Vulcan Blockchain Brand Ethos
We chose the name Vulcan which symbolizes the Roman god of fire and the forge which mirrors the important mechanisms of our blockchain. We think this will help our brand awareness and break down some of the complex ideas that our blockchain is built on.
Click here to view our Brand Style Guide.
Vulcan is fundamentally built on the desire to see Decentralized Finance (DeFi) implemented within all areas of the blockchain. Every project that is launched on Vulcan is instantly a DeFi protocol due to our core Auto-Rebasing technology it inherited from Vulcan’s native coin $VUL. Through our Fire Pit burn mechanism, we aim to see our community members rewarded for their passion and commitment. We thrive to be transparent in all areas and want to be a blockchain that is built for the community, by the community. Vulcan is also passionate about being environmentally focused as seen in our use of the Proof of Authority (PoA) consensus.
DeFi in All Areas
The Auto-Rebasing, Auto-Staking and Auto-Compounding technology of our blockchain allows projects to implement this mechanism into their own project from the very beginning. This gives them the choice to utilize DeFi tokenomics from the ground up. One example of this would be a gaming project where players stake $VUL and that player receives in-game benefits every time an epoch occurs.
The Fire Pit is Burning Up
We have implemented the burn mechanism to reduce the overall supply of coins keeping sustainability as a core focus. Constantly reducing circulating supply of $VUL is reflective of the volume of transactions that occur on the blockchain. What makes the Fire Pit different to a standard burn mechanism is that the Fire Pit is also Auto-Rebasing alongside all other wallets. This means that the balance of the Fire Pit increases every 15 minutes with each epoch, regardless of transaction volume.
Transparent Like Glass
Vulcan is committed to being transparent throughout all areas of the blockchain. We seek to keep our community up-to-date and informed on what is happening. To this end, Vulcan has implemented a DAO voting structure for all governance token holders to vote on Vulcan Improvement Proposals (VIPs).
Green Thumb
As opposed to traditional blockchains (e.g. Bitcoin) who use a Proof of Work (PoW) consensus protocol, Vulcan has elected to develop our blockchain based on a Proof of Authority (PoA) consensus. This will drastically reduce our carbon footprint and emissions, making us a greener, more ecological blockchain solution.
Official Links:
Official Website: https://www.vulcanblockchain.com/
Twitter: https://twitter.com/VulcanChain
Medium: https://vulcanchain.medium.com/
Discord: https://discord.gg/XfAXptqBAn
