Token

Vision

Standard

Rewards

<img width="768" height="433" src="https://static.news.bitcoin.com/wp-content/uploads/2024/10/photo_2024-10-08-20-12-46-768x433.jpeg" class="attachment-medium_large size-medium_large wp-post-image" alt="" decoding="async" loading="lazy" style="float:left; margin:0 15px 15px 0;" srcset="https://static.news.bitcoin.com/wp-content/uploads/2024/10/photo_2024-10-08-20-12-46-300x169.jpeg 300w, https://static.news.bitcoin.com/wp-content/uploads/2024/10/photo_2024-10-08-20-12-46-768x433.jpeg 768w, https://static.news.bitcoin.com/wp-content/uploads/2024/10/photo_2024-10-08-20-12-46-190x107.jpeg 190w, https://static.news.bitcoin.com/wp-content/uploads/2024/10/photo_2024-10-08-20-12-46-380x214.jpeg 380w, https://static.news.bitcoin.com/wp-content/uploads/2024/10/photo_2024-10-08-20-12-46-760x428.jpeg 760w, https://static.news.bitcoin.com/wp-content/uploads/2024/10/photo_2024-10-08-20-12-46.jpeg 870w" sizes="(max-width: 768px) 100vw, 768px">
PRESS RELEASE. Voi Network is introducing a fresh approach to token distribution and ecosystem growth in the L1 blockchain space. With its innovative token vesting and lock-up model, Voi Network is prioritizing long-term sustainability and community-driven growth, setting a new standard for the industry.
Encouraging Long-Term Commitment Through Vesting and Lock-Up Periods
Voi Network’s token distribution model is designed to align the interests of all stakeholders and foster a committed ecosystem. The project features an impressive 20-year vesting schedule, with 75% of the total token supply allocated to the community through earned incentives. This prolonged vesting period demonstrates Voi Network’s commitment to building a genuinely decentralized and sustainable ecosystem.
In addition to the vesting schedule, Voi Network introduces lock-up periods for token holders, incentivizing long-term participation. Token holders can choose to lock up their tokens for periods ranging from 1 to 18 months, with longer lock-up durations offering significantly higher rewards through the staking program.
A Departure from Conventional Token Distribution Models
Voi Network’s approach to token distribution differs significantly from the typical model employed by many blockchain projects. While most projects prioritize short-term gains and rapid token releases, Voi Network focuses on long-term stability and organic growth.
By implementing extended vesting and lock-up periods, Voi Network reduces the risk of sudden token dumps and price volatility. This approach ensures that token holders are invested in the project’s long-term success, promoting a more stable and sustainable ecosystem.
The Voi Network community has enthusiastically supported the project’s long-term vision, with a significant number of members opting for extended lock-up periods. Recent data shows that 55% of Voi token holders have chosen to lock up their tokens for the maximum duration of 5 years, or 60 months, followed by a 12-month vesting period. 
This strong support for longer lock-up periods reflects the community’s confidence in Voi Network’s potential and their commitment to contributing to its long-term success. By aligning their interests with the project’s vision, community members are actively shaping the future of Voi Network.
Staking Program: Doubling Rewards for Early Participants
Voi Network’s staking program offers generous rewards to token holders, further incentivizing long-term commitment. The program allows participants to earn a share of the 140 million $VOI tokens allocated for rewards, valued at $2.1 million based on the listing price.
One of the most attractive features of the staking program is the opportunity for early participants to significantly boost their token holdings. The bonus rewards are determined by the timing and duration of the lockup. In the first week, users can receive a 100% bonus if they lock up their tokens for 18 months. The bonus percentage decreases in subsequent weeks, with a 80% bonus in the second week, a 60% bonus in the third week, and a 40% bonus in the fourth week.
Moreover, users who lock up their tokens for the maximum duration of 18 months can earn an impressive 100% bonus, effectively doubling their staked tokens. This means that an individual staking 1,000 $VOI tokens for 18 months would receive an additional 1,000 $VOI tokens as a bonus.
It’s important to note that the 100% bonus applies only to lockups made during the first week, which ends on Monday, October 7th at 00:00:00 GMT. Users who participate in the staking program during this limited time frame can maximize their rewards and significantly increase their $VOI holdings.
The full bonus rewards are airdropped to users on the 28th of October, allowing them to maximize their block rewards on the 30th when that begins. So while the tokens are locked up and vesting, users can still earn a yield on them through staking.
This powerful incentive mechanism not only rewards long-term commitment but also encourages active participation and a strong sense of ownership within the Voi Network ecosystem, which drives the new standard for all the Layer-1 networks in the space.
Aligning with Voi Network’s Vision of True Decentralization
Voi Network’s token distribution and staking models are perfectly aligned with its vision of creating a truly decentralized ecosystem. By empowering the community through long-term vesting, lock-up periods, and generous staking rewards, Voi Network ensures that the majority of tokens are held by active participants who are committed to the project’s growth and success.
This decentralized distribution of tokens prevents the concentration of power in the hands of a few early investors or whales. Instead, it promotes a more equitable and democratic ecosystem, where the community has a genuine say in the project’s direction and governance.
Building a Sustainable Future for L1 Blockchains
With its innovative approach to token distribution, long-term vesting, and staking rewards, Voi Network is establishing a new standard for sustainable growth in the L1 blockchain space. By prioritizing long-term stability and community engagement, Voi Network is well-positioned to attract a loyal and dedicated community that shares its vision for a decentralized future.
As more investors and developers recognize the value of Voi Network’s sustainable growth model, the project is most likely to make a lasting impact on the blockchain space. With a solid foundation built on long-term commitment and aligned incentives, Voi Network is ready to drive the future of decentralized ecosystems.
To learn more about Voi Network, its token distribution model, and staking program, visit<a href="https://www.voi.network/" rel="noopener noreferrer nofollow"> https://www.voi.network/</a>.
About Voi Network Voi Network is a highly performant L1 blockchain that prioritizes sustainability, decentralization, and community-driven growth. With its innovative token distribution model, extended vesting periods, and rewarding staking program, Voi Network is setting a new standard for the future of blockchain ecosystems.
 
&nbsp;
&nbsp;
&nbsp;
&nbsp;
&nbsp;
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Voi Network: Setting a New Standard for Sustainable Growth in L1 Blockchains

Bitcoin.com News

Other articles published on Oct 21, 2024

Will XRP Price Surge As Elon Musk Mentions Ripple In Crypto Freedom Debate?

Unequal Justice? Comparing Sentences for Crypto Crimes

The Book of Maga: A Manifesto of Power, Faith, and Victory

What is the Latest Trending Blockchain Game "Off The Grid"?

Massive Whale Sells Profit on One Altcoin, Buys Two Different Altcoins Instead

Stripe Buys Stablecoin Platform Bridge in Record-Breaking $1.1B Deal: Report

Join our free newsletter for daily crypto updates!