The network has a maximum supply of 8 billion tokens, with approximately 22% allocated to the community and 28% to the broader ecosystem to incentivize long-term growth.
Users pay "gas" in VENOM to execute transactions. Staking VENOM in "DePools" secures the network via a Proof-of-Stake (PoS) mechanism, rewarding participants with passive income. WIB3X - Venom
At its core, Venom is designed for massive throughput, capable of handling over 100,000 transactions per second (TPS) with sub-3-second finality. This is achieved through several key innovations: The network has a maximum supply of 8
The serves as the lifeblood of this infrastructure, acting as the primary utility for transaction fees, staking, and governance. At its core, Venom is designed for massive
Venom is notably the first Layer-1 blockchain to be licensed by the Abu Dhabi Global Market (ADGM), providing a legal framework that appeals to governments and financial institutions.
The Architecture of Adoption: An Essay on the Venom Blockchain ($VENOM)