COMMUNITY COMPOUND

VeNodes
3 min readFeb 22, 2022

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In this article, we will go more in-depth concerning nodes, compounding strategies, and future tokenomics. It is our goal to launch a sustainable VeChainThor powered NFT project that is not dependent on hype, and that will function as a durable and lucrative reward system supported by a strong community.

Future Potential Node Portfolio

The careful selection of nodes and the diversification of a node portfolio is what makes a NaaS project successful. We started the idea of VeNodes based on our developer’s knowledge, passion, and experience regarding nodes.

Therefore, we feel capable of separating the wheat from the chaff. By investigating the true potential of existing and upcoming nodes we will continuously reshape our portfolio goals. Of course, this will be done together with the community via votings, node chats, and AMAs.

Here is a list of nodes that have struck our attention. Note: the crypto/NFT market, in general, is constantly changing. Trend-watching combined with our adaptive powers is a must to guarantee the best possible strategy.

LIST OF POTENTIAL NODES

  • Strong
  • GALA (games, music)
  • HELIUM
  • FLUX
  • DAG
  • HBAR
  • FTM

But also projects like Hive investments, THOR financial, Diamond Dash, and many more are on our radar. We aim to educate our community about all of the potential nodes so that our investment motives will remain transparent and clear.

Compounding Strategy

This is where the magic happens. A successful compounding strategy will allow any NaaS project to soar. Compounding means nothing more than re-using rewards with the goal to generate rewards over rewards. Albert Einstein once called compound interest the “8th wonder of the world”.

We share a passion to find and set up the best possible compounding strategies. Every month we will share our compound ideas with the community. Voting will then follow to decide on how the community rewards will be distributed.

“Which nodes should we add to our community portfolio?”
“How much of the rewards should we give back to the community?”
“What other investment opportunities should we investigate?”

These are the typical questions that we will answer as a community.

Future Tokenomics

Monthly node rewards will be spent according to the following graph:

  • 85% will be used according to the results of the monthly community voting. Possible outcomes are (but are not limited to): a 0–100% reinvestment in nodes combined with a 0–100% distribution to VeNodes holders.
  • 10% will be used to cover all the company expenses.
  • 5% will be gifted in $VET to one lucky VeNodes NFT holder.

What’s Next?

We will keep giving you weekly updates regarding the progression of VeNodes. Make sure to stay up to date by following our Twitter account.
More information about our actual NFT, community-building, giveaways, and protocols will be announced soon.

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