https://docs-v4.venus.io/tokens/vai
VAI is the primary stablecoin of the Venus Protocol. It is carefully designed and integrated with a series of stability mechanisms to maintain its peg to 1 USD. We plan to re-enable minting of VAI in coming weeks.
For Vai Minting XVS will be burned?
No, you can supply some assets from Venus markets and them as collateral to mint VAI.
You can use $VAI to purchase items on Uquid (a Web3 online store) Simply follow the link in the announcement for more details 😄
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