Blockchain technology continues to evolve at a rapid pace, with the
Ethereum network being the cornerstone of the movement. One of the key barriers to entry for decentralized protocols to exceed the use-case of existing centralized structures is the speed and costs (known as ‘gas’) involved upon transactions on the Ethereum Blockchain. This is where Matic Network (now known as Polygon) turns the tables.
Vanilla Network partner with Matic (Polygon) Network: Solving the gas problem.
Vanilla Network has recently partnered with Polygon Network, the market leading layer-2 solution for the Ethereum network. …
Community Powered Betting House: Head-to-Head bets and Pool bets releasing January, 2021
Overview: Decentralised betting
The Vanilla Network team are in the final stages of releasing their head to head, and pool betting decentralised application (dApp). This allows users to participate in peer-to-peer betting on anything ranging from Sports, Politics, Cryptocurrency Price Predictions and much more.
The user decides the odds, allowing the user to become the house away from the centralised system which aims to profit from its players by significant investment in risk management strategies. …
Chocolate and Strawberry Staking pools; launching 24th December 2020!
In addition to our inaugural Vanilla Staking pool, comes the release of the novel Chocolate and Strawberry staking pools!
Our Vanilla pool was designed to benefit long term stakeholders who participate in the ecosystem via dividends received from any transaction occurred on the platform. The Chocolate and Strawberry staking pools, equally are to reward long term stakeholders however “guarantees” a fixed and known return, and those wanting to increase their net ownership of the Vanilla token whilst supply continues to burn.
(1) There will be X number of ‘seats’…
AIRDROP FOR STAKEHOLDERS
To celebrate our CoinMarketCap and CoinGecko listing, as well as burning 5% of our total supply within a week of listing; we’ll be staking the community fund.
This will result in a significant burn that will be rewarded to all current stakeholders. Please note, all future rewards generated from the community fund will be returned to our stakeholders and / or used for future initiatives such as partnerships, new exchanges or the upgrading of our DApps- as requested by the community.
Thanks for the continued support, our staking option pools and betting DApps will be released in the new next few weeks.
Kindly note, we have listened to feedback from our various focus groups. A decision has been made to rename and redeploy our unlisted token as $VNLA.
In addition, this has allowed us to:
(1) Make improvements to our smart contracts, including gas optimisation and;
(2) Allow for a unique compounding feature in our vanilla staking pool.
(3) improve the marketability of the $VNLA token ticker on our official twitter address.
As a result, we have redeployed our token as $VNLA to take advantage of these opportunities which will allow for our platform to thrive.
Investors do not have to do anything, other than adding the new token address to their Metamask wallet:
New address: 0xb97faf860045483e0c7f08c56acb31333084a988
Kindly note that the old address: 0xe0e2ef42664a3e6783e734c1e625a3abf9b19939 is now obsolete and not longer in use.
Any questions, or help required please contact one of the team in the telegram community.
BRIDGING BETTING & DEFI
Vanilla Network comes with a true deflationary ERC-20 token. It aims to build a suite of different staking and betting decentralized applications (DApps), catering to a wider audience of betting enthusiasts and those who are interested in staking to generate consistent long term rewards.
Traditionally, companies have been releasing tokens with a certain burn rate, creating a scarcity in the supply side, and calling it a ‘deflationary token.’ However, the mechanics of a deflationary token model go well beyond just the concept of ‘scarcity.’
There is one important element that many companies with a deflationary token…
Please note, the swap process from MYX to VANILLA is only supported by the Metamask wallet. This can either be via the mobile application on both Android or iOS, or can be added as extension to your desktop browser. Browsers such as Chrome, Brave and Firefox tend to be the most adaptive.
Please see the following steps to successfully complete the swap:
There are a ton of people out there who are interested in embarking on a foray into the blockchain and cryptocurrency world. However, it has become increasingly difficult for them to participate as a result of the fast evolving nature of blockchain technology and its frontrunner product - cryptocurrency. If current dynamics in the space continues, we may end up learning about new offerings every month in the coming years.
It is in the light of the above that on the night Vanilla was conceived, what the founders unanimously agreed was that the project will be simplified to the extent…
Vanila network is a legacy project and creator of the deflationary staking and betting token - Vanilla with the ticker, VNLA.