Starting from 10:00 UTC on December 16, we officially list Vana (VANA) on the ONUS application:
- Off-chain transactions: Send and receive VANA with other users in the ONUS network.
- Trade: Swap from VNDC or USDT to VANA and vice versa.
Trade Vana (VANA) on ONUS:
About Vana
Vana is a distributed network for private, user-owned data, designed to enable user-owned AI. Users own, govern, and earn from the AI models they contribute to. Developers gain access to cross-platform data to power personalized applications and train frontier AI models.
How Vana works:
- Contribute Data: Users contribute data to DataDAOs. Contributions range from social media data to IoT and sensor data, all securely stored encrypted off-chain.
- Tokenize: Validated data is tokenized, enabling secure data usage across different decentralized applications, particularly for AI model development.
- Earn and Govern: Users gain governance rights in different DataDAOs, influencing decisions about data use and getting a share of profit when data is used.
What is VANA?
VANA is a native coin of the Vana ecosystem, operating on Vana blockchain, and can be used to:
- Validators stake VANA to secure the blockchain and receive staking rewards
- Pay for all network transactions
- Data contributors stake VANA to influence reward distribution mechanisms and align incentives for top DataDAOs
- VANA holders actively participate in the decentralized governance of the Vana Network, voting on proposals and influencing key decisions
Specifications
- Name: Vana
- Symbol: VANA
- Platform: Vana
- Type: Utility, Governance
- Total supply: 120,000,000 VANA
