BNB chain ecosystem tokens are generally up, with CAKE rising over 18% in 24 hours. According to the market data of Gate.io, benefiting from BNB breaking through $700, the ecological tokens of BNB chain have seen a general rise, including: CAKE is now priced at $3.172, with a 24-hour increase of 18.8%. XVS is now priced at $11.67, with a 24-hour increase of 15.77%; BAKE is currently priced at 0.3616 US dollars, with a 24-hour increase of 14.78%.

Cryptocurrency analyst Michaël van de Poppe said that altcoins have bottomed out in the market and shared a list of five tokens that he believes could triple BTC returns: Optimism (OP), Chainlink (LINK), Woo (XVS), Celestia (TIA), and Scale (SKL). Van de Poppe emphasized that he currently holds less Bitcoin and is shifting towards altcoins, but will continue to hold more Bitcoin in the future. In addition, he is optimistic about Ethereum, believing that its price has started to rise and the ETH/BTC pair has reached its highest level in the past two weeks.

🔥 Gate.io Trending Coins [November 6] 🔥 $BTC$ $ETH$ $NEO$ $XRP$ $NAKA$ $MEME$ $EGLD$ $XVS$ 💎Explore More: https://www.gate.io/trade

PANews reported on November 6 that Michael Egorov, the founder of Curve, launched a proposal to "deploy Venus Protocol on the Ethereum mainnet" in the Venus Protocol community, a lending protocol on the BNB Chain, proposing to deploy Venus Protocol to the Ethereum mainnet and use the Curve tokens crvUSD and CRV as collateral and borrowable assets. Curve will be incentivized with 500,000 CRV and will ask Venus to match this mining incentive with XVS to double the reward at an annual interest rate of 10%. The proposal says that if the protocol is available on the Ethereum mainnet, Curve could help open mining pools using Venus assets such as XVS and VAI, and can also help the protocol on BSC once Curve is deployed on BSC.

On November 6, it was reported that Michael Egorov, the founder of Curve, launched a proposal to deploy Venus Protocol on the Ethereum mainnet by the Venus Protocol community, a lending protocol on BNB Chain. The proposal proposes to deploy Venus Protocol to the Ethereum mainnet and use the Curve tokens crvUSD and CRV as collateral and borrowable assets. Curve will be incentivized with 500,000 CRV and will ask Venus to match this mining incentive with XVS to double the reward at an annual interest rate of 10%.

Golden Finance reported that LayerZero Labs launched a new proposal in the Venus community, proposing to implement LayerZero technology to make Venus a true full-chain protocol. LayerZero proposes three integration phases: 1. Adopt LayerZero's OFT standard for the native stablecoin VAI and governance token XVS. 2.Venus integrates a cross-chain governance module powered by LayerZero. 3. Integrate LayerZero to achieve the vision of a full-chain currency market.

🔥 Gate.io Trending Coins [September 8] 🔥 $BTC$ $XVS$ $TRB$ $PEPE$ $NEXT$ $ETH$ $PERP$ $SHPING$ 💎Explore More: https://www.gate.io/trade

On September 8th, Venus Protocol, the BNB chain lending agreement, stated on its social platform that the agreement will launch a new incentive plan called VenusPrime, which aims to increase user participation and growth within the agreement by incentivizing XVS staking.