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Телеграм канал «Venom Foundation Official»
Venom Foundation Official
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Official Venom Foundation account. Delivering an asynchronous, ultra-fast, scalable blockchain with low transaction fees for CBDC and Web3 projects worldwide
Due to the ongoing network migration, Stage 5 of Season 6 of Venom Quests has been postponed and is now expected to start within the next 7–14 days.
👉 Because we are switching to the new protocol, users will have to transfer their tokens over to the new network. While we prepare for the launch of Stage 5, you can migrate your $VENOM and $USDT via a 1:1 swap using the official portal: 🔗 https://migrate.venom.network
Venom is currently migrating to its next-generation protocol following the successful community vote on VIP-003.
⚡ The upgrade brings 150K TPS, sub-second finality, advanced dynamic sharding, improved PoS, and full backward compatibility, all while keeping a smooth 1:1 transition.
🌍 Major media outlets have been covering this milestone, follow the links to see what they're saying:
• Blockchain Reporter on Venom DAO’s 150K TPS Network Upgrade Vote
• CoinGabbar on Venom DAO’s Next-Generation Network Upgrade Vote
• CoinGabbar on Venom’s Completed Migration to the Next-Generation Protocol
Big step forward for Venom. Keep your eyes peeled for more updates! 👀
Migrate your $VENOM and $USDT via a 1:1 swap on the official portal. Token supply and vesting remain unchanged.
🔑 Key info:
• Old mainnet will stay online for 6 months, so move at your own pace
• Use SparX Wallet (it is replacing Venom Wallet) → sparxwallet.com/download
• The new network features up to 150,000 TPS, sub-second finality, dynamic sharding & more
🔄 Migration Portal:
https://migrate.venom.network
⚠️ Important Warning
The portal works one way only. Do not send tokens back from the new network to the old one or you will lose them. You will also see this warning when signing the migration transfer.
🔗 Full guide & details:
https://venom.foundation/migration
✅ Follow the steps carefully, start with a small test amount, and leave ~0.05 VENOM for fees.
➡️ Venom Ecosystem Update: Unstaking & Migration Info ➡️
Dear Venom community,
We’ve fully resolved the previous unstaking delays. Unstaking stVENOM now takes 24 to 60 hours.
⚠️ Important for existing requests:
If you submitted an unstaking transaction before today, it may still take up to 30 days.
You can cancel it directly in the SparX wallet interface and create a new unstaking request to benefit from the updated 24-60 hour processing time.
🔐 Reminder: Your address and seed phrase remain exactly the same as in the previous Venom wallet.
🔄 Why unstake?
To participate in the upcoming migration, you must first unstake your stVENOM back to VENOM, then swap VENOM to the new token via the official migration portal (1:1 ratio).
🔜 The portal will open soon, stay tuned for an announcement.
🆕 New workflow:
All staking and unstaking operations now happen exclusively inside the SparX wallet using the Stake/Unstake button. There is no longer any need to use VenomStake.com.
👉 We’ve prepared a detailed step-by-step guide on using SparX, including everything you need to know about unstaking: 🔗 https://medium.com/@venom.foundation/how-to-unstake-tokens-seamlessly-with-the-sparx-wallet-89a2e10aa2de
❗️ Stay tuned for the migration portal announcement.
Thank you for your patience and continued support! 🙏
Dear Venom community,
We are excited to announce that Venom Wallet is transitioning to SparX, the new official ecosystem wallet.
⚡️ What is SparX?
SparX is a next-generation wallet offering improved performance, better user experience, and full support for all current and upcoming features.
What you need to know:
✅ Your address will remain the same
✅ Your seed phrase will remain valid
✅ All your assets and tokens are safe
✅ No action is required until you decide to migrate
The migration has begun. Venom Wallet will continue to be fully supported for the next 6 months, but we strongly recommend switching to SparX as soon as possible to enjoy the best experience and future updates.
This is a huge moment for Venom and we understand there are a lot of questions. As a reminder, we have gathered all of your questions and answered them in our FAQ.
🔗 Read out the FAQ here: https://medium.com/@venom.foundation/venom-migrates-to-next-generation-protocol-faq-748c5df4e683
ℹ️ And be sure to check https://venom.foundation/migration for all the latest information.
Thank you, and if you have any issues or further questions, don't hesitate to reach out to us! 💬
The new Venom mainnet is live and producing blocks. Migration tokens are staged and ready. 🚀 The ecosystem is preparing to move.
🔗 All the latest information about the migration is now available here: https://venom.foundation/migration
Where we stand:
• New mainnet — deployed, sub-second finality, dynamic sharding live
• New explorer — https://new.venomscan.com/
• New JRPC — jrpc-new.venom.foundation
• Migration tokens — staged on-chain, ready for the 1:1 swap
• Migration portal — opening soon
• Bridge — deployment in progress
• ChainConnect — connecting to the new network (transactions currently on pause, full migration expected within ~1 week)
• Exchange partners — coordinated support announcements pending
The old mainnet will remain online for the next 6 months ⏳ to ensure a smooth transition.
👉 Full instructions, timeline, and regular updates will be published at https://venom.foundation/migration.
🔗 For any questions, check out our FAQ: https://medium.com/@venom.foundation/venom-migrates-to-next-generation-protocol-faq-748c5df4e683
We’ll keep the community updated every step of the way as we complete this important upgrade.