๐ Venom Migration to Next-Generation Protocol ๐
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.
โก๏ธ What the upgrade brings:
โข 150,000 TPS
โข Sub-second finality
โข Advanced dynamic sharding
โข Improved PoS consensus
โข Full backward compatibility
๐ Key Migration Details:
โข 1:1 token migration ($VENOM โ new $VENOM)
โข No changes to vesting or token supply
โข One-way migration via official swap portal
โข Old mainnet will remain operational for 6 months after launch
โข All smart contracts, addresses, and products will continue working without modification
This upgrade is essential for Venom to become true settlement-grade infrastructure.
โ Any Questions?
Leave them in the comments and we will put together an FAQ answering everything.
๐ Check out the full proposal here: https://t.co/Up1DT0nay3
It's time for Venom to reach its full potential.