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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
💎 This stage is all about staking. Stake your $VENOM on VenomStake and get double the rewards!
Staking Rules:
📊 Volume is calculated at the end of each day
🔢 Values will be rounded down to the nearest whole number (ie, $5.99=$5.00)
⚠️ XP will be accrued according to lowest daily values so do not transfer funds out if you want guaranteed XP
Beyond staking, there are a bunch of new and interesting tasks where you can earn XP.
🎁 XP Bonus
Complete at least 8 tasks in this stage to earn an additional 45,000 XP.
🏆 New Venom X Origami Comp on KuCoin with 187,000 $VENOM Prize Pool 🏆
Alright, traders! ⚡️ We've got a new Venom trading competition for you on KuCoin, powered by Origami Tech.
🟩 Platform: KuCoin
📅 Dates: 22 May 12:00 UTC - 5 Jun 12:00 UTC
⏳ Waitlist opens: 21 May 12:00 UTC
💰 Prize pool: 187,000 $VENOM
This is a Grid League event, which means that it is based on volume: 📈 the more you trade, the higher your rank, the bigger your share of the winnings.
👉 Get started here: https://app.origami.tech/competitions/143
Venom Foundation is launching a major protocol upgrade: an automated Fee Burning mechanism for $VENOM.
Starting soon, 50% of all transaction fees will be permanently burned at the protocol level in a transparent, automatic, and irreversible process.
⚡️ Key Benefits
• Creates continuous deflationary pressure on $VENOM supply
• Turns network usage directly into token scarcity
• Builds a strong, sustainable economic model
• The more the network grows, the more tokens are burned
🧩 This mechanism works seamlessly with Venom’s dynamic sharding, combining elite scalability with sound tokenomics.
Long-term holders, developers, and enterprises all stand to benefit from increased scarcity and healthier economics as adoption rises.
The team is finalizing implementation and audits. 🔜 Full details and timeline coming soon.