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RE: Vena Network can Help Grow Crypto Participation.
Vena is similar to other lending giants such as Nexo and Money Token. What is more special about Vena?
Vena is similar to other lending giants such as Nexo and Money Token. What is more special about Vena?
Not at all like those 2.
The other 2 are platforms, not protocols. Vena is designed to create smart contracts to handle financial interactions. The best use case is for loans, and it provides a jury network to resolve the problems that occur in any loan agreement.
This protocol can also be used for OTC trades. My perspective is that it could be used for milestone-based fund releases for property developments and ICOs too.
It's a protocol; the limit's up to the development community's creativity.
😊👍Thanks for the explanation. I thought these three were same initially.