Web3.World DEX on Venom Testnet 🐍

Web3.World is the first decentralized exchange (DEX) to launch on the Venom blockchain Testnet.

Users can swap and farm tokens, participate in liquidity pools (with rewards), use a boost calculator, and monitor DAO indicators.

The fee for token swaps will be 0.3% of the transaction amount, and 0.15% for stablecoin swaps. Users who add liquidity to the platform can receive swap commissions as a reward for liquidity providers.

To work with DEX, you need to:
🛑Connect Venom Wallet
🛑Have test tokens VENOM

If the wallet is not created:
🛑Download and install the Venom Wallet
🛑Save the seed phrase and password
🛑Get VENOM test tokens

💡 To get the first test tokens, connect your Twitter account to the Venom website and subscribe to the Venom Foundation. You can then continue to complete tasks (such as those from Gravix and Qamon), earning new test tokens.

#venom #dex #news #post

Venom introduced VenomBurn 🔥

Go-to burning platform is now live on Venom testnet.

How to test it?

1️⃣Visit https://testnet.venomburn.com and connect Venom Wallet
2️⃣Explore available dApps and select the dApp you want to support and amount of tokens you want to burn
3️⃣Confirm via your Venom Wallet
4️⃣Track achievements and burned amount in Burn Your Venom tab

How this functionality will work on the mainnet?

1️⃣Get rewards — NFT, new tokens and achievements
2️⃣Get into the whitelists of projects
3️⃣Get early access to tokens
4️⃣Support your favorite projects

🔗 Find out more on venom.network

#venom #testnet #burn #post

How to stake VENOM tokens? 📊

Staking is the process of delegating assets to a validator and assigning them to a network to keep it running. Depending on the amount of assets delegated, stakers receive proportional rewards.

The Venom test network has also launched VenomStake, a platform designed to make the steaking process accessible to a wider audience.

Current platform stats:

⏺Average APY: 35%
⏺Active stakers: 973K
⏺Staked: 17M VENOMs

To start staking tokens:
▶️Click «Connect Wallet»
▶️Enter the number of VENOM
▶️Click «Stake» to send tokens
▶️Enter your wallet password to sign

After completing the steps, your VENOM tokens will be sent to staking as wrapped stVENOM tokens. The exchange rate at the moment is 1 VENOM = 0.813 stVENOM.

📈 All rewards received are added to the Venom/stVENOM pool, so the price of stVENOM is constantly increasing. You can always exchange them back for VENOM tokens + stVENOM rewards.

⬇️ To take the tokens from the staking, go to the «Unstake» tab, specify the number of tokens and click the Unstake button, signing the transaction by entering your wallet password.

#venom #staking #guide #post

Venom Blockchain use cases 🐍

Venom is an advanced blockchain technology that addresses the challenges of the digital age by offering a multichain architecture and innovative features.

With a focus on scalability, transparency and interoperability, the Venom blockchain looks like an attractive and promising platform for use across industries.

We have previously covered possible use cases of Venom in real market conditions (1, 2). Now we want to talk about it in a bit more detail:

➖1️⃣ Increasing the efficiency of trade finance

The trade finance industry faces inefficiencies due to manual processes and the need for secure document handling.

Venom Blockchain's combination of public and private workchains solves these problems.

🔵Private chains will protect sensitive data, securing trade finance transactions with sensitive information.

🔵Public chains will provide transparency and verification, helping trading partners trust each other and reducing fraud risks.

🔵Cross-chain communication will ensure seamless data exchange, increasing efficiency and reducing costs for transactions such as trade finance lending and international payments.

➖2️⃣ Mechanisms for Proof of Reserves

Proof of Reserves (PoR) is crucial for verifying crypto companies' assets.

Venom Blockchain's combination of public and private chains addresses these issues.

🔵The private blockchains will provide a controlled environment for managing assets such as Central Bank Digital Currencies (CBDCs), ensuring compliance and privacy.

🔵The public co-currencies will provide transparent verification of assets, increasing trust between stakeholders.

🔵This approach will foster transparency and trust in the cryptocurrency community, especially after incidents like the FTX crash in 2022.

Overall, Venom Blockchain's architectural diversity will allow companies to balance compliance, data privacy and transparency, promoting efficiency and trust across sectors.

🔗 You will find more details in this article.

#venom #usecase #post

OneArt — another project in Venom Testnet 🐍

OneArt is the first self-custodial wallet that supports EVM-based blockchains and Venom in one app, available for both Android and iOS.

🔷The wallet has the usual features: buying and selling assets through the app interface, sending and receiving tokens, trading tokens on an exchange, trading and storing NFTs, using Web3-dApps.

🔷The project has a native token 1ART, which can be staked, farmed, sent to liquidity pools or traded through DEX swaps.

✉️ Blockchains supported include Ethereum, Binance Smart Chain, Fantom, Polygon, and now Venom.

The Venom website already has new tasks to get tokens and NFTs related to the added wallet. We told you about how to do the tasks earlier here.

#venom #oneart #news #post

Venom crosschain token exchange 🔃

Like the ecosystem of any major blockchain, Venom has its own bridge called Venom Bridge.

It is a simple and practical tool for handling cross-network transactions. Currently, the bridge supports the following networks:

🔷Fantom Opera (FTM)
🔷Venom Testnet (TVENOM)
🔷Binance Smart Chain (ETH, BNB, TUSDT)

In addition, YOSHI is supported — the native token of YoshiExchange, the exchange and the payment system.

➡️ The bridge interface allows you to connect two wallets in different networks, then initiate a new transfer or view the history of transfers made.

💬 Recall, that all Venom products are currently deployed in a test network for testing purposes. The Venom blockchain does not have a mainnet yet, and the VENOM token is not for sale.

#venom #bridge #post

New product on the Venom testnet 🐍

Venom invites to test the new product — Valicit Marketplace.

Valicit Marketplace is a one stop shop for both original vendors and resellers where users and event organizers can verify the ownership of tickets at any time using blockchain.

Valicit helps to complete control over the secondary market ensures that only authorized people have access to the event.

Tokenized tickets can be safely resold, providing new revenue streams to stakeholders.

🔗 Join Venom testnet now and try to buy a ticket to the first event

#venom #testnet #valicit #tickets #post

Segmint — a new project on the testnet 🐍

The list of projects launched on the Venom testnet will be expanded in the near future, with the Segment pixel platform.

Segmint is not just a pixel space — it's a canvas for digital expression.

Unlock an unique blockchain bulletin board: advertise your business, showcase art, or express freely.

🔗 Soon on the Venom testnet

#venom #testnet #segmint #post

Everscale Products: Qamon 📬

Qamon is a mail service based on Everscale that provides anonymous, secure, cheap, and fast message transmission between users.

At the moment, Qamon supports two networks: Everscale and Venom. To use the service, you need to connect either an EVER Wallet or a Venom Wallet. Once connected, you can send letters (which are transactions from your wallet to the recipient's wallet with encrypted information) and receive them.

The service also supports English and Korean languages.

#qamon #info #ever #venom #post

In the Venom testnet, 62 million accounts have already been created 🐍

Over the past month, several projects have been successfully deployed on the network: VenomBurn, Valicit Marketplace and Segmint.

⚙️ The testnet is being served by 35 active validators, and the total supply of test tokens VENOM currently stands at 7.3 billion.

Since the network's launch, the following has been created/sent:

➕Accounts: 62.3 million
➕Messages: 551 million
➕Transactions: 492 million

🔎 You can track the current state of the testnet in the explorer. We are waiting for the developers to announce the mainnet launch!

#venom #testnet #summary #post

Launch of EVERPLAY on Venom Testnet 🎮

The newest project launched on Venom Testnet is EVERPLAY — a gaming platform where gamers and streamers can earn cryptocurrency and NFT rewards by playing their favorite games.

As part of the launch, you will be able to complete EVERPLAY test tasks on the testnet and participate in the Venom tournament series on the platform.

Click here to earn a collectible Venom Testnet NFT 🔥

#venom #everplay #ever #testnet #news

Free tickets to premium tournaments 🎮

In honor of the launch in the Venom testnet, the EVERPLAY gaming platform hands up 10,000 tickets to the premium tournaments!

Everyone who joins the EVERPLAY Discord server (Announcements) will get a chance to access premium tournaments for free.

Stay tuned until September 11th!

#venom #everplay #giveaway #post

Venom — Green Blockchain 🐍

In the 21st Century, we stand at one of the most complicated crossroads in the history of humanity — rapid technological advancements countered by the deteriorating health of our planet. "The Road to Net Zero: How Venom Blockchain Bolsters Sustainability Efforts in the UAE" is a new article from Venom Foundation.

☀️ Goal — Zero Emissions

Venom Foundation's business strategy is driven by a zero-emission policy through collaboration with the UAE Ministry of Climate Change and Environment. The goal is to develop a national carbon trading system built on Venom blockchain. This will enable the UAE to move closer to its target of achieving zero carbon emissions by 2050.

🔅 About Carbon Credits

Within the carbon credit system, a limit is set on the total amount of greenhouse gases that can be emitted by individual companies. Each company gets a fixed amount of carbon credits, which can be bought and sold on the carbon market. Companies that exceed their allocated emissions would have to buy more carbon credits, making business operations costly. Companies that emit less can sell their excess carbon credits for financial value

↔️ Blockchain — The Best Solution

One major issue is the lack of standardized methodologies for measuring and verifying emissions reductions. Blockchain provides a transparent digital ledger that securely records transactions, automatic verification, and issuance of credits through smart contracts. With the cross-chain protocol of Venom, the UAE can trade carbon credits globally and support other countries in their emission reduction efforts.

🔗 Jump to the article

#venom #post

Threaded Solidity: How to write smart contracts for TVM-compatible blockchains ↗️

An article on writing smart contracts for for TVM-compatible blockchains has been published on the Broxus blog. Thanks to this guide, it will become easier for new external developers to meet Everscale and Venom smart contracts and start writing them themselves.

Smart contract files on the Everscale and Venom networks use the .tsol extension, which stands for Threaded Solidity, which differentiates asynchronous smart contracts from regular synchronous contracts on Solidity. A special Solidity code compiler was written into TVM machine instructions.

The testing of smart contracts is carried out using the Locklift framework. For further interaction with smart contracts, programmers should use the Everscale Inpage Provider — an SDK with a set of APIs for interacting with the Everscale and Venom blockchains.

Particularities of Threaded Solidity:
• smart contract code is executed on the Threaded Virtual Machine, which works with its own data structure or tree of cells
• these networks operate in an asynchronous manner
• all actions on the network are interactions between smart contracts via internal messages

The article provides detailed information for the developer: about cells, slices, builders in TVM, about the TVM namespace, about external and internal, incoming and outgoing messages, about authorization of external messages, about gas calculation, about smart contract deployment methods, etc.

🔗 Jump to the article

#ever #venom #broxus #guide #dev #post

What's happening in the Venom test network 🤔

Currently, there is active updating of projects running on the Venom network. For example, on September 20th, Venom Bridge became available again.

In addition, a message from the CEO of the Venom Foundation, Louis Tsu, was published on the Venom Discord, thanking the participants of the testnet for their support. Mention is also made of the Venom mainnet, but the exact launch dates of the network are unknown.

Meanwhile, in the testnet, 81,363,224 accounts have already been created. At the beginning of September, the number reached 62 million.

Let's keep an eye on the updates!

#venom #testnet #info #post

Chainspot project launches on the Venom testnet 🐍

Chainspot is a major hub for cross-chain solutions, providing the tools and information necessary for the most efficient use of blockchain technology.

Chainspot supports 114 bridges connecting 130 networks. On the platform, you can find information about the bridges, the networks they support, currencies, TVL, and more.

Now, this project is operating on the Venom testnet, where, by the way, over 94 million accounts have already been created!

#venom #testnet #chainspot #news #post

Venom testnet: results of the fifth month 🐍

Venom testnet has been developing for five months now and is approaching the desired mainnet. In honor of this, an article was published on Venom Medium, detailing the work done on the testnet: "Every step is a strategic move that brings us closer to realising our vision — providing the infrastructure for global Web3 applications and onboarding the next billion users."

Four new dApps have been introduced in the ecosystem: Everplay, Segmint, Valicit, and Chainspot. In addition, the Venom Hub initiative has been launched on the Venom testnet, allowing projects to seek personal consultation from Venom team experts. Sounds cool!

The Venom test network is growing rapidly in numbers. Over 94 million accounts and more than a million wallets have been created on the network, over 656 million transactions have been conducted, and over 17 million NFTs have been released.

Want to learn more? Read the article 📰

#venom #testnet #results #post

New project launch on testnet 🐍

Introducing!

Ventory — an NFT Marketplace exclusively for entertaining games. The platform provides a launchpad, GameHub, quests, and much more.

High-level trading capabilities: users have access to NFT lending, renting, and staking.

🔗 Experience Ventory today.

#venom #testnet #post

New marketplace on Venom — VenomART 🚀

VenomART, the first fully-fledged NFT marketplace in the ecosystem, has been launched on the Venom testnet. The marketplace features over 55 NFT collections and more than 313 800 minted NFTs.

You can access the website by connecting your Venom wallet browser extension to your browser or mobile app.

#venom #testnet #nft #launch #news #post

Mainnet: there is no fixed date yet 🐍

CEO Venom Foundation, Christopher Louis Tsu shared the current state with the community:

"Special hello to Venom Family. Everybody is asking me, when the mainnet? And the answer is there is no fixed date yet. We’re working very hard, as soon as we get some news, you will be the first to know. Now the things are going more than fine.
The blockchain (the testnet) is running like a swiss clock.

You may have seen me writing about Aссount Abstraction (AA). This is very important for Finasial institutions. They need to express complicated financial products. And through AA this can be achieved. This is one of the superpowers that we have in Venom Network.

Check out the latest information at my Twitter account."

#venom #testnet #post