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:
dao.venom.network/governanceβ¦
It's time for Venom to reach its full potential.