Mercor Finance Partners up with Venus Protocol

Mercor Finance
3 min readMar 29, 2022

Mercor Finance is proud to announce that it has partnered with Venus Protocol.

Venus Protocol

Venus has created a protocol that enables a traditional money market tied into synthetic stablecoin generation. This will lead to accessibility and benefit of locked collateral. Venus will enable anyone to utilize a high-speed and low transaction cost blockchain by leveraging BNB Chain (Formerly known as the Binance Smart Chain), to supply collateral, earn interest on that collateral, borrow against that collateral, and mint stablecoins on-demand within seconds. These solutions all happen directly on the blockchain. Venus unlocks billions of dollars in value by allowing lending and borrowing of tokens that were previously not accessible. Venus Protocol is currently the largest decentralized borrowing and lending marketplace on the BNB Chain.

Venus is working to become a multi-chain protocol interpretable with additional blockchains such as Ethereum, Avalanche and Solana, enabling it to become a key innovator in the evolution of the DeFi space. This will enable Venus to introduce revolutionary new capabilities for DeFi, such as undercollateralized loans and NFT collateralization for Venus users.

Being a top 20 protocol in terms of total value locked, with multiple big updates planned throughout 2022 and having a substantial and loyal community, Mercor is confident this partnership will bring great value to both Mercor and Venus users.

The Partnership

The integration of Mercor with Venus Protocol will improve the performance of algorithms and give developers extended tools to create strategies that outperform the market. The integration will enable Mercor Algorithms to supply liquidity to the Venus Protocol which can be used by users of Venus.

Investors in the algorithms will be rewarded by an APY generated by the fees paid by the users of the Venus Protocol. This APY will be automatically added to the revenue generated by the algorithm.

As an example, we can have a look at MoonQuant’s Mid-Timeframe Momentum BNB-BUSD algorithm. This algorithm is a low frequency trading algorithm that on average holds BNB for a period of a few weeks at a time. While generating profit by predicting trends and outperforming the market, the BNB in the contract stays untouched in the contract until MoonQuant decides to sell it again.

Here, the integration with Venus Protocol could have a huge benefit as during the holding period of BNB this BNB can be supplied to the Venus Protocol providing APY up to 40%.

This is not only possible with the BNB but also with the BUSD stablecoin, which means the Venus integration could give permanent additional APY.

The integration with Venus is unique in its kind and the first of many, as the Mercor development team is planning on adding additional integrations in order to incorporate the most profiting DeFi protocols into the Mercor algorithms.



Mercor Finance

Mercor disrupts financial markets by building a bridge between algorithmic trading and every-day investors worldwide. Official website: