{"id":1337,"date":"2020-03-13T09:38:57","date_gmt":"2020-03-13T09:38:57","guid":{"rendered":"http:\/\/blog.mathwallet.org\/?p=1337"},"modified":"2021-07-14T05:23:09","modified_gmt":"2021-07-14T05:23:09","slug":"vpos-mining-pool-tutorial-1-math-vpos-mining-pool-guide","status":"publish","type":"post","link":"https:\/\/blog.mathwallet.org\/?p=1337","title":{"rendered":"MathVault (VPoS) Tutorial 1 \u2013 Beginner Guide"},"content":{"rendered":"\n<h2>What is MathVault (VPoS)?<\/h2>\n\n\n\n<p><a href=\"https:\/\/mathvault.org\/#\/\" target=\"_blank\" rel=\"noreferrer noopener\">MathVault<\/a> is a new kind of mining pool which support BTC \/ ETH \/ EOS \/ USDT-ERC20 and more tokens in the future.<span style=\"display: inline !important; float: none; background-color: #ffffff; color: #333333; font-family: 'Noto Serif',serif; font-size: 17px; font-style: normal; font-variant: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-decoration: none; text-indent: 0px; text-transform: none; -webkit-text-stroke-width: 0px; white-space: normal; word-spacing: 0px;\"> VPoS has characteristics of multi-currency and dual-engine.<\/span><\/p>\n\n\n\n<p class=\"_tgt transPara\"><span class=\"transSent\" data-group=\"1-0\">Multi-currency: VPOS supports mining in all currencies, initially we open to BTC, ETH, EOS, <span style=\"display: inline !important; float: none; background-color: #ffffff; color: #333333; cursor: text; font-family: 'Noto Serif',serif; font-size: 17px; font-style: normal; font-variant: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-decoration: none; text-indent: 0px; text-transform: none; -webkit-text-stroke-width: 0px; white-space: normal; word-spacing: 0px;\">USDT-ERC20<\/span>, other tokens will be gradually added in the mining pool in the future.<\/span><\/p>\n\n\n\n<p class=\"_tgt transPara\"><span class=\"transSent\" data-group=\"2-0\">Twin engines: take the example of depositing BTC into the mining pool. In addition to earning BTC interest, you can also earn MATH token.<\/span><\/p>\n\n\n\n<h2>What is MATH?<\/h2>\n\n\n\n<p class=\"_tgt transPara\">M<span class=\"transSent\" data-group=\"0-0\">ATH products include: MathWallet, VPoS pool, MATHDEX, MDS, MATH dApp Store, etc.<\/span>MathWallet is one of the leading blockchain wallets with nearly one million active users and the most support for public links<\/p>\n\n\n\n<p class=\"tgt\">Currently the public chains suported include BTC, ETH, EOS, TRON, Cosmos, Binance Chain, ONT, Polkadot Substrate, NEO, IRISnet, ChianX, EOSC, ENU, BOS, Telos, NAS, ESN, Kusama, Edgeware, Harmony, Ethereum Classic, TomoChain, Fibos, Worbli, Hashgard, 40 public chains and DAPP ecosystem.<\/p>\n\n\n\n<p class=\"tgt\">MathWallet investors include Fenbushi Capital, Danhua Capital, FundamentalLabs and other famous blockchain investment institutions.<\/p>\n\n\n\n<h2><strong>What is MATH mining power?<\/strong><\/h2>\n\n\n\n<p>The more you stake BTC \/ ETH \/ EOS \/ USDT-ERC20 to the pool, the higher your MATH mining power will be. And you will get more MATH tokens.<br>\nMATH Rewards = Staked Token * Mining Power of Staked Token \/ Total Mining Power * MATH Reward Pool<\/p>\n\n\n\n<h2 class=\"_tgt transPara\"><span class=\"transSent\" data-group=\"0-0\">Total MATH token and mining model<\/span><\/h2>\n\n\n\n<p class=\"_tgt transPara\"><span class=\"transSent\" data-group=\"2-0\">Total MATH token worth 28.57 million USD, which include:<\/span><\/p>\n\n\n\n<p class=\"_tgt transPara\"><span class=\"transSent\" data-group=\"3-0\">60% will be released by mining, halving every two years.<\/span><\/p>\n\n\n\n<p class=\"_tgt transPara\"><span class=\"transSent\" data-group=\"4-0\">30% will be issued to investment institutions, no lock-up requirements.<\/span><\/p>\n\n\n\n<p class=\"_tgt transPara\"><span class=\"transSent\" data-group=\"5-0\">10% will be distributed to the community through Lockdrop, digital asset insurance, etc.<\/span><\/p>\n\n\n\n<p class=\"_tgt transPara\"><span class=\"transSent\" data-group=\"7-0\">The detailed introduction to MATH can be viewed at:<\/span><\/p>\n\n\n\n<p class=\"_tgt transPara\"><a href=\"http:\/\/blog.mathwallet.org\/?p=1001\">MATH Token Introduction<\/a><\/p>\n\n\n\n<h2>How to get the MathVault (VPoS) rewards<\/h2>\n\n\n\n<p>They will be sent to the Math Cloud Wallet everyday.<br>\nCloud Wallet Tutorial:&nbsp;<a href=\"http:\/\/blog.mathwallet.org\/?p=974\">http:\/\/blog.mathwallet.org\/?p=974<\/a><\/p>\n\n\n\n<p><span class=\"transSent\" data-group=\"2-0\">Gained and mined MATH token will not be locked up.<\/span><\/p>\n\n\n\n<h2 class=\"_tgt transPara\"><span class=\"transSent\" data-group=\"3-0\">Does the mining pool break even?<\/span><\/h2>\n\n\n\n<p class=\"_tgt transPara\"><span class=\"transSent\" data-group=\"4-0\">It will preserve the prncipal but not interest, similar to Yu&#8217;e Bao at Alipay.<\/span><\/p>\n\n\n\n<h2 id=\"toc_4\">How to check the latest mining power?<\/h2>\n\n\n\n<p><a href=\"http:\/\/explorer.mathwallet.org\">http:\/\/explorer.mathwallet.org<\/a><\/p>\n\n\n\n<p class=\"_tgt transPara\"><span class=\"transSent\" data-group=\"7-0\">Mortgage MATH&#8217;s mining arithmetic<\/span><\/p>\n\n\n\n<p class=\"_tgt transPara\"><span class=\"transSent\" data-group=\"8-0\">Before the launch of the MATH main network, the mining power will be fixed at 1000, and will be adjusted according to the market price multiplied by a certain coefficient.<\/span><\/p>\n\n\n\n<h2 id=\"toc_5\">The mining power of MATH staking<\/h2>\n\n\n\n<p>Initially MATH mining power will be set to 1000 before the launch of Mainnet. And it will be adjusted by the MATH market price multiple coefficient after the launch.<\/p>\n\n\n\n<h2>How does a non-POS token earn revenue<\/h2>\n\n\n\n<p class=\"tgt\">It achieves stable returns through quantitative trading by working with well-known Trading institutions, such as Amber, AlphaOne, and other Trading partners of MATH.<\/p>\n\n\n\n<h2 id=\"toc_6\">How to join the MathVault (VPoS)?<\/h2>\n\n\n\n<p>Install MathWallet <a href=\"https:\/\/mathwallet.org\/\">https:\/\/mathwallet.org\/<\/a><br> Find the \u2018MathVault\u2019 in the DApps list.<\/p>\n\n\n\n<p>Cloud wallet instruction<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"MathTV-08A MATH VPOS Mining Guide for Cloud Wallet\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/pl8JHRDIq9E?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>HD Wallet instruction:<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"MathTV-08B MATH VPOS Mining Guide for HD Wallet\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/JKPU0U8WBuU?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<h2 class=\"_tgt transPara\"><span class=\"transSent\" data-group=\"0-0\">How to recharge to mining pool?<\/span><\/h2>\n\n\n\n<p class=\"_tgt transPara\"><span class=\"transSent\" data-group=\"1-0\">You can use the HD wallet to recharge directly, or you can first recharge to the cloud wallet and then transfer to the VPOS mining pool<\/span><\/p>\n\n\n\n<p class=\"_tgt transPara\"><span class=\"transSent\" data-group=\"2-0\">VPOS mining pool official opening time: 2019\/9\/26 12:00<\/span><\/p>\n\n\n\n<h2 id=\"toc_8\">What is VNode?<\/h2>\n\n\n\n<p>If you stake more than 100 MATH, you will be a VNode. VNode has 1.05~2 addition mining rate, and can get 1%~20% mining power from the invited users.<\/p>\n\n\n\n<p>Details: <a href=\"http:\/\/blog.mathwallet.net\/?p=2062\">http:\/\/blog.mathwallet.net\/?p=2062<\/a><\/p>\n\n\n\n<h2 class=\"_tgt transPara\"><span class=\"transSent\" data-group=\"0-0\">How to invite others to join MathVault (VPoS) and calculate the specific reward?<\/span><\/h2>\n\n\n\n<p class=\"_tgt transPara\"><span class=\"transSent\" data-group=\"1-0\">Enter the VPOS pool, click on [mstaking], you can get the invitation code and the invitation link<\/span><\/p>\n\n\n\n<p class=\"_tgt transPara\"><span class=\"transSent\" data-group=\"2-0\">Mortgage 100 MATH to become a VNode, according to the level of the super node, the super node can get 1~20% of the mining power of the invited user (except only inviting user to mortgage MATH).<\/span><\/p>\n\n\n\n<p class=\"_tgt transPara\"><span class=\"transSent\" data-group=\"3-0\">Invited by the steps: http:\/\/blog.mathwallet.net\/?<\/span><span class=\"transSent\" data-group=\"3-1\">P = 2292<\/span><\/p>\n\n\n\n<p class=\"_tgt transPara\"><span class=\"transSent\" data-group=\"4-0\">The relationship of&nbsp; VNode level and proportion, please see: http:\/\/blog.mathwallet.net\/?<\/span><span class=\"transSent\" data-group=\"4-1\">P = 2062<\/span><\/p>\n\n\n\n<h2 class=\"_tgt transPara\"><span class=\"transSent\" data-group=\"0-0\">Can the invitee get any reward?<\/span><\/h2>\n\n\n\n<p class=\"_tgt transPara\"><span class=\"transSent\" data-group=\"1-0\">Users invited to join the pool will receive a 2% mining power rewards.<\/span><\/p>\n\n\n\n<h2 class=\"_tgt transPara\"><span class=\"transSent\" data-group=\"2-0\">Is there a handling fee for redemption?<\/span><\/h2>\n\n\n\n<p class=\"_tgt transPara\"><span class=\"transSent\" data-group=\"3-0\">Redemption is free of charge.<\/span><\/p>\n\n\n\n<p class=\"_tgt transPara\"><span class=\"transSent\" data-group=\"4-0\">See the cloud wallet withdrawal fee: http:\/\/blog.mathwallet.net\/?<\/span><span class=\"transSent\" data-group=\"4-1\">P = 2283<\/span><\/p>\n\n\n\n<h2 class=\"_tgt transPara\"><span class=\"transSent\" data-group=\"5-0\">Do you support early redemption?<\/span><\/h2>\n\n\n\n<p class=\"_tgt transPara\"><span class=\"transSent\" data-group=\"6-0\">Redemption is not currently supported. <\/span><span class=\"transSent\" data-group=\"6-1\">As the product gradually matures, we will optimize the redemption time window and the function of paying penalty fee to redeem in advance.<\/span><\/p>\n\n\n\n<p class=\"_tgt transPara\"><strong><span class=\"transSent\" data-group=\"7-0\">At present, the waiting period for redemption of Math VPOS mining pool is 21 days.<\/span><\/strong><\/p>\n\n\n\n<h2 class=\"_tgt transPara\"><span class=\"transSent\" data-group=\"8-0\">The value of MATH&nbsp;<\/span><\/h2>\n\n\n\n<p class=\"_tgt transPara\"><span class=\"transSent\" data-group=\"9-0\">The value of MATH is as a handling fee for the one-stop-shop solution of Math digital finance, and VPOS mining is just one way for MATH to deliver.<\/span><\/p>\n\n\n\n<h2 class=\"_tgt transPara\"><span class=\"transSent\" data-group=\"12-0\">Partners of MathVault (VPoS)<\/span><\/h2>\n\n\n\n<p class=\"_tgt transPara\"><span class=\"transSent\" data-group=\"13-0\">MATH VPOS pool&#8217;s partners include prominent institutions: <span style=\"display: inline !important; float: none; background-color: #ffffff; color: #333333; cursor: text; font-family: 'Noto Serif',serif; font-size: 17px; font-style: normal; font-variant: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-decoration: none; text-indent: 0px; text-transform: none; -webkit-text-stroke-width: 0px; white-space: normal; word-spacing: 0px;\">Fenbushi Capital, Amber AI, FundamentalLabs.<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is MathVault (VPoS)? MathVault is a new kind of mining pool which support BTC \/ ETH \/ EOS \/ USDT-ERC20 and more tokens in the future. VPoS has characteristics of multi-currency and dual-engine. Multi-currency: VPOS supports mining in all currencies, initially we open to BTC, ETH, EOS, USDT-ERC20, other tokens will be gradually added [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"unlock_protocol_post_locks":""},"categories":[1],"tags":[31],"_links":{"self":[{"href":"https:\/\/blog.mathwallet.org\/index.php?rest_route=\/wp\/v2\/posts\/1337"}],"collection":[{"href":"https:\/\/blog.mathwallet.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.mathwallet.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.mathwallet.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.mathwallet.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1337"}],"version-history":[{"count":10,"href":"https:\/\/blog.mathwallet.org\/index.php?rest_route=\/wp\/v2\/posts\/1337\/revisions"}],"predecessor-version":[{"id":3166,"href":"https:\/\/blog.mathwallet.org\/index.php?rest_route=\/wp\/v2\/posts\/1337\/revisions\/3166"}],"wp:attachment":[{"href":"https:\/\/blog.mathwallet.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.mathwallet.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.mathwallet.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}