Today is the last day on which you will be able to get an X Node. A snapshot of all wallets holding Vechain will be taken on 12:00 (UTC+8).
After the snapshot, you will never be able to get an X Node again.
Early supporters reward program
By becoming an X Node holder you will get an additional Thor generation bonus. The Vechain foundation has set up a pool of 50 million VET, the Thor that this pool generates will be divided between all X Node holders.
Next to this, there are other benefits of having an X Node, such as having a vote in the Vechain governance model and whitelist access for upcoming ICO’s on the Vechain platform.
Please see this post for more information on X nodes.
How to prepare for the snapshot
To become an X Node holder you need to have at least 6000 VET stored in a traceable wallet during the time of the snapshot. You can enter your wallet ID on Etherscan.io to confirm your wallet is traceable.
Please note that having your coins in an exchange wallet will not work!
If you still have your coins in your exchange wallet, we recommend sending them to a wallet that supports erc-20 coins like mew.
Snapshot will be ongoing
The snapshot will not just be a one-time event, Vechain will keep monitoring all Vechain wallets. This means that if you drop below the amount of VET needed for your X Node at any time, you will lose your X node permanently.
You can also only upgrade your X Node, but not downgrade your X Node to a lower tier.
Examples:
- Hold 6.000 VET in your wallet (VeThor X Node) and sell 1 VET = you lose your VeThor X node status.
- Hold 10.000 VET in your wallet (still a VeThor X Node) and sell 1 VET= you will still have your VeThor X node (requiring at least 6.000 VET).
- Hold 16.000 VET in your wallet (Strength X Node) and sell 1 VET = you lose your X Node status and will get a normal Strength Node (requiring at least 10.000 VET). Sell another 1 VET and you will lose your Strength Node, but you will not have a VeThor X Node.
