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Summary of Viper Protocol
Key Points
- Viper Protocol is a cross-chain and multi-product DeFi protocol on the Harmony Blockchain.
- It’s part of VenomDAO, launching initiatives on emerging EVM- and Ethereum-tooling compatible blockchains.
- VIPER is the native governance and revenue generating token.
Token Information
- Hard cap: 500,000,000 tokens
- Circulating supply: around 100,000,000
- Emission schedule: rapidly decreasing until March 2023
Purchase Information
- VIPER can be purchased
Introducing Viper Protocol: Revolutionizing DeFi
Introducing Viper Protocol (VIPER): A Revolutionary DeFi Solution
Viper Protocol is a pioneering, cross-chain DeFi protocol, anchored on the Harmony Blockchain, and boasting a diverse array of products.
The protocol is an integral component of VenomDAO, a decentralized autonomous organization (DAO) dedicated to spearheading multiple cross-chain initiatives on innovative and emerging EVM- and Ethereum-tooling compatible blockchains, including Harmony, Binance Smart Chain, and Fantom, among others.
VIPER is the indigenous token that serves a dual purpose, facilitating governance and generating revenue.
- Comprehensive governance for the Viper exchange and decentralized exchange (DEX), as well as all decentralized finance (DeFi) products built on the Harmony blockchain ecosystem.
- A revenue accrual mechanism that enables the earning of a proportionate share of DEX trading fees through the innovative ViperPit revenue sharing framework.
- Collateralization for future product offerings, including algorithmic stablecoins and/or synthetic assets.
The Circulating Supply of VIPER Coins: A Closer Look
The Viper protocol was launched on March 8th, 2021, on the Harmony blockchain. The token boasts a hard cap of 500,000,000 tokens, with a current circulating supply of approximately 100,000,000, accompanied by a rapidly decreasing emission schedule slated to conclude in March 2023.
Acquiring Viper Protocol (VIPER): A Comprehensive Guide
Viper Protocol (VIPER) can be acquired directly from viper.exchange, the native decentralized exchange (DEX) of Viper itself.