N4Q.org competes for VITE super node TOP25 - reward upgrade
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About the N4Q.org SuperNode
As the first batch of VITE nodes, N4Q has been running stably for more than 3 months. The original node name is YDnode. The super node ranks lower, and is now renamed to N4Q (full name N4Q.org), and is officially ready to compete for super nodes. Name (TOP25), welcome to VITE holders to vote for support.
Vote reward
Voting rewards (before entering TOP 25):
- 1 cycle per 1VITE (1 cycle = 1 day, less than 1 day) will receive 0.0005 VITE rewards, ie 50 VITE rewards per 100,000 votes.
Voting rewards (after entering TOP 25):
- Refer to the current SuperNode votes and 2.35 million votes to enter TOP25.
- 60% of the total daily revenue (by ticket reward + outbound reward) will be issued to the address that votes to support our node.ļ¼Note: The 500,000 VITE mortgaged by the N4Q node does not participate in the distribution of rewards, and the reward is issued only for voting addresses.ļ¼
- Estimated earnings: Calculated based on the current rewards, assuming a total of 2.4 million votes, the current daily rewards total approximately 2,500 VITEs, 60% of the total rewards are approximately 1500 VITE, 1500/2400000*100000 = 62.5 VITE. That is: 100,000 votes can get about 62.5 VITE per day (much higher than the official node).
Vote reward method:
- Voting rewards are automatically issued daily.
- Daily cycle from 12:13:14 to 12:13:14.
- The node voting ratio data is counted daily at 16:00, and the reward is automatically executed by the program around 16:05.
Vote Award Inquiry
- Check out awards at https://www.n4q.org.
Voting Extra Bonus VCP (Limited Time)
- Reward VCP in addition to voting rewards.
- Daily VITE Reward vs. VCP Reward 1:1, ie 50 VITE Rewards for the current period and an additional 50 VCP Rewards.
- The number of VCP awards is rounded to the nearest whole number with a decimal point. If the VCP reward is still less than 1 after the calculation, there is no VCP reward.
- The minimum unit of VCP Token is 1, and the decimal place is 0, that is, the lowest one is sent.
- A total of 1 million VCP awards will be sent from April 11, 2019, while stock lasts.
Cooperation Contact
- Email: [email protected]
Media
- N4Q node official Website: https://www.n4q.org
- N4Q node official Weibo: https://weibo.com/u/5065499718
- N4Q node official Twitter: https://twitter.com/N4Q_org
- N4Q node official Telegram: https://t.me/joinchat/E_3R3BbBt8FTgEgH4Cq4Wg
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ĀThe first edition of the reward rules post: https://forum.vite.net/topic/1307/n4q-org-competes-for-vite-super-node-top25
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The N4Q SBP 154th cycle voting award has been sent. There are currently 40 VITE addresses voting for N4Q. thanks for your support!
Reward distribution record:
Https://testnet.vite.net/account/vite_810a947e89dda3e6b3b0137d1cd7e049be4af6874852a83de6
Or check on the N4Q website:
Https://www.n4q.org/reward
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The N4Q SBP 155th cycle voting award has been sent. There are currently 53 VITE addresses voting for N4Q. The current number of VITE votes has reached 800,000. thanks for your support!
Reward distribution record:
Https://testnet.vite.net/account/vite_810a947e89dda3e6b3b0137d1cd7e049be4af6874852a83de6
Or check on the N4Q website:
Https://www.n4q.org/reward
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The N4Q SBP 156th cycle voting award has been sent (VITE rewards and VCP awards). There are currently 60 VITE addresses voting for N4Q.
In addition, as of 3 pm today, the number of VITE votes on the N4Q node has reached 3 million. Formally enter TOP25, tomorrow's voting award will be calculated according to the rules after entering TOP25. thanks for your support!
Reward distribution record:
Https://testnet.vite.net/account/vite_810a947e89dda3e6b3b0137d1cd7e049be4af6874852a83de6
Or check on the N4Q website:
Https://www.n4q.org/reward
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@Lawliet-N4Q-org said in N4Q.org competes for VITE super node TOP25 - reward upgrade:
The N4Q SBP 156th cycle voting award has been sent (VITE rewards and VCP awards). There are currently 60 VITE addresses voting for N4Q.
In addition, as of 3 pm today, the number of VITE votes on the N4Q node has reached 3 million. Formally enter TOP25, tomorrow's voting award will be calculated according to the rules after entering TOP25. thanks for your support!
Reward distribution record:
Https://testnet.vite.net/account/vite_810a947e89dda3e6b3b0137d1cd7e049be4af6874852a83de6
Or check on the N4Q website:
Https://www.n4q.org/rewardGood
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The N4Q SBP 157th cycle voting award has been sent (VITE Awards and VCP Awards), 157th cycle awards totaled approximately 1500VITE and 1500VCP, and the average daily return per VITE vote was approximately 0.0006. There are currently 88 VITE addresses voting for N4Q. As of 4 pm today, the number of VITE votes at the N4Q node has reached 3.3 million. Thanks for the support!
Reward distribution record:
Https://testnet.vite.net/account/vite_810a947e89dda3e6b3b0137d1cd7e049be4af6874852a83de6
Or check on the N4Q website:
Https://www.n4q.org/reward
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@Lawliet-N4Q-org said in N4Q.org competes for VITE super node TOP25 - reward upgrade:
on, as of 3 pm today, the number of VITE votes on the N4Q node
Hi there, congrats for the entry in the top25!
I have several questions regarding your distributions because this is what I observed:
For cycle 157, you had 2'962'514 votes+stake and you earned 1'884.69 VITE as total rewards with your SBP. So if you distributed 60% of this, the daily ROI would have been only 0.0382% which is far from the 0.06% that you actually distributed.Your rewards for this cycle are lower because you just entered the top25, but even with the rewards you should have tomorrow, what you can redistribute with 60% of your earnings would never reach 0.0625% as you announced.
How do you compute exactly what you are going to pay?
Here is from where I got the data:
https://rewardapi.vite.net/reward/node/cycle/query?nodeName=N4Q.org&cycle=157
http://150.109.60.74:8080/vote/node/query?nodeName=N4Q.org&fromCycle=157&toCycle=157
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This post is deleted!
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@Pitozzi said in N4Q.org competes for VITE super node TOP25 - reward upgrade:
@Lawliet-N4Q-org said in N4Q.org competes for VITE super node TOP25 - reward upgrade:
on, as of 3 pm today, the number of VITE votes on the N4Q node
Hi there, congrats for the entry in the top25!
I have several questions regarding your distributions because this is what I observed:
For cycle 157, you had 2'962'514 votes+stake and you earned 1'884.69 VITE as total rewards with your SBP. So if you distributed 60% of this, the daily ROI would have been only 0.0382% which is far from the 0.06% that you actually distributed.Your rewards for this cycle are lower because you just entered the top25, but even with the rewards you should have tomorrow, what you can redistribute with 60% of your earnings would never reach 0.0625% as you announced.
How do you compute exactly what you are going to pay?
Here is from where I got the data:
https://rewardapi.vite.net/reward/node/cycle/query?nodeName=N4Q.org&cycle=157
http://150.109.60.74:8080/vote/node/query?nodeName=N4Q.org&fromCycle=157&toCycle=157Hi,
157 N4Q entering the top 25 is only a short time, so I subsidize the reward myself (according to 2500 * 60%), tomorrow's reward will be calculated according to "total reward * 60%"Thank you for your attention
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@Pitozzi said in N4Q.org competes for VITE super node TOP25 - reward upgrade:
@Lawliet-N4Q-org said in N4Q.org competes for VITE super node TOP25 - reward upgrade:
on, as of 3 pm today, the number of VITE votes on the N4Q node
Hi there, congrats for the entry in the top25!
I have several questions regarding your distributions because this is what I observed:
For cycle 157, you had 2'962'514 votes+stake and you earned 1'884.69 VITE as total rewards with your SBP. So if you distributed 60% of this, the daily ROI would have been only 0.0382% which is far from the 0.06% that you actually distributed.Your rewards for this cycle are lower because you just entered the top25, but even with the rewards you should have tomorrow, what you can redistribute with 60% of your earnings would never reach 0.0625% as you announced.
How do you compute exactly what you are going to pay?
Here is from where I got the data:
https://rewardapi.vite.net/reward/node/cycle/query?nodeName=N4Q.org&cycle=157
http://150.109.60.74:8080/vote/node/query?nodeName=N4Q.org&fromCycle=157&toCycle=157In addition, the average VITE vote for the 157th cycle N4Q was approximately 2.46 million instead of 2'962'514.
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Oh ok, so you exclude your 500k staking from the votes. The official SBP and SwissVite don't do it, plus the vote rewards for an SBP is computed taking into account these 500k.
Interesting.
Let's see how this is going ^_^
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@Pitozzi Just want to try to give more rewards to supporters
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Yes that's good!
You now have around 3.5 millions votes, so if you give back 60% of around 2500 VITE, this will only make an ROI of 0.0429%, not 0.0625%, right?
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@Pitozzi At present, 3.5 million tickets can get around 2850 rewards, so the calculation method should be: 2850 * 0.6 / 3.5 million, the final reward is about 0.049%, still higher than the official node's 0.04%.
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@Pitozzi In the future, if the voting awards issued by the N4Q nodes are not able to attract supporters, we will also adjust to maintain the N4Q node advantage.
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The N4Q SBP 158th cycle voting award has been sent (VITE Awards and VCP Awards), 158th cycle awards totaled approximately 1690VITE and 1690VCP, and the average daily return per VITE vote was approximately 0.000486. There are currently 107 VITE addresses voting for N4Q. Thanks for the support!
Reward distribution record:
Https://testnet.vite.net/account/vite_810a947e89dda3e6b3b0137d1cd7e049be4af6874852a83de6
Or check on the N4Q website:
Https://www.n4q.org/reward
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The N4Q SBP 159th cycle voting award has been sent (VITE Awards and VCP Awards), 159th cycle awards totaled approximately 1751VITE and 1751VCP, and the average daily return per VITE vote was approximately 0.000458. There are currently 116 VITE addresses voting for N4Q. Thanks for the support!
Reward distribution record:
Https://testnet.vite.net/account/vite_810a947e89dda3e6b3b0137d1cd7e049be4af6874852a83de6
Or check on the N4Q website:
Https://www.n4q.org/reward
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The N4Q SBP 160th cycle voting award has been sent (VITE Awards and VCP Awards), 160th cycle awards totaled approximately 1696VITE and 1696VCP, and the average daily return per VITE vote was approximately 0.000483. There are currently 119 VITE addresses voting for N4Q. Thanks for the support!
Reward distribution record:
Https://testnet.vite.net/account/vite_810a947e89dda3e6b3b0137d1cd7e049be4af6874852a83de6
Or check on the N4Q website:
Https://www.n4q.org/reward
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The N4Q SBP 161th cycle voting award has been sent (VITE Awards and VCP Awards), 161th cycle awards totaled approximately 1635VITE and 1635VCP, and the average daily return per VITE vote was approximately 0.000505. There are currently 115 VITE addresses voting for N4Q. Thanks for the support!
Reward distribution record:
Https://testnet.vite.net/account/vite_810a947e89dda3e6b3b0137d1cd7e049be4af6874852a83de6
Or check on the N4Q website:
Https://www.n4q.org/reward
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The N4Q SBP 162th cycle voting award has been sent (VITE Awards and VCP Awards), 162th cycle awards totaled approximately 1633VITE and 1633VCP, and the average daily return per VITE vote was approximately 0.000502. There are currently 114 VITE addresses voting for N4Q. Thanks for the support!
Reward distribution record:
Https://testnet.vite.net/account/vite_810a947e89dda3e6b3b0137d1cd7e049be4af6874852a83de6
Or check on the N4Q website:
Https://www.n4q.org/reward