Venus Protocol: If BNB reaches the liquidation threshold, BNB Chain will take over the BNB positions on Venus as planned

ChainCatcher news, the lending protocol Venus Protocol on BNB Chain tweeted that the BNB Chain core team is ready to take over BNB positions on Venus as planned if the BNB price reaches the liquidation threshold. The calculation address has prepared $30 million to repay account loans, and more will be available if needed. No BNB will be sold on the market, and Venus does not expect to incur any losses. (Source link)