I noticed: I didn’t need to manually confirm anything inside my wallet because the confirmation flow was automatic.
I saw a “Transaction Pending” message, and almost immediately after, a pop-up notification that it had been confirmed.
Super smooth!

Step 6: Supply (this is the actual “lending” step)
After approval, the button changed to Deposit. I tapped Deposit and again I got a short pop up pending message, pop-up confirmation and done.
And just like that, the 300 USDC was supplied. That’s all it took for me to lend some USDC.
After that, I proceeded to borrow USDC using BTCB as collateral.
I simply put up my collateral (BTCB) and borrowed against it (USDC).
And here’s how it went step by step;
Step 1: Selected the BTCB/USDC market
On Flux, I navigated to the market/pair showing: BTCB / USDC
Step 2: Deposit BTCB as collateral
I tapped Deposit under BTCB. My wallet balance showed 0.5 BTCB, so I entered 0.5.
Just like lending, it first required an Approve transaction, then a Deposit transaction.
Tap Approve → You’ll see “Transaction Pending” → Then almost instantly, a confirmation pop-up.
Then tap Deposit →Pending →Confirmed.
Once that confirmed, my 0.5 BTCB was now collateral.

Step 3: Borrow USDC
Next, I opened the Borrow action for USDC. I entered 2,000 USDC as the borrow amount.
Before confirming, I looked at the safety indicators on the screen:
• It showed Safe
• My Ratio
• The Liquidation Threshold (88%)
• A liquidation price reference in USDC terms
Then I tapped Borrow and it was the same flow as lending.
✅ Once confirmed, the 2,000 USDC landed in my wallet.

Step 4: Confirm the position (My Positions)
After that, I checked My Positions and could see everything clearly:
• Collateral: 0.5 BTCB ($33,458 at that moment)
• Debt: 2,000 USDC
• Borrow APY: 2.23%
• Multiplier: 1.06x
• Ratio: 5.98% (very conservative)

And that was it. No Complex procedures!

Get started: flux.venus.io

@VenusProtocol @BNB Chain
#BNBChain #defi #VenusProtocol😍 #VenusFlux