1 November 2020 — Staking 2.0 went live in November 2019 with almost 50% of the dedicated IPX tokens having already been distributed to our community. With this initiative, token holders are able to earn IPX rewards from staking their VSYS coins. Even without running a node, they can support the robust growth of the V Systems ecosystem.
With the joint participation of our supernodes and users, more than 1.8 billion VSYS tokens have been staked, representing 30% of all VSYS in existence. As the first ecosystem project building on the V Systems mainnet, Tachyon has laid the foundation for our blooming ecosystem.
Enhance Staking Incentive
With Staking 2.0, Tachyon is committed to distributing 100,000,000 IPX (10% of the total IPX supply) in order to allow the VSYS community to join in fruitful collaboration with the team, and promote user engagement.
As of today, close to 50 million IPX tokens have been distributed, accounting for 50% of the IPX Staking 2.0 reward pool. In the last twelve months distribution of the staking 2.0 reward has boosted VSYS staking return significantly.
Ecosystem Expansion
In the future, Staking 2.0 will expand to more projects built in the VSYS ecosystem as our platform matures and more products are launched.
V Systems stakers will eventually get many different VSYS ecosystem project tokens through Staking 2.0, and our community will be able to share in the value created by our ecosystem projects.
“ An NFT-based mysterious prediction card game, Octopus, is launching soon. Limited supply of Octopus (OCT) tokens will also be allocated to the community via Staking 2.0. We are also assisting a gold token issuer with tokenization.” - Alex Yang, CEO of V Systems.
Staking 2.0 will support the ecosystem distribution of the following projects
- Octopus: Yield farming token to mint Non-Fungible-Token digital collectibles
- Gold Backed token with the notable issuer
- Decentralized Finance applications
Summary
Staking 2.0 allows ecosystem distribution of digital assets from innovative projects to encourage participation, enhance staking incentive, promote widespread adoption and distribution of digital assets. As mentioned above, close to 50% of IPX of the dedicated IPX tokens have already been distributed.
If you want to take part in our Staking 2.0 initiative and haven’t already done so, take action now!
Stay Connected
Remember to follow us on the below platforms to stay up-to-date with our latest updates and announcements.
Twitter: https://twitter.com/VSYSCoin
Telegram:https://t.me/VSYSOfficialGroup
Medium:https://medium.com/vsystems
YouTube: shorturl.at/mxX09
Reddit:https://www.reddit.com/r/V_SYSTEMS/
Github: https://github.com/virtualeconomy/v-systems
Other Useful Links
VSYS Official Website: https://www.v.systems
Supernode Ranklist: https://vsysrate.com/
VSYS Blockchain Explorer: https://explorer.v.systems/
