Once In a While I Get Super Excited About a Token.
I have been quietly accumulating VEN since early December. A friend of mine recommended that I buy some and it has been an amazing run but I believe we are just getting started. This video splices together all the major news announcements from VeChain over the last month.
VeChain is About to Undergo a Major Rebrand.
The new ticker symbol will be VET.
Watch This Video to Get an Understanding of What is Happening with VeChain and the Possibilities.
My Main Goal for VEN Was to Have Enough for a Node. Here are the Four Types.
Thrudheim Masternode THOR Power Generation Rate.
0.00042+(0.00015*200%) = 0.000720 THOR Power per VET a day or 0.2628 per Year;
An increase of +75.2% THOR Power Generation rate compared to Non-Node Holders, Authority Masternodes will have additional rewards;
The base 250,000 VET will amount to 65,700 THOR Power a year PLUS 30% of all THOR Power consumed by transactions on blockchain!
Mjolnir Masternode THOR Power Generation Rate.
0.00042+(0.00015*200%) = 0.000720 THOR Power per VET a day or 0.2628 Per Year;
An increase of +75.2% THOR Power Generation rate compared to None-Node Holders;
The base 150,000 VET will amount to 39,420 Thor Power a year!
Thunder Node THOR Power Generation Rate.
0.00042+(0.00015*150%) = 0.000645 THOR Power per VET a day or 0.23542 per Year.
An increase of +57.0% THOR Power Generation rate compared to None-Node Holders;
The base 50,000 will amount to 11,771 THOR Power a year!
Strength Node THOR Power Generation Rate.
0.00042+(0.00015*100%) = 0.000570 THOR Power per VET a day or 0.20805 per Year;
An increase of +38.7% THOR Power Generation rate compared to None-Node Holders;
The base 10,000 VET will amount to 2,080.50 THOR Power a year!
Possible Pay Scenarios Put Together by The Crypto Guy.
What I am Doing with VEN.
I have been accumulating but the price has risen above my max of 5000 sats. I have enough for a Strength node and was planning on getting a Thunder node but the price rose too far too fast for me. So unless the price drops considerably I will have to HODL with what I have.