If you "venerate" something, you treat it with a huge amount of respect or reverence. It means that you treat it essentially like a holy object. The word "venerate" comes from the same word as the word "revere." That might help you to better understand what "venerate" means.
So, to use "venerate" in a sentence, think about something or someone that some group of people treat as holy. You could say things like:
- The Spanish national soccer team was venerated by the Spanish public after it won the World Cup.
- One of the most venerated figures in recent history was Mother Teresa, who was widely revered for her work with poor people in India.
In both cases, you have a person or people being treated with a huge amount of respect and admiration.