V SYSTEMS Announces Strategic Partnership with OKEx

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V Systems

3 min readAug 23, 2019

Embracing the New Normal of “Listing & Staking”

23 August — V SYSTEMS, a blockchain database project created by Sunny King, the inventor of Proof of Stake (PoS), announced today that its native cryptocurrency VSYS Coin will be listed on OKEx and available for trading on 27 August. Its staking and mining platform OK Pool has also joined V SYSTEMS as a supernode candidate to support the ecosystem construction.

OKEx is now the third largest exchange in the world on CoinMarketCap with more than US$1 billion daily trading volume. Its staking and mining arm OK Pool has recently topped the EOS Block Producer ranking. Now the exchange concentrates not only on trading but also on staking and mining.

Several top exchanges including Huobi and ZB have also launched staking services to encourage users’ long-term engagement. This new normal of “Listing & Staking” can further increase user retention and involvement — VSYS users can participate in governance and supernode cold minting more easily.

“We are encouraged by OKEx’s decision to list VSYS. The partnership offers great potential for proof of stake mining,” said Alex Yang, CEO of V SYSTEMS. “In the coming months, V SYSTEMS will further improve its liquidity through listing on more top exchanges and announce several major developments on the mainnet.”

Listing details are as follows:

Deposits: August 26 at 17:00(UTC+8)
Trading: August 27 at 17:00(UTC+8)
Withdrawal: August 28 at 17:00 (UTC+8)
Trading pairs：VSYS/USDT, VSYS/USDK

About V SYSTEMS

V SYSTEMS is a general-purpose blockchain database for decentralized applications. Led by Chief Architect Sunny King, the V SYSTEMS blockchain has implemented his new innovative consensus algorithm — Supernode Proof of Stake (SPoS). V SYSTEMS aims to deliver decentralized database cloud technology that is scalable and durable, with high finality, performance, and the highest resistance to 51% attacks.

The network is operated as a cloud platform that can support efficient and agile development of a vast variety of applications, including but not limited to decentralized finance applications (DeFi), entertainment, social media, tokenization, Dapp deployment, and many more.

About OKEx

OKEx is a world-leading digital asset exchange, providing advanced financial services to global traders by using blockchain technology. Founded in 2014, OKEx has gained millions of dollars worth of investments from Corporate Giants like VenturesLab (co-founded by Tim Draper), Ceyuan Ventures, Qianhe Capital Management, eLong Inc., Longling Capital (founded by the Chairman of Meitu) and Giant Network Group. OKEx is also one of the top digital asset exchanges in the world by trading volume, serving over 20 million customers in over 100 countries. Its BTC futures trade also has nearly $1.5B of volume daily and is widely recognized as the gold standard for the industry.

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