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Venom Foundation Official
@VenomFoundationOfficial
26.03.2025 17:12
��Strategic vesting extension proposed on Venom Network DAO ��

The launch of the new Venom Network DAO has opened the door for community members to propose network changes and put those proposals up for votes. ��️

Recently, the Venom Network DAO has recieved governance proposal VIP-002, which would extend the vesting period a full calendar year.

Proposed vesting extension:
�� Extend token vesting schedules by 12 months: From March 25, 2025 → March 25, 2026.

⚖️ What This Means
This extension applies to all token categories with vesting schedules, which would stimulate responsible ecosystem development and long-term value creation.

�� Proposal objectives
The proposal has been raised to accomplish a number of objectives:

-Providing an adequate time frame for necessary development phases
-Establishing production-ready banking integration protocols
-Implementing comprehensive security and compliance frameworks
-Developing instant blockchain settlement infrastructure

�� Your opinion matters
This is a significant proposal that, if enacted, would change Venom Network tokenomics. Head to https://dao.venom.network/governance/proposals/2 to cast your vote.

�� Join the Discussion
Participate in community discussions about this and other proposals on our Discord: https://discord.gg/venomfoundation
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