Venus Protocol (@VenusProtocol): Getting Started with Venus Flux

Getting Started with Venus Flux Venus Flux represents a fundamental shift in how liquidity works in DeFi. Built on BNB Chain, it is the first Unified Liquidity Layer designed to transform static assets into dynamic, yield-generating positions through intelligent automation. Instead of assets sitting idle earning simple interest, Venus Flux activates both collateral and borrowed capital to work across multiple yield opportunities simultaneously, improving capital efficiency without adding complexity for users. By combining lending, liquidity provision, and strategy automation into a single layer, Venus Flux enables users to access optimized yield with minimal manual management. Core Features 1. Smart Collateral : Your collateral doesn’t sit idle — it earns LP fees from on-chain trading while still securing your loans. 2. Smart Debt : Borrowed assets can continue generating yield, reducing the opportunity cost of borrowing. 3. Multiply (Leverage) : One-click leverage strategies help amplify exposure and optimize capital efficiency. 4. Integrated DEX (Swap) : Seamless swaps directly within the Venus Flux interface for smoother position management. Getting Started on Simulation Mode Activating simulation mode step-by-step Simulation Mode lets you try Venus Flux features like lending, borrowing and vaults using test balances. It’s perfect for beginners who want to explore before using real funds. Why Use Simulation Mode? No real tokens or gas fees required. Safe to explore features like lending, borrowing, vault and Multiply. Helps you build confidence before going live. How to Activate Simulation Mode Connect your EOA wallet (top-right corner). Click the “Simulation Mode” toggle on the top right. A pop-up will appear to create a test environment. You’ll be asked if you want to add test collateral, choose a token and amount to begin. Adding Test Collateral Select Top-up Balance. Choose token. Enter the amount and click “Top Up”, you will instantly receive simulated tokens. Turning Off Simulation Mode Want to go back to live view? Just toggle off the Simulation Mode switch on the top bar. Your wallet will reconnect to the real Venus Flux environment. User Guides ：Interacting with the Lending Protocol What is Lending on Venus Flux? When you deposit your tokens (like USDC, ETH, or USDT), they get supplied into Flux’s lending pools. These tokens can then be borrowed by other users. In return, you earn : Lending APR - interest from borrowers Rewards APR - bonus rewards from the protocol Combined, this gives you your Net APR Connect Your Wallet Go Visit https://flux.venus.io Click "Connect" in top right Select your wallet provider Approve connection Ensure you're on BNB Chain Navigate to Lend Click "Start Earning" in main navigation View available assets and current APYs Notice the Total APY includes: Base lending rate & LP fee rewards (Smart Collateral) Withdrawing Your Deposit Click “Start Earning” Go to the Withdraw tab Enter the amount you want to withdraw Confirm the transaction in your wallet Your funds will return to your connected wallet instantly after confirmation. Getting Started with a Vault Here’s how you can open a vault on Flux and start borrowing: Open a Vault Position Connect your wallet (EOA, DSA, or Avocado) Go to the Borrow tab on the Flux dashboard. Use filters or the search bar to find the vault you want to use, based on your collateral and debt asset preferences. Select a vault and click Create Position to begin setting up your vault. Creating a Position After clicking Create Position, the vault interface will open. Click Deposit under the Collateral section. Enter the amount of collateral you want to supply and confirm the transaction. Once deposited, click Borrow under the Debt section. Choose the amount you wish to borrow, review the health ratio and liquidation metrics, then confirm. Manage Your Vault Once your vault is created, you can: View your deposited collateral and borrowed amount Monitor Net APY, Health Ratio, and Liquidation Price Access Vault Strategies to enhance or rebalance your position: Leverage / Deleverage Payback & Withdraw Deposit & Borrow Vault Swap Warp / Unwarp Close Your Vault To close your vault, you can use either of these two options: Payback – Repay your full debt from your wallet. After that, you can withdraw your collateral (the same asset you deposited). Deleverage – Reduce your position by using part of your collateral to repay the debt. In this case, you’ll receive your remaining collateral in the form of the debt token. Your vault is considered closed once both your debt is repaid and your collateral is withdrawn. Swap on Flux Swap allows you to seamlessly exchange one asset for another across supported aggregators, directly within Flux Feature Overview The Swap interface lets you: Select the asset you want to sell. Choose the asset you want to receive. Automatically find and use the best available rate from multiple aggregators. Customize slippage settings. Review route and price impact before confirming. When Should You Use Swap? Rebalancing collateral (e.g. switching from sUSDe to wstETH) Repaying borrow using another token Optimizing strategy to chase higher yield assets Step-by-Step Guide Select Sell Asset Select Buy Asset Best Route Selection Review Key Info Slippage Tolerance: Set your preferred slippage percentage. Route Through: Displays which aggregator is providing the rate. Price Impact: Reflects the effect of your trade on the market price. Approve & Confirm Click Swap to execute the transaction. Summary Swap on Flux is designed to make asset management simple, fast, and cost-efficient. Whether you're rebalancing your portfolio, repaying borrow positions, or seeking better yields, our smart routing and aggregator support ensure you get the most value out of every trade. Join the Flux 👉 https://flux.venus.io/lending/56