Гаманець для Venus LINK

What is Venus LINK (VLINK)?

vLINK marks a supplied position in the Chainlink token market on Venus. The chain of representations is worth spelling out, because LINK exists in several forms. The canonical LINK is an ERC-20 on Ethereum, and it has been issued natively on other networks as well; on BNB Smart Chain the common form is a pegged BEP-20 version. vLINK sits one level above that pegged token, as the receipt Venus issues for depositing it.

So three different things can appear in a portfolio under names containing LINK, and only one of them is the token oracle nodes are actually paid in. vLINK cannot be used for anything on the Chainlink network; it is a lending claim, redeemable through Venus for the BEP-20 token and no further.

On the balance itself: the count never moves. The exchange rate against the underlying rises with borrower interest, and 8 decimals on the receipt make the displayed number much larger than the LINK it corresponds to. Collateralised positions with an open borrow are partially locked against transfer until repayment.

Inside Tangem, assets are listed per network with their own balances, and the network used for an outgoing transfer is named on the confirmation screen before the card signs, which is useful when three similar tickers are in play. Holding the receipt, the pegged token and the fee coin in one place, each clearly labelled, takes most of the guesswork out of managing this position.

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