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 $VENOM
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We Need Your Vote for Proposal 003
There is a live proposal on Venom DAO to migrate the network to a next-generation protocol with:
β’ 150,000 TPS
β’ Sub-second finality
β’ Advanced dynamic sharding
β’ Improved PoS consensus
β’ Full backward compatibility
π Vote on the proposal and receive 7,777 XP: https://t.co/ffmwsqGJmw
π Venom Migration to Next-Generation Protocol π
We have some big news, Venom Community.
The Venom DAO has submitted VIP-003: Migration to the Next-Generation Network Architecture, a proposal that, if passed, will see Venom move to a new, next-gen architecture.
After a full year of rigorous testnet validation, the new protocol is ready for mainnet.
β‘οΈ What the upgrade brings:
β’ 150,000 TPS
β’ Sub-second finality
β’ Advanced dynamic sharding
β’ Improved PoS consensus
β’ Full backward compatibility
π Key Migration Details:
β’ 1:1 token migration ($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.
@Venom_network_ The 2x rewards on VenomStake making stakers the biggest winners in stage 4 is the alignment between holding and participating done right
@VenomFoundation@origamitech_ KuCoin providing the venue while Origami Tech runs the mechanics while Venom funds the pool is the three way setup that delivers
π New Venom x @origamitech_ Comp on KuCoin with 187,000 $VENOM Prize Pool π
π Dates: 22 May 12:00 UTC - 5 Jun 12:00 UTC
β³ Waitlist opens: 21 May 12:00 UTC
The more you trade, the higher your rank, the bigger your share of the winnings! π°
π Get started here: https://t.co/hcehfJoOtR
Good luck! π
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Make a move before the rates change! π