Everything you need to know about Vechain Nodes and Node rewards

How will VeChain make its blockchain cheap enough for enterprise use, but interesting enough for investors?

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On this page, we will give you a complete overview of everything you need to know about the Vechain coins VET and VTHO and the Vechain Node system.

A two-coin system

The Vechain economy consists of two coins, VET and VTHO. This was done to prevent the fees for using the blockchain (being paid in VTHO) from being directly affected by the price of the VET token. This way anyone using the Vechain blockchain can be guaranteed off a stable transaction fee, while the VET token can increase in value.

This is a major issue other projects like Ethereum and Bitcoin are currently struggling with, using a two token system, this issue is fixed.

Vechain token (VET)

Use case: Store of value and smart payment currency.

How to get: You can currently buy it from the open market, we recommend buying VET on Oceanex.pro. Strategic partners can buy from a dedicated pool.

Thor power (VTHO)

Use case: Needed to interact with the blockchain for certain operations, like executing smart contracts and transferring tokens. If you want to write data to the blockchain, you have to pay for this using VTHO.

How to get: You will generate Thor when owning VET. Currently, 1 VET generates 0.000432 VTHO per day. You can also buy on the open market, we recommend buying VTHO on Oceanex.pro.

Keeping transaction costs stable

The Foundation has two ways to keep transaction fees stable:

  • The Vechain Foundation can increase or decrease the amount of VTHO that is needed to transfer data to the blockchain (decrease VTHO needed for a transaction > lower transaction costs).
  • The Vechain Foundation can increase the amount of VTHO is generated by VET (increase VTHO supply > lower VTHO price > lower transaction costs).

The two-coin system gives people wanting to use the Vechain blockchain multiple ways to fund their transactions:

  • Enterprises wanting to use the blockchain can buy the VTHO they need to put data on the blockchain from the open market.
  • They can however also decide to buy VET. Using this VET they can then generate VTHO which they can use to pay for their blockchain operations.
  • Users can buy VET and sell the VTHO they generate on the open market, allowing for an extra income source.

With the adoption of the Vechain blockchain more transactions will be generated, increasing the demand for VTHO. Given the examples above it is clear to see that this will also result in the demand for VET to rise.

Vechain Nodes

When a certain amount of Vechain is placed inside a traceable wallet, you can apply that wallet to become a Node. There are various types of nodes, which all have different benefits, functions, and requirements.

note: You don’t need any hardware to run a Vechain Node, locking up (called staking) your VET in a wallet is all you need to do!

The nodes can be divided into two types:

Authority nodes

The authority (also called Thrudheim) Nodes are used to validate all blockchain transactions. Authority nodes have the highest requirements, but also gives you access to the biggest benefits.

  • There will only be 101 Authority Nodes
  • Authority nodes are selected and rated by the Vechain foundation and require a full KYC and application procedure.
  • Authority Nodes are the only nodes that dedicated hardware for blockchain validation.
  • A minimum of 25.000.000 VET is required to be able to apply
  • Receives the highest VTHO production rate and voting rights.

Economic nodes

The economic nodes are not validating blockchain transaction, but offer stability to the ecosystem and provide benefits compared to non-Node Vechain owners.

  • A minimum of 1.000.000 VET is required to gain access to the smallest Node.
  • No hardware is required, just place your VET into a traceable wallet (no exchange) and using the VechainThor mobile wallet go to rewards to upgrade to a Node.

The identity of the Authority Nodes

There has been a lot of discussion in the Vechain community if the identity of the 101 Authority Nodes should be made publicly known.

The Foundation has stated that they aim to reveal as much of the Authority Nodes as possible. However, this is a delicate matter. Single individuals having an Authority Node can become a target once their identity gets publicly know. Enterprises that are currently owning an Authority Node can also prefer to stay anonymous (for now) because they are not ready to publicly announce that they are using blockchain technology or to stay ahead of competitors.

Currently, multiple companies (for example DNV GL and PwC) have come forward announcing that they are holding an Authority Node.

Economic Nodes

To get an economic node, a certain amount of VET has to be placed in your Vechain Thor mobile wallet. When you meet the minimum amount of VET you can join the Node program by going to the Rewards tab in the mobile wallet.

Normal economic nodes

Mjolnir Masternode

  • 15.000.000 VET
  • 30 day maturity period

Thunder Node

  • 5.000.000 million VET
  • 20 day maturity period

Strength Node

  • 1.000.000 VET
  • 10 day maturity period

Important notes about economic nodes:

  • You can upgrade and downgrade between Nodes.

X Nodes

The X Nodes program was launched to provide additional rewards for the most dedicated Vechain supporters.

Mjolnir X Node

  • 15.600.000 VET needed
  • 90 day maturity period when upgrading from a Thunder X Node
  • If your wallet drops below 15.600.000 VET at any time, you will lose your X status forever.

Thunder X Node

  • 5.600.000 VET needed
  • 60 day maturity period when upgrading from a Strength X Node
  • If your wallet drops below 5.600.000 VET at any time, you will lose your X status forever.

Strength X Node

  • 1.600.000 VET needed
  • 30 day maturity period when upgrading from a VeThor X Node
  • If your wallet drops below 1.600.000 VET at any time, you will lose your X status forever.

VeThor X Node

  • 600.000 VET needed
  • No maturity period
  • If your wallet drops below 600.000 VET at any time, you will lose your X status forever.

Important notes about x nodes:

  • You can’t downgrade from one X Node to the other, you will lose X status. You can however upgrade.
  • As an X node holder, you will get additional benefits such as Vechain Ico’s whitelist access.

The Node token system

Each Node is represented by a unique Token on the blockchain. This way you can transfer the Node to a different wallet, or even sell it to another user.

You can read more about the Node token system on the official Vechain medium here.

VTHO generation

There currently are four various ways to generate VTHO with your Vechain. These four ways (called reward types) combined will determine your total VTHO generation rate.

Reward type 1

Requirements: Own VET, it does not matter how much you have. No need to stake them into a node.

VTHO generation rate: Each VET generates 0.000432 VTHO per day. This is the basic generation rate, which can be increased in the future but can never decrease.

Notes:

  • Some exchanges (like Binance and OceanEx) payout VeThor if you hold Vechain in your exchange wallet. Most exchanges pay out the VTHO generated weekly or monthly.
  • In the mobile VechainThor wallet you will generate VTHO with every block generated on the chain (every ~10 seconds).

Reward type 2

Requirements: An authority node

Thor Power generation rate: 30% of all VTHO consumed by blockchain transactions will be rewarded to the 101 owners of a Thrudheim Masternode.

Notes:

  • The other 70% of Thor Power used will be burned.

Reward type 3

Requirements: An authority, economic or X Node (excluding the smallest VeThor X node)

Thor Power generation rate: The Vechain foundation has set up a special pool called the Foundation Reward Pool that has 15 billion VET in it. The Thor Power generated by this pool will be divided amongst those eligible for reward type 3.

Notes:

  • The foundation pool will decrease by 2.5 billion VET every 6 months, until further notice.
  • Update: per September 2021, the Reward Pool has hit zero and reward type 3 has ended.

Reward type 4

Requirements: An authority node or X economic node.

Thor Power generation rate: The Vechain foundation has set up a special pool called the Foundation X Reward Pool that has 5 billion VET in it. The Thor Power generated by this pool will be divided among those eligible for reward type 4.

Notes:

  • The foundation x pool will remain at 5 billion VET, until further notice.

VTHO rewards overview

All data provided in the tables below has been calculated using the using the VTHO rewards pay-out that has taken place on 15-10-2018.

Please note that we have seen rewards fluctuate by as much as 5% from day to day, so use these numbers as an indicator.

 

To get current VTHO rewards please use the calculator over at vechainstats.com

 

Do you have any questions? Feel free to ask them in the comments below!

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125 COMMENTS

      • You can get a Thunder Node just by holding 5M? VET for free in the app. a Thunder X node is something you have to buy via Smart contract + hold the minimum coins.

        • Thank you, I got the regular Thunder node years ago, but I thought I bought it in “collectibles” which is also doing it through a smart contract…it has been so long ago though, I don’t remember how much? Anyway, thanks for the reply, I’m glad I did it, it has really progressed since then!

    • Hi guys this may be an elementary question but i need to ask. If i am backing up a vechain phone wallet with an x node attached to another phone, If i simply put in my back up phrase will my node be safe and sound as before on my other phone?

  2. I currently have 10,000 VET in my vchainthor wallet on my phone. I can see that it’s generating thor. my question is: what’s so great about generating thor? what can I do with it?

    thank you

    • Users can buy VET and sell the VTHO they generate on the open market, allowing for an extra income source

  3. Just a quick clarification. It’s called a thrudheim node. It’s not a masternode. There are no masternodes on the VeChain network.
    The authority nodes ar the ones which create and validate the blocks on the network. The economic nodes are there as a stabilizator for the VET price. That’s pretty much it. They don’t affect the performance on the network at all.
    Same thing for Mjolnir. It is not considered a masternode since you are not helping the network at all.

    • Hi for a node what is the minimum amounts vet ? 600000 to a million? And how is the reward Padova in vthor right ? How many ? And is it possiblen to run the node on the synk desktop or only mobile?

  6. I’m trying to upgrade from strength to thunder node and having trouble finding the QR code in my cold wallet. I upgraded to strength prior to the app update a few days ago and it was fine but now I tried scanning the QR code and it does not work. Any help would be greatly appreciated

  7. can you help me? I do not have a purchase from a node in my wallet with respect to the past, but I do not know what has happened to my VET, I thought they will have them in my possession.
    I bought by market and in my transactions it is reflected that the transfer was executed but I am not part of the master node. I do not understand the dynamics, I hope I have not lost those VET.

  10. I’m keeping my Vechain in the vault veforge wallet. If I reach a balance of 600000 will I automatically at that point have a Vethor X node and begin receiving the corresponding rewards without any further action on my part?

    • To get an X node you would had to have 600’000 in your wallet by march 20 2018. Now you can only get an X node by purchasing one on the open market using the Vechain Mobile wallet. This will cost you roughly 400’000 additional VET at current prices. You can get a normal economic “Strength Node”, however you will need 1’000’000 VET in your wallet for this. Once you have this amount I think you need to “activate” it using the mobile wallet and then wait 10 days.

  11. I’m I a pool owning a mjolnir node my ownership is about 0.1% or about 48,000 VET after about 7 months I have got about 6,600 Vtho close to $6 for 7 months not bad lol

  12. Hello,
    If I put my 1M VET in the Ledger Nano X, can I get a Strength Node (Normal Economic)?
    All the best

  14. Hi all, I have a Strength Node status since recently and use the Vechain Wallet for storage (1Mio VET).
    I have 2 questions;
    1. How long can you wait to claim your extra vtho? If you wait too long, do they disappear?
    2. How can you apply for the Strengt Node X? I cannot find any option to apply. I understood that you can apply for the X node starting 600K VET.

    • 1. They will never disappear and are stored in a smart contract until you claim them.
      2. You can currently no longer apply for a Strength X Node, however, you can buy a Strength X Node token from the market inside the VeChainThor wallet.

      • You can get a Thunder Node just by holding 5M? VET for free in the app. a Thunder X node is something you have to buy via Smart contract + hold the minimum coins.

        Do you have to own a X node to upgrade to a strength X node then onto a Thunder X node?

  15. Quick question… what’s the purpose of them pushing you to their mobile wallet? Any extra benefits in doing so? Use my ledger currently, along with Atomic when needed. Is the mobile wallet easier? Can I access more stuff on it compared to the ledger vault?

  16. Hello Guys, Is it possible to upgrade from vthor xnodes to strength node (not strength xnode) ? If yes, please how.. Thanks

  17. I have a basic x node from the early days.
    1. Is there a tutorial on how to transfer the x node and my VET and VTHO tokens to a ledger nano S?
    2. with a 1,2 million VET on an x node – is it true that i produce less VTHO than a simple 1M strength node?

  18. Hello, I’ve kept my VET coins locked up since the March 20, 2018 deadline and am in possession of a StrengthXNode. I’ve kept my coins locked up in my VTHO wallet, and have never gone below the 1.6 million VET mark. Yet my StrengthXNode has only paid out just over 400,000 VTHO to date. Which according to calculations is less than 30% of what I should be getting. I’m averaging about 8,000 VTHO per month, but should be getting approximately 30,000 per month. My StrengthXNode was one of the ones that had trouble starting up from the beginning, if you can recall that happening. I don’t think I even got the correct Bonus from the 6 month lockup period. Because I only received 14,000 VTO. I’ve made attempts to email VeChain recently through the address provided in the wallet, but no one has even gotten back to me. Very discouraging. I want to upgrade to a ThunderXNode, and have been collecting VET to do so. But have had second thoughts when I recently discovered this problem. Anyone out there holding a StrengthXNode that can tell me how much VTHO you’ve collected so far? Is anyone else having the same problem??? Any help would be greatly appreciated. From a long time loyal VET holder.

  19. I have two questions:

    1- If I have a strength node, how often do I need to claim the VTHO rewards in the mobile wallet? If I don’t claim them, will they expire?

    2- If I have 1,000,000 VET, can I have more than one Strength node?

  20. If I have a VeThor X Node, but have recently bought enough extra VET to put my wallet over 1,000,000, can I activate the strength node, to ‘graduate’ from the X node to the Strength node? Is there a reason I shouldn’t do that?

  22. Bought x node 1mil vet ,didn’t understand the process should be explained more clearly, lost all my vet worth $8000 now should not be allowed to happen so easy.
    Depressing move.

    • so when you buys nodes, you lose your vet? i had that question of, if i buy a node ie a 1 mil strength node, do i lose my vet in my wallet?

      • in addition, i have not found any information that answers this question and based off your encounter, i think i found out that the answer is you do lose your vet 🙁 i guess that’s what they meant by saying this feature is for “dedicated VeChain supporters”. so dedicated that they don’t mind losing $8000+ to support vechainthor cause… but that’s ok they just give you vtho in replacement of you staking 1 mil vet. i always wonder if you could sell vtho since it’s purpose is to file transactions and 70% of it is burned, doesn’t that mean your selling a token that essentially destroyed itself? thank you for your time.

          • @Mr.Reply, thank you for your response but your reply is vague to say the least. can you elaborate on what your reply means and a link to the documentation/resource that explains this in detail? i think i speak on behalf of the community on requesting better guidance and clarification on this topic. this would be help with public relations and reestablish faith in this project. thank you.

  24. Do you have to work your way up on these nodes? Can you jump to a thunder node if you have 5 mil
    VET or do you have to buy the strenth first and wait then do it again for a thunder?

    • Hey Sean, I used the VeChainThor app on my mobile phone. I have Exodus Wallet as well but I do not know if my VET strength node will be recognized within the Exodus wallet. I am trying to get an answer on that. If you store your VET on VeChain you can use the Rewards option within the app. Enroll for the node there. There is a 10-day waiting period before you can start claiming your VTHO rewards. Good luck and I hope this helps!

  28. I have an x1.0 Strength node on VeChain.org. I have set up an Exodus Wallet. If I move my current VET holdings to the Exodus Wallet, will I still be able to receive VET at current strength node levels, i.e. is my Exodus Wallet traceable by the VeChain portal?

    In Exodus, they claim to yield a 1.09% APY for holding VET . I am not sure which would be a better place to store my VET and maximize my VTHO rewards.

    Thanks

  29. Hi all. I have kept my VET on the VechainThor Wallet since Aug 2018. At firs it generaed VETHO up to over 11000. Now i has stopped generating VTHO, even though I have kept the same amount of VET in the wallet (not enough for node status I will add). Can anyone tell me why its stopped generating VTHO, and how I can claim what I should have acrued?

    Thanks

    • Make sure to update your wallet and if you hold VET in your wallet you should see it is still generating VTHO

  30. Hi, I stake my Vechain on the Vechain wallet and i have a strength node. i just heard from a friend that the terms and conditions of the app state that my vechain is locked permanently in the app and cant be removed. Is that true? i never tried to remove them yet.

  31. Hello, I recently bought VET on the Voyager App. As you may know, Voyager is a Broker App. How do I receive rewards with having my VET in Voyager? Thank you.

  32. Hi, can someone please assist. May I know if there is a difference between keeping 1M of VET on Binance to gain VTHOR VS putting on VeChain mobile wallet? and about via Ledger?

    Are the VTHOR amount gained lesser on Binance/ ledger VS VeChain mobile wallet? Thanks.

  34. Hello, I have 1M+ in my vechainthor mobile wallet. I have tried to upgrade to a strength node but i get a message appearing saying that i do not have enough vtho. Does anyone know how many vtho are needed to upgrade to a strength node?

  36. Can someone answer this very important question left on Jan 13, 2021. I also would like to know.

    Q2021 January 13, 2021 At 11:40
    Hi, can someone please assist. May I know if there is a difference between keeping 1M of VET on Binance to gain VTHOR VS putting on VeChain mobile wallet? and about via Ledger?

    Are the VTHOR amount gained lesser on Binance/ ledger VS VeChain mobile wallet? Thanks.

  37. Hey guys I have x amount of vechain in my wallet on the app its been a couple of days and don’t see anything generating so question one am I supposed to just leave it in The wallet and wait or have I missed something out and two when would I start seeing it if so am I just being impatient

  38. I have 1 mil VET in my VeChain Thor wallet.
    I signed up for the strength Node and now I get rewards but……………….

    Someone said if my VET balance ever goes below 1 million than VeChain will take all of my VET and destroy it. In other words, my 1 million VET is locked in forever and I can never sell it.

    Is this true?

  39. I am using SYNC dashboard manager with Ledger Nano S for VET token deposit last August, 2020… See many “pages” of VTHO tokens earned……Is there a way to export the VTHO earnings from the SYNC dashboard to easily record and total these 2020 “earnings” for the
    IRS in the USA?

  41. Hello. If I open another wallet within my account(in the vechain thorwallet app).. do both wallets get node rewards? Or only the wallet holding the node? Ie: does the node cover my entire account or just each particular wallet within? That being said, could you have a different node in each wallet (in a single account) in theory?

  42. Interestingly, I have held thousands in VET in a crypto.com wallet and I haven’t received a single VTHO token….hmmmmmm. Anybody else have that issue?

  43. In Strength X Node, you cannot drop below 1,600,000 VET. If you do, you lose the node status.

    However, since each node is represented by a unique Token on the blockchain, a Node can be transferred to a different wallet of even to a different user.

    Is there a market where Nodes are sold from person to person?

  45. I have an economic Strength node since April 2021. Stopped giving me rewards Sept 1 2021. Still have my mor than 1 million VET in my wallet. Anybody else have this problem.

  47. I have a strength node not an x node. Did these stop giving rewards? I haven’t generated any V Thor in months. How do I get rid of a node if it’s keeping me from getting rewards?

  48. Hey! I am holding 5 mio vet tokens and activated the thunder node. Since more than 2 months I cant claim any rewards. What can I do to solve this? I didnt get any reply from the support.

  49. Hello, can please anyone help? I have a strength node and as well 1 Million Vechain in the wallet. In the app it says rewarding but on the top left where it says received and unclaimed it still says 0 after more than the 10 days waiting period. Is this normal or does anyone know what I am doing wrong?

  50. Hello all, I used to have a Vthor X-node, but I went below the 600k minimum. Of course, I lost my x-status. If I want to have another X-node in future, will it be possible with the same address or do I need another address instead? Thanks!

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  95. I have a Strength X note with 600K VET and it stopped getting any rewards. Do I need to do anything for it? Thank you

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