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Venom Foundation Official
@VenomFoundationOfficial
03.04.2025 18:15
Strategic vesting extension proposal approved

The second major Venom Network DAO proposal has been voted on and approved by a majority of the community!

�� Total voting results
�� For: 22,105,949
�� Against: 33,873
Total number of voters: 5,789

�� What this approval means
With the approval of this proposal, the vesting period for Venom tokens has been extended for a full calendar year:
�� From March 25, 2025 → March 25, 2026.

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 was raised to accomplish a number of objectives:

⏳ Provide an adequate time frame for necessary development phases

�� Establish production-ready banking integration protocols

��️ Implement comprehensive security and compliance frameworks

⚡ Develop instant blockchain settlement infrastructure

�� Check out the full details here: https://dao.venom.network/governance/proposals/2

Thank you for voting and keep your eyes peeled for new proposals! ��
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