Vyvo Smart Chain Network is a Layer 1 Ethereum-compatible blockchain network. It is the latest blockchain framework that aims to ensure data security and decentralization through hybrid Proof-of-Stake (PoS) and Proof-of-Sensing (PoSe) validation protocols.
Vyvo Coin ($VSC) is the native cryptocurrency of Vyvo Smart Chain Network. It is used for various purposes within the ecosystem, including staking and rewarding users for contributions.
The Vyvo Coin (VSC) to Vyvo Data Credit (VDC) relationship is based on burn-and-mint equilibrium. This relationship’s intent is to allow for a supply of VSC to respond to Data purchase trends such that, when equilibrium is reached, the amount of VSC that currently exists remains static month-to-month. The amount of VDC produced by burning VSC will fluctuate based on the USD price of VSC.
