Very Network Whitepaper
English
English
  • Overview
  • Payment Innovation & Vision
  • Verychat
    • Invite Rewards
    • Mining Rewards
    • Channels Reward
    • Channels
    • Group Chat
    • On-device Ai
    • KYC
  • Tokenomics
    • Distribution
    • Distributing $VERY
    • Ad Rewards & Burning
    • Channel staking
  • Advertising system
    • Main Ad
    • Channel Ads
    • Very AdSence
  • Very Ecosystem
    • Grant policies
    • List of ecosystem dApps
  • Mainnet(Layer1)
    • Node Reward Policy
    • Node-driven(Cloud)
    • Node-driven(macOS)
    • Node-driven(Windows)
  • Fastnet(Layer2)
  • Roadmap
  • Team
  • Disclaimer
  • Linktree
Powered by GitBook
On this page
  1. Mainnet(Layer1)

Node Reward Policy

Describes the node reward policy for the Very mainnet.

The Very Mainnet, a core contributor to the maintenance of the Very Network, is provided with the following reward policy:

Total Distributed Amount: 20% (2 billion VERY)

  • Basic Rewards

    • Node NFT holders receive the following rewards simply for holding the NFT:

      Formula: 864,000 VERY per day / Number of sold (distributed) Node NFTs * Number of Node NFTs I hold

  • Node Proofing Rewards

    • Validators actually participating in node proofing receive an additional 100% of the basic quantity.

  • Referral Rewards

    • If you encourage node purchases through your Verychat ID, you receive an additional reward of 5% per Node NFT, up to a maximum of 100% (self-referral possible, 100% applies when one person buys 20 Node NFTs).

  • Advertising Rewards

    • Node NFT holders continuously receive 10% of the total VERY paid for main and community advertising as ecosystem rewards.

      Formula: Total paid VERY * 0.1 / Number of sold (distributed) Node NFTs * Number of Node NFTs I hold

This comprehensive reward policy incentivizes both the acquisition and active participation of Node NFT holders within the Very Network ecosystem.

PreviousMainnet(Layer1)NextNode-driven(Cloud)

Last updated 1 year ago