Гаманець для Venus DAI

What is Venus DAI (VDAI)?

vDAI is a receipt from the Venus money market on BNB Chain. Supply DAI to the protocol and it hands back vDAI; the vDAI is the proof of your deposit, and returning it to Venus is how you get the DAI back out.

Two things about it regularly catch holders off guard.

• Your vDAI count never changes. Interest paid by borrowers accumulates inside the market and shows up as a rising exchange rate between vDAI and DAI, so the same number of tokens redeems for a larger amount of DAI later. Nothing lands in your wallet as a separate transfer.
• The DAI underneath is BNB Chain DAI, a bridged representation rather than the Ethereum-native token, and redemption gives you that version back.

One more practical point: if the supplied position is being used as collateral against a borrow inside Venus, the vDAI is not freely transferable - the protocol will not let you move out what is holding up a loan.

Supported networks in Tangem (1): BNB Smart Chain.

A position like this needs no maintenance, because the change happens in Venus's exchange rate and not in your wallet. Tangem simply reads the current state from BNB Chain when you open the app, so the card can stay put between the day you supply and the day you redeem, which is the sensible way to sit on a deposit receipt.