VNDC Staking: Paying 6% interest annually for $TOMO holders on VNDC Wallet

VNDC Staking: Paying 6% interest annually for $TOMO holders on VNDC Wallet

As previously announced, after the successful implementation of MasterNode on the TomoChain platform, VNDC will share the earnings for users thanks to increasing Staking Daily profits for TOMO holders on VNDC Wallet.

Specifically, when holding at least 100 TOMO at 0:00 AM every day, customers will receive a Staking Daily reward up to 0.0165% per day (equivalent to ~ 6% annually). This Staking reward comes from the fact that VNDC has been deploying the MasterNodes of VNDC on TomoChain, this reward on VNDC is much better than many platforms when staking TOMO (which is up to only 5% per year).

In addition, business partners’ commission for TOMO will increase to 0.008% per day, equivalent to ~ 3% per year for the total TOMO assets of all the partner’s downline (user introduced by the partner or user initiatively chooses a business partner to be a broker).

Introduction to TomoChain

TomoChain is a scalable blockchain powered via Proof-of-Stake Voting consensus and used commercially by companies globally.

TomoChain’s mission is to accelerate the onboarding of millions of users by empowering today’s applications with technology that masks the friction of Blockchain, all while retaining its underlying benefits.

TomoChain’s technology and a collection of key products focusing on decentralized finance (DeFi) can handle:

  • Fast transactions with almost zero transaction fees: the capacity for processing 2000 transactions per second (TPS), 2-second block time, and Ethereum virtual machine (EVM) compatibility.
  • Fundamental protocols and features are designed to meet the needs of speed, privacy, applicability, liquidity, all fully integrated on a single platform.

 

Matthew A dreamer, an adventure hunter whose life goal is to create big products that help life better. Now, I am building VNDC's products with a dream to become an open financial system for Vietnamese people in the world.