Beginner : Pls explain the power of Venus

Hi !
I’m a beginner. Ih ave a Web3 Wallet. It has been linked to Venus . Imanaged to transfer USDT . So my question is . Can someone explain a stradegy to explain the power of Venus. Is Venus the same as BNB Vault, supplying collateral but on a bigger scale.
PLS explain it to a beginner.
THANKS, Your help will be much appreciated.

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