This article will discuss the VANA testnet airdrop, which will soon be listed on Binance. Its Total circulating supply is 120M. The Total Supply for the Community is 66.9%, and 25.1% is Floating. This Token’s Total market cap is around $100M, which means the Price Prediction is between $0.8 and $1.
VANA Overview:
VANA is an open Decentralized Protocol for the Community. It unlocks data in new Digital assets in the Global Economy.
$VANA network is an Earned Value Management (EVM) layer-1-based token to restore and control personal data transactions at particular and mutual levels. In an era in which new projects attract People and consume their data, VANA ensures that people can benefit from the data they use.
$VANA Tokenomics should divide all users who participate in this project, VANA aims to send all tokens to their members who use data in it.
$VANA Total Supply (120M) Divided into Community and others.
| Category | Â |
| Ticker | $VANA |
| Total Supply | 120,000,000 |
| % to Community | 66.9% |
| Float | 25.1% |
| Token Standard | Vana L1: Native $VANA\ Wrapped Version as ERC-20 on Ethereum |
Token Utility:
$VANA is an aboriginal token on the Vana Network that powers the ecosystem and supports secure and decentralized data transactions. $VANA plays an important role in the Network’s multi-token Ecosystem following the given below cases:
Network Security:
Validators stake $VANA to the secure Blockchain, and they receive some rewards from it after staking. However, in phase 1 of the $VANA network, all layer 1 members receive rewards according to $VANA investment.
Transactions Fee:
$VANA is used to pay for all network transactions, data-related, smart contracts, and DataDAOs.
DataDAOs Staking:
Validators stake $VANA in DataDAOs and earn valuable data capital in the ecosystem. Staked $VANA also determines the top 16 DataDAOs that are eligible to earn passive rewards for their community and stakers.
Trading Pair:
$VANA will be employed by all primary trading pairs issued by the DataDAOs, consistent exchanges, and across the ecosystem.
Supply and Distribution:
$VANA total supply 120M tokens, distributed as follows:
Token Distribution
| Category | Allocation | %Supply released at TGE | Lock-up Months | Unlock Months | Fully Unlocked Months |
|---|---|---|---|---|---|
| Core Contributors | 18.8% | 0.00% | 12 | 48 | 60 |
| Community | 44.0% | 20.3% | 0 | 36 | 36 |
| Investors | 14.2% | 0.00% | 12 | 36 | 48 |
| Ecosystem | 22.9% | 4.8% | 0 | 48 | 48 |
$VANA Listing Exchanges:
$VANA listing on many exchanges but it used Binance for best community profit. $VANA is Listing on Binance because of their back supporter Binance Lab. It’s listed on this exchanges:
Binance, Bybit, Bitget, Gate.io, Bitmart, Lbank and Xt.
Phases:
Phase – 1: Build Data Liquidity (0-6 months)
Phase – 2: Accelerate AI Innovation and Applications (6-12 months)
Phase 3: Decentralization and key (12-18 months)
Phase 4: Network Expansion (18-24 months)
Investors:
Early supporters and investors get their rewards in 4 years. It means 1-year cliff plus and 3 years.
Governance:
$VANA investors participate in the Governance of the VANA Network and propose key settlements.
At Genisis, VANA responsible steward of the token Treasury.
Data Token Ecosystem:
The VANA Network supports the DataDAO ecosystem their issuing its tokens tied to the specific database.
Core Contributors:
The team has worked tirelessly to help bring Vana from concept to reality and will continue to provide support for the evolution of the protocol. All tokens dispensed as part of the Core Contributors allocation are subject to a 5-year vest (1-year cliff and 4-year unlock).
VANA Mainnet:
| Parameter | Value |
| Network Name | Vana Mainnet |
| RPC Endpoint | https://rpc.vana.org Rate limited and not for production systems |
| Chain ID | 1480 |
| Currency Symbol | VANA |
| Block Explorer | https://vanascan.io |
Moksha Testnet:
| Parameter | Value |
| Network Name | Vana Moksha Mainnet |
| RPC Endpoint | https://rpc.moksha.vana.org |
| Chain ID | 14800 |
| Currency Symbol | VANA |
| Block Explorer | https://moksha.vanascan.io |