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What Is Viper Protocol (VIPER)?
Viper Protocol is a cross-chain and multi-product DeFi protocol based on the Harmony Blockchain. It is a part of VenomDAO, a DAO launching multiple cross-chain initiatives on new and emerging EVM- and Ethereum-tooling compatible blockchains like Harmony, Binance Smart Chain, Fantom, etc. VIPER is the native governance and revenue-generating token used for:
- Governance for the Viper exchange/DEX and all DeFi products operating on the Harmony blockchain.
- A revenue accrual mechanism earning a share of DEX trading fees through the revenue-sharing ViperPit mechanism.
- Collateral for future products such as algorithmic stablecoins and/or synthetic assets.
How Many VIPER Coins Are There in Circulation?
The Viper protocol was launched on March 8th, 2021, on the Harmony blockchain. The token has a hard cap of 500,000,000 tokens, and the current circulating supply is around 100,000,000 with a rapidly decreasing emission schedule until March 2023.
Where Can I Buy Viper Protocol (VIPER)?
Viper Protocol (VIPER) can be purchased from viper.exchange, Viper's own native DEX.
Answers
What Is Viper Protocol (VIPER)?
Viper Protocol is a cross-chain and multi-product DeFi protocol based on the Harmony Blockchain. It is a part of VenomDAO, which launches multiple cross-chain initiatives on new and emerging EVM- and Ethereum-tooling compatible blockchains such as Harmony, Binance Smart Chain, Fantom, etc. VIPER is the native governance and revenue-generating token used for:
- Governing the Viper exchange/DEX and all DeFi products operating on the Harmony blockchain.
- Earning a share of DEX trading fees through the revenue-sharing ViperPit mechanism.
- Serving as collateral for future products like algorithmic stablecoins and synthetic assets.
How Many VIPER Coins Are There in Circulation?
The Viper protocol was launched on March 8th, 2021, on the Harmony blockchain. The token has a hard cap of 500,000,000 tokens, and the current circulating supply is approximately 100,000,000. The emission schedule is rapidly decreasing until March 2023.
Where Can I Buy Viper Protocol (VIPER)?
Viper Protocol (VIPER) can be purchased from viper.exchange, Viper's own native DEX.
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