Distribution
The Very network will issue 10 billion in total, distributed as follows
Last updated
The Very network will issue 10 billion in total, distributed as follows
Last updated
Layer Node Rewards (2 billion VERY) These rewards are distributed to validators participating in the proof of node for the Layer1 Very Mainnet.
Verychat Referral Rewards (900 million VERY) This allocation is used to increase the user base and expand the ecosystem of Verychat, Very Network's flagship dApp.
Verychat Fruit Rewards (1 billion VERY) Distributed to increase retention and strengthen the ecosystem within Verychat.
Channel Subscription Rewards (500 million VERY) This is the amount distributed to activate channels and expand the ecosystem of Verychat, the killer dApp on the Berry Network.
Staking Rewards (500 million VERY) Allocated to liquidity providers (LPs) like VerySwap to support the expansion of the Verychat channel ecosystem and the broader Very Network ecosystem.
Marketing Rewards (200 million VERY) Used for promoting Very Network and Verychat.
Distributed to support dApps within the Very Network ecosystem. Rather than just distributing, this allocation includes VERY spent by advertisers that is redirected back to the "Finance/Ecosystem" fund, used continually for ecosystem expansion or burned to maintain the value of VERY.
Allocation for investors is intended to partner with VCs and others to lead Very Network towards a better environment.
Necessary for managing spreads on CEX exchanges, included in the circulation but does not actually increase liquidity.
Used for incentives such as hiring and retaining dedicated team members and advisors, crucial for the success of the Very Network ecosystem.
