Vidulum (VDL) Joins DEFI — Get VDL on Osmosis Dex
Vidulum has started 2022 with a bang as VDL is now available on the Osmosis Dex and has joined the Cosmos ecosystem!
That means that VDL is available to buy or swap at https://app.osmosis.zone/ in self custodial fashion! You can also contribute $VDL and $OSMO to the liquidity pool and earn swap fees.
In the fall of 2021, Vidulum announced that there would be a chain swap from proof of work to delegated proof of stake. Executing this transition has opened many doors for the Vidulum Community. You can learn more about the details of the blockchain swap to dpos consensus here.
VDL Tokenomics
At the time of writing this article the tokenomics for VDL are as follows:
Max Supply = ∞
Total / Circulating Supply = ~17M VDL
Development Wallet / VRS = ~2.8M VDL
The development wallet for VDL was originally generated during the genesis block of the proof of work chain and was 2 million units of VDL. During chain swap, this fund was carried over.
The Vidulum Development Wallet is specially earmarked for development and project growth and follows a release schedule.
The Vidulum Reward System (VRS) is used to power the in-app V-Staking System, which is designed to reward holders of certain assets with VDL. In the coming months there will be changes to the structure of the Vidulum Reward System to decentralize the functionality and make it more accessible to all projects listed on Vidulum App.
For the most up to date and accurate information about the total and circulating supply please visit the Vidulum Blockchain Explorer. The data is also available at Coin Gecko.
Click here and learn more about the Vidulum Blockchain.
Want to keep reading? See the whole article at: https://vidulum.app/blog/2022/01/11/what-is-vidulum/
Join the community on discord and stay up to date with the latest changes happening at Vidulum https://discord.gg/hne7Ccq