VELZARIQ

Whitepaper — Version 1.0 · Testnet Edition

Published July 2026 · Official project document

VELZARIQ currently operates on BNB Testnet only. No Mainnet contract has been deployed, and there is no official sale or Mainnet trading link at this stage.

1. Overview

VELZARIQ is a fixed-supply digital token project using the symbol VLZQ. It is being developed through a careful, transparent process: local testing, public validation on BNB Testnet, independent security review, and a separate approval before any Mainnet deployment can be considered.

The project is designed around principles that anyone can understand and verify: transparent allocation, fixed supply, simple transfer rules, and future multisignature management. This document explains the project clearly; it is not a promise of profit or an announcement that trading has started.

2. Token identity

NameVELZARIQ
SymbolVLZQ
Target networkBNB Chain
Fixed supply222,222,222 VLZQ
Supply expansionDisabled; the fixed supply cannot be increased through a public mint function
Mainnet statusNot deployed and not available for trading

3. Allocation

Every allocation category is stated openly and totals the complete fixed supply. The figures below describe the approved structure; they do not mean that Mainnet distribution has been executed.

Community — 30%66,666,667 VLZQ
Liquidity — 20%44,444,444 VLZQ
Founder available allocation — 15%33,333,334 VLZQ
Founder locked allocation — 10%22,222,222 VLZQ
Reserve — 15%33,333,333 VLZQ
Partnerships — 10%22,222,222 VLZQ

The locked founder allocation is subject to a two-year lock under the candidate contract structure.

4. Tax and transfer rules

Buy tax0.5%
Sell tax0.5%
Wallet-to-wallet transfers0%
Supply changesNot possible through additional minting

5. Practical validation on BNB Testnet

New contractDeployed and its core data verified
VLZQ/tBNB pairCreated successfully
Testnet liquidity1,000,000 VLZQ with 0.02 tBNB
Buy testPassed; 0.5% tax verified
Sell testPassed; 0.5% tax verified
Result: Core functions were executed successfully in the Testnet environment. Test status is available on the official verification page.

6. Project Management & Security

The management plan calls for a multisignature treasury wallet to manage contract ownership and receive future fees. The wallet requires two out of three signatures, reducing reliance on any single person. It is currently unfunded and has not been assigned any authority over the VELZARIQ contract.

The candidate contract includes safeguards designed to reduce administrative mistakes, including two-step ownership and treasury changes and validation of trading pairs before approval.

The proposed liquidity policy calls for locking 100% of the initial liquidity tokens for two years, with no early unlock, after the locking provider has passed a security review.

7. Mainnet readiness path

Complete TestnetFinish transfer, treasury, and ownership-acceptance tests
Independent reviewAudit the contract and approve the final release candidate
Liquidity lockSelect and security-review the locking service
Launch reviewReview addresses, liquidity, links, and deployment settings
Final approvalNo Mainnet transaction without separate explicit approval

8. Risks and limitations

VELZARIQ is committed to clear communication about risk. Digital assets are high-risk and may be affected by liquidity, market volatility, software defects, phishing, network changes, or third-party services. Successful testing improves confidence in expected behavior, but it does not eliminate these risks.

This document is informational and is not financial, legal, or tax advice. It does not guarantee token value or future returns.

The VELZARIQ team will never request a private key, recovery phrase, or financial transfer through a private message.

9. Official channels