Swipe ended its partnership with the BSC Venus lending platfor | Top DeFi

Swipe ended its partnership with the BSC Venus lending platform

Swipe did its thing... Venus, the BSC lending platform, announced today that after a May storm of bad debt, the original Swipe team has phased out the Venus project.

With the help of BSC and the community, Venus has formed a new working group to facilitate the development, operations and community affairs of the project. Venus mentioned the following plans in the announcement.

First, there are plans to create a team of community representatives. Second, the first draft of the V3 roadmap is expected to be announced by June 24, and community input will be fully considered in determining the final V3 roadmap. Third, regarding the bad debt work plan, the Venus team will conduct an AMA clarification.