Starting from 08:00 UTC on March 25th, we officially list Venom (VENOM) on the ONUS application. Soon after VENOM is added, users can perform the following features:
- Off-chain transactions: Send and receive VENOM with other users in the ONUS network.
- Trade: Swap from VNDC or USDT to VENOM and vice versa.
About Venom
Developed by the Venom Foundation, Venom Network stands out as a unique layer-1 blockchain solution. It holds the distinction of being the first network overseen by the regulatory authority of ADGM, the Abu Dhabi Global Market.
Here’s what makes Venom Network stand out:
- Built for Scalability: Venom’s architecture is designed to handle a high volume of transactions, making it ideal for applications with heavy transaction loads.
- Security at the Forefront: A robust hybrid consensus mechanism combines Proof-of-Stake (PoS) and Proof-of-Work (PoW) to deliver exceptional security on the Venom Network.
- Seamless User Experience: The Venom team prioritizes user-friendliness with a clear and intuitive user interface, making it easy for anyone to interact with the platform.
- Bridging Blockchain Walls: Venom promotes interoperability, allowing smooth transfer of assets across various blockchain networks.
- Community Empowered: The Venom Network thrives on a strong community foundation, where community members actively participate in shaping the platform’s development.
The Venom Network offers a comprehensive suite of products including:
- Venom Wallet: A secure and user-friendly platform for managing digital assets.
- Venom Bridge: Facilitates seamless asset transfer between blockchains.
- Venom Scan: A blockchain explorer for transaction and data inspection.
- oasis.gallery: A platform focused on the world of digital collectibles.
- Web3.World: A gateway to explore the vast potential of Web3 technologies.
What is VENOM?
VENOM is a native coin of the Venom ecosystem, operating on Venom Network blockchain and can be used to:
- Payment of transaction fees on the Venom network.
- Participate in governance and voting.
- Delegate staking aims to protect the network.
Specifications
- Name: Venom
- Symbol: VENOM
- Platform: Venom Network
- Type: Utility, Governance
