π’ Stage 5 of Season 6 to Start on June 19 π’
Venom is currently migrating to the new protocol approved by the community. As a result, we have moved the start date of Stage 5 of Season 6 of Venom Quests to π June 19th.
β XP on New Protocol
All of the XP you have earned on the legacy network, including bonuses, will be moved to the new one.
Thank you for your continued support!
π We are currently hard at work making Venom the ideal network for both end users and heavy-load platforms!
β Migration Vote Completed β
Dear Venom Community,
The voting on the proposal for migration to the new next-generation protocol has officially ended.
Results
π’ Votes for: 23,793,857
β Votes against: 0
π³οΈ The proposal has passed! https://t.co/Up1DT0mCIv
This means Venom is moving to a significantly upgraded network with higher performance, better scalability, and improved user experience.
π In the coming week we will be publishing a guide on how to transfer your tokens to the new network along with an FAQ covering all of your questions.
Welcome to the new era of Venom! π
π’ Venom X Origami Tech Competition on KuCoin Extended π’
π Ends: June 6, 12:00 UTC
π Prize Pool: 187,000 $VENOM
Trade more, rank higher, win bigger!
π There is still time to join and win your share of the prize pool: https://t.co/cRu3f1wOeE
@VenomFoundation The fact that all products continue working without modification during migration is the developer experience that builds long term ecosystem loyalty
π Venom Migration to Next-Generation Protocol π
We have some big news, Venom Community.
The Venom DAO has submitted VIP-003: Migration to the Next-Generation Network Architecture, a proposal that, if passed, will see Venom move to a new, next-gen architecture.
After a full year of rigorous testnet validation, the new protocol is ready for mainnet.
β‘οΈ What the upgrade brings:
β’ 150,000 TPS
β’ Sub-second finality
β’ Advanced dynamic sharding
β’ Improved PoS consensus
β’ Full backward compatibility
π Key Migration Details:
β’ 1:1 token migration ($VENOM β new $VENOM)
β’ No changes to vesting or token supply
β’ One-way migration via official swap portal
β’ Old mainnet will remain operational for 6 months after launch
β’ All smart contracts, addresses, and products will continue working without modification
This upgrade is essential for Venom to become true settlement-grade infrastructure.
β Any Questions?
Leave them in the comments and we will put together an FAQ answering everything.
π Check out the full proposal here: https://t.co/Up1DT0nay3
It's time for Venom to reach its full potential.
π₯ Stage 4 of Venom Quests Season 6 is live! π₯
We've got more opportunities for you to earn and climb up the leaderboards π
π Stake on VenomStake for 2x the rewards
β¨ Plus a bunch more interesting tasks
π Get started https://t.co/ZX3rwb5din
π₯ Venom Network Launches Big Fee Burning Upgrade π₯
50% of all transaction fees will be permanently burned at the protocol level. This creates continuous deflationary pressure on $VENOM: the more the network is used, the more tokens are removed from circulation.
Long-term holders win as adoption grows. π Implementation + timeline coming soon.
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