Crypto:
36638
Bitcoin:
$91.348
% 2.32
BTC Dominance:
%58.7
% 0.02
Market Cap:
$3.13 T
% 1.20
Fear & Greed:
28 / 100
Bitcoin:
$ 91.348
BTC Dominance:
% 58.7
Market Cap:
$3.13 T

What is WONUS (Wrapped ONUS)? How to Use ONUS Coin

onus chain wonus onus

ONUS Coin is the native token of ONUS Chain, used for network security, governance, and transaction fees. Wrapped ONUS (wONUS) is a token version that enables ONUS Coin to be used on Ethereum and other EVM-compatible chains. 1 wONUS always equals 1 ONUS. Users convert ONUS to wONUS for cross-chain transfers, DeFi applications, or interactions with smart contracts. 

Team & Founders

ONUS Chain is managed by the ONUS Foundation, consisting of experienced software developers and blockchain experts. The founders and core team have years of experience in blockchain and digital financial product development. The Vietnam-based ONUS app has over 3 million users. 

Investors & Key Partners

ONUS Chain is supported by various investors and strategic funds. Its ecosystem collaborates with platforms like Rice Wallet, which has over 1 million users. 

Project Concept

ONUS Chain aims to provide a user-friendly, low-cost, and high-performance Web3 and DeFi platform. ONUS Coin is designed to secure the network, enable governance, and provide low-fee transactions. 

Rice Wallet

Several blockchain projects and teams plan to migrate their existing projects to ONUS Chain. 

How the Project Works

ONUS Chain is built on BNB Application Sidechain (BAS) and uses the Proof of Stake Authority (PoSA) consensus mechanism. 

  • Fast, low-cost transactions 
  • Ability to run Ethereum smart contracts via EVM compatibility 
  • Modular architecture for easy developer integration 
  • wONUS serves as a bridge for using ONUS tokens on other chains; users convert ONUS to wONUS for DeFi protocols or Ethereum ecosystem usage 

Token Use Cases 

  • Network Security: Validator staking 
  • Governance: On-chain voting 
  • Transaction Fees: Transfers and smart contract operations 

Token Details 

  • Token Name: WONUS 
  • Total Supply: 95.65M wONUS 
  • Max Supply: 100M wONUS 
  • Circulating Supply: 95.65M wONUS 

What is wONUS?

wONUS is the wrapped version of ONUS Coin, enabling its use on Ethereum and other EVM-compatible chains. 

  • 1 wONUS = 1 ONUS 
  • Usable in DeFi applications and smart contracts 
  • Designed for cross-chain transfers and liquidity
  • wONUS allows ONUS token holders to use their tokens effectively across different blockchains while maintaining value. 

Token Distribution 

  • 33.06% ONUS Community 
  • 5.15% Strategic Investors & Funds 
  • 25.74% Ecosystem & Community Development 
  • 20.60% ONUS Foundation 
  • 10.30% Core Team 
  • 5.15% Advisors & Employees 

Ecosystem

ONUS Chain offers a complete Web3 & DeFi ecosystem with user-friendly wallets, staking systems, RPC-API, and EVM-compatible smart contracts. Rice Wallet and other partner applications ensure active usage. 

Features 

  • Fast Transactions: Deterministic confirmation 
  • Low Fees: Minimal gas cost 
  • EVM Compatibility: Run Ethereum-based DApps 
  • High Scalability: Up to 4000 TPS with PoSA 
  • Easy Deployment: Simple integration for developers 
  • Interoperability: Cross-chain bridging 

Roadmap 

  • 2022 Q3 (Phase 03): Bridge v1, testnet, beta launched 
  • 2022 Q4 (Phase 04): Multi-chain support, ONUS tools updated, token & NFT creation added 
  • 2023 Q1 (Phase 05): Staking and governance systems upgraded to v2 
  • 2023 Q2 (Phase 06): Validator count increased to 11; DAO voting system added 
  • 2023 Q3 (Phase 07): Faster transaction finality achieved 
  • 2023 Q4 (Phase 08): Layer-2 PoSA + ZK integration started 

Official Links 

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