VET Rewards Details

VET Staking Calculation and Rules:

1. VET staking rewards are calculated every Monday at 0:00 (GMT +8).
2. Staking rewards are distributed weekly every Monday between 0:00-2:00 (GMT +8) to users' Cloud Wallet accounts.
3. Staking rewards are in the form of VTHO.
4. Users that deposit VET into the staking wallet before a given Monday will not begin staking their deposit until the following Monday. In other words, if a user deposits VET on a given day, their staking rewards begin to accumulate on the following Monday at 0:00 (GMT +8) and they will receive their reward the Monday after that.
5. Staking reward = last Monday's deposit value*weekly return rate.
6. Weekly return rate is (annual return rate/365)*7

Participation Rules:

1. Minimum deposit to participate is at least 100 VET.
2. There is no transaction fee for transferring VET from your Cloud Wallet to the staking wallet.
3. There is a 50 VET transaction fee for every withdrawal from the staking wallet.