Voucher Currency

VSC (Voucher (v) Currency) token contracts required for launch were initially deployed by Vow Limited.

When new vcurrency is required (when operation in a new territory/region begins) a new contract will need to be deployed and the contract owner updated to the address of the VOW snapshot. The VOW utility token holders then hold a network wide vote whether to register the vcurrency contract with the main VOW contract to integrate it into the system.

When a vcurrency needs to be decommissioned (in the case of hyperinflation for example) the VOW token holders will vote to remove the registration of a Vcurrency token. This removal vote should have a high quorum due to the obvious potential network disruption.