explicitClick to confirm you are 18+

VENA NETWORK - Vena Liquidity Network

cryptonews123Oct 24, 2018, 5:40:52 PM
thumb_upthumb_downmore_vert



Hello to all lovers of cryptocurrencies and good projects. As we know, the world of the internet and technology is growing more and more, and the advance of cryptocurrencies is not far behind. This time I present the VENA NETWORK project, a cryptomoneda that I am sure will give something to talk about. I really think it's a good project and I know you'll like it. More details below:


About Vena Network

The main role of the Vena node network is to promote the liquidity of Vena Network, Vena node can use Vena SDK to customize and provide users with comprehensive transaction services including but not limited to lending, asset transactions, credit evaluation, contract plug-in transaction, etc., and earn profit by collecting fees


Qualification

Certified Vena Nodes need to have qualification as well as experience in micro-loan operation and abide by the laws, regulations, and policies of the place where they operate


Guarantee

Certified Vena nodes shall deposit VENA Token as a guarantee according to a certain percentage in the Vena Foundation


High Liquidity

Certified Vena nodes can put orders into shared liquidity pool, Vena nodes can share orders and earn fees by promoting transactions, and improve liquidity of transaction network by economic incentive of profit sharing


Safety

Digital assets of users are kept in their wallets or locked in smart contract. Vena nodes do not hold digital assets of users, thus avoiding the moral hazard of platform running away. At the same time, it also greatly reduces the cost of safety required for asset deposit for nodes


Juror Application

To join the Jury of Vena Network, it is needed to firstly submit an application to Vena DAO and provide proof of identity. After the application is approved, it is needed to participate in the online training and assessment of the Vena Jury


Arbitration

The full set of arbitration software runs on the infrastructure built by Ethereum and IPFS. Through a simple user interface, the jurors can easily receive the evidence submitted by both parties and arbitrate


Economic Incentive and Guarantee Deposit

In order to motivate the jurors to exercise the jury power properly, the jurors shall deposit a certain amount of VENA Token in Vena DAO


Exit Mechanism

An exit mechanism will be initiated when the circumstances occur during the contract term as follows: A. Jurors volunteer to exit B. Get fined more than 5 times during the contract term C. Vena DAO Committee determines that the juror has obvious misconduct (such as conspiracy to commit fraud)


Jury Network

Jury network is applied to situations where smart contract is unable to deal with and it will submit results to smart contract.


Token Distribution Plan

The total amount of VENA Token issuance is 1 billion. And the tokens for teams, advisors, private sale, crowdfunding sale, foundation, and incentive pool will be distributed by smart contracts as follows:





If you want more information about this project and you want to obtain information about technical specifications and other interesting information, we can only encourage you to read a detailed report with which you can get an idea of ​​the size of the project and its possible expansion and applications. We invite you to visit the WHITEPAPER and get in touch with us through the Telegram group. Do not miss this great opportunity that this great team offers you.



ROADMAP




Team

CEO: Ching Zhu

CTO: Jeremy Lan

Operation Director: May Du

CSO: Yuanfei Zhu

Bussiness Director: Zed Zhao

Product Director: Yoki Wang

Overseas Market Manager: Amira Zhou


Advisors

Benjamin Gu

Yang Zhao

Yongchao Zhai



Join our team and buy your TOKENS VenaNetwork and enjoy the benefits offered by the most advantageous platform in the market. Do not waste any more time and join our Telegram group so that you can communicate with us and clarify any questions you may have. Do not miss this great opportunity offered by the VenaNetwork project.

Take advantage of the available bonuses from the early stages of pre-sale. (ICO). Visit our WEBSITE so you can find out more about the benefits of this great project.



To find more relevant details from the VenaNetwork project, please follow a number of sources for the following references:


WEBSITE: http://vena.network/en

WHITEPAPER: http://whitepaper-en.vena.network/

FACEBOOK: https://www.facebook.com/Vena-Network-207271413455484/

TWITTER: https://twitter.com/VenaProtocol

TELEGRAM: https://t.me/vena_network


Bitcointalk username: Infobtc

Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=1720639

Myetherwallet: 0x5cB42C674c1971DB7701A845e9A0c6AAe156d597