V.SYSTEMS Staking

The individual reward depends on the Block Reward, Block Time and Total Staked.

Every block one Supernode is randomly selected whereas 1 staked coin counts as one “lottery ticket”. The selected Supernode has the right to create a new block and broadcast it to the network. He then receives the block reward and the fees of all transactions successfully included in this block.

Delegator rewards depend on how much the Supernodes share with their supporters

In our Staking Calculator you can play with the above mentioned metrics to understand the dynamics and create all kinds of reward scenarios.

Coin holders can lease their VSYS coins to any Supernode candidate through the leasing function of the V Systems official wallet. They keep full control of private keys and are not required to run nodes.

The payout frequency depends on the Supernode. They pay out either daily, weekly or monthly.

The leading architect and innovator behind V Systems is Sunny King. He already wrote the PeerCoin whitepaper together with Scott Nadal in 2012 and led the project to become the first ever Proof of Stake Blockchain in the world. Sunny King is now leading the team of over 30+ developers based in Hongkong, Silicon Valley and New York. Scott Nadal is now the CTO of V Systems.

VSYS Coins are safe to delegate to a Supernode. There is no risk or lock-up period.

V Systems conducted a private sale in Q1 2018, where 35.88% was allocated to the Contributors (vested over 12 month).

21% was reserved for the team (vested over 60 month) and 43.12% was given to Ecosystem, Enterprise Partners and Developers, who are now building the project.

fund, enterprises partners, developers who are now developing the projects

The Price of the Private Token Sale was 1BTC = 100,000 VSYS.

The V Systems Mainnnet was then launched on 27.11.2018.

In March 2019 V Systems arranged another small public IEO public sale on the ZB Launchpad, where 21,000,000 VSYS were sold for 0.0265 USD (which is at current prices around ROI x4).

V Systems is a native Blockchain Database and decentralized app Platform aiming to create a new digital economy. It facilitates Smart Contracts, Sidechains, user-friendly development tools and the Supernode Proof of Stake Consensus.

Validators operate V Systems Nodes and the 15 with the most votes get the rights to validate transactions and create new blocks.

It requires a professional hardware setup and you need to have sufficient funds or votes.