FAQ
1. Is Vision Metaverse safe?
Vision adopts the VPoS mechanism to ensure the security of the chain. Proof of stake is a consensus mechanism used to verify new cryptocurrency transactions. With proof of stake, participants referred to as “validators” need to stake 5000 VS tokens in a smart contract on Vision. In exchange, they get a chance to validate new transactions and earn a reward. But if they improperly validate bad or fraudulent data, they will lose all of their stake as a penalty.
Based on DPoS, VPoS-blockchain counts with a voting system where stakeholders outsource their work to a third-party validator. In other words, they are able to vote for a few validators that will secure the network on their behalf. The voting power is proportional to the number of VS each user stakes. To sum up, VPoS can avoid Double Spending Attack and solve the problem of Nothing at Stake Attack simultaneously.
2. Where can VS be purchased now?
$VS BSC contract address: 0xcd76bc49a69bcdc5222d81c18d4a04dc8a387297 Vanswap PancakeSwap
3. How to get rewards through VS?
By pledging and voting, users share the high rewards from the validator they voted for. Validators get the rights and rewards for validating blocks by staking 5000 VS. The rewards collected by the validator are proportionally shared with their respective electors.
4. What’s the innovation of Vision’s token ecology lies in?
(1) Adjusted inflation rate in each Economy Cycle. (2) Permanent community promotion fund support with permanent developer fund support is available on Vision Network.
5. Details of Economy Cycle
The economy cycle will count the average pledge rate of the maintenance cycle to get the inflation rate of the next economy cycle. The first economy cycle is equal to 40 maintenance cycles, and each subsequent economy cycle is equal to 120 x maintenance cycle.
6. How long is the duration of pledge VS?
The pledge time is 35 days. If you have already pledged a part of VS, and then pledge more VS, the unlock time will be delayed by 35 days on the original basis.
7. Can staking rewards be reinvested?
You can receive rewards every few hours and combine them for even bigger returns on your bets.
8. Is the staking on the wallet, exchange or on the Vision platform?
You can stake on the Vscan website or on Vtimes App.
9. Social Media Links
If you have any other questions, welcome to join the communities for queries.
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