GVNR, a deflationary token, is designed to enable universal governance and facilitate cross-chain interoperability, and is now available for trading on Coinstore.
Singapore, Aug. 10, 2025 — The development of cross-chain infrastructure has frequently encountered challenges such as vulnerabilities associated with bridges, centralization concerns, and liquidity fragmentation. GVNR aims to present a distinct solution by enabling permissionless, peer-to-peer management of digital assets across all linked blockchain networks. Conceived with core principles of modularity and security, GVNR functions as a general message-passing network rather than a standalone blockchain. This network allows smart contracts on one chain to manage assets on different chains, extending compatibility to non-smart contract networks like Bitcoin and XRP.
The $GVNR token serves as the foundational element of this ecosystem. Featuring a capped supply of 20 million and an assertive deflationary mechanism, GVNR is intended to be a rare, highly functional token used for governance, transaction fees, and facilitating node operations.
Token Overview
- Token name: GVNR
- Token symbol: GVNR
- Total supply: 20,000,000
What are the utilities of $GVNR?
The GVNR token ($GVNR) fulfills multiple essential functions within the network:
Payment for Network Access
To gain entry to the GVNR network, blockchain foundations are required to obtain $GVNR for the purpose of minting time-limited NFTs. These NFTs are denominated in USD, with payment executed in $GVNR.
Transaction Fee Routing
Although users pay transaction fees using their respective chain’s native gas tokens, these fees are redirected through the GVNR system. They are then converted into USDC, utilized to purchase $GVNR, and subsequently a portion is burned, thereby returning value to the token.
Deflation Through the Furnace Mechanism
Drawing inspiration from Ethereum’s EIP-1559, GVNR incorporates a mechanism called the “Furnace,” which automatically burns an incrementally larger percentage of protocol fees. This process begins with 25% in the first year and escalates to more than 90% in subsequent years.
Staking and Node Participation
Operation of GVNR relayer nodes necessitates staking $GVNR. Nodes that act honestly receive rewards in the form of protocol fees, whereas any malicious conduct may lead to the forfeiture of staked tokens through a process known as slashing.
Governance Rights
Holders of $GVNR exercise governance over the GVNR DAO LLC, a non-profit entity formally registered in the Marshall Islands. These token holders participate in voting on matters such as network enhancements, the distribution of fees, and the management of the DAO’s resources.
Ecosystem Overview
GVNR’s underlying architecture is designed to integrate the blockchain landscape rather than to supplant existing systems. Its core components are:
Universal Control Framework
Leveraging Lit Protocol’s decentralized Multi-Party Computation (MPC) and POKT Network’s decentralized Remote Procedure Call (RPC), GVNR facilitates the ability for any contract on a linked chain to manage assets or contracts on a separate chain, circumventing the need for centralized bridging solutions.
GVNR Nodes
These nodes function similarly to block explorers but additionally possess relayer functionalities. Their role involves monitoring state alterations and transmitting messages across various chains in a decentralized and trustless fashion.
MPC + RPC Security Layer
Multi-Party Computation (MPC) operations are secured within AMD’s SEV-SNP confidential hardware, supported by node redundancy and slashing protocols. Remote Procedure Call (RPC) communications are channeled via Grove and POKT infrastructure, guaranteeing continuous availability, data privacy, and decentralization.
JustPay MVP
This minimum viable product (MVP) provides a multichain payment layer, enabling NFT and Web3 platforms to process transactions using tokens from any blockchain. This feature removes the necessity for asset bridging or direct swaps.
Bitcoin Collateralized Stablecoins
GVNR’s framework facilitates the direct locking or transfer of Bitcoin to back decentralized stablecoins across other interconnected chains, thereby integrating previously inactive BTC liquidity into the decentralized finance (DeFi) ecosystem.
GVNR Official Media
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