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Venom
About Venom
Venom ($VNM) is a hyper-deflationary ERC-20 token in the V.I.P.E.R ecosystem, rewarding and protecting holders. VNM is used in the V-dApp for staking and claiming rewards, with multipliers increasing over time. It was created by a team with expertise in project management, token marketing, smart contracts, community management, web and dApp development, and artwork.
Venom ($VNM) is a hyper-deflationary token with unique rewards and true burn mechanics. The token operates on the ERC-20 chain, and is an integral part of a strong, community-driven ecosystem. The token is part of an advanced system known as V.I.P.E.R (Venom Injections Plus Extra Rewards), developed by industry professionals, aimed at rewarding and protecting VNM token holders. The V.I.P.E.R system includes unique features to incentivize the community along with a gamification of the tokenomics for an element of fun within the Venom community.
The Venom token is primarily used within the Venom's ecosystem, specifically in the V-dApp. V-dApp staking (The Stake Pit) and V.I.P.E.R. multiplier rewards platform allow holders to stake and claim their VNM tokens. The V-dApp enables users to claim rewards and boost reward tiers over time, with multipliers increasing after 7, 14, and 21 days. The 'Stake Pit' additionally offers benefits for holders, such as the ability to receive rewards, plus a percentage APY and a sliding scale vesting period.