Weekly Report 2019 August #5


In this weekly report (5th Week of August 2019): V SYSTEMS announced new listing on INDODAX. VSYS has also joined KuCoin Soft Staking Program to ensure its users can benefit the most fromVSYS. Please read the full report below.

1. VSYS Blockchain Development

Smart Contract Development

The code for the first version of VSYS Smart Contracts has been merged into the master branch. Euclid is ready to go live, and smart contracts will soon be supported on the Main Chain. The block height for smart contract support is currently set at 6,100,000; the block height of the main chain is 5,886,000 at the time of writing.

The initial version of smart contracts starting from the 6,100,000th block will include some low level functions that will allow users to create their own tokens and define its uses. There is however, a lot more functions in the design process. Once discussions have been concluded, new features will be announced in the near future.

Website Update

Our Supernode Website has been updated to more clearly reflect supernodes that are full. Each supernode has their own reward system and has defined their own capacity. If a supernode is shown as full, it means that any new leases to the supernode will not be considered when lease rewards are given.

Wallet Development

The web wallet has been updated to fix various known issues and make the UI more user friendly. User will see these enhancements after next release.

2. Global Community

Soft Staking Program on KuCoin

KuCoin and V SYSTEMS are happy to announce that VSYS coin holders can enjoy the Soft Staking service on KuCoin exchange platform starting from August 28 where users are able to gain and maximise their benefits freely.

KuCoin is now offering a 20% return for those who join the soft staking program until Sep 4. You can also get a chance to enjoy 50 $VSYS by doing a few simple tasks as illustrated on KuCoin’s Twitter post .

Click through here to learn more and happy staking!


Follow us Closely on Medium

Follow our Medium Page now in order to get firsthand information on what’s happening on V SYSTEMS.


CoinMarketCap Global Conference 2019

The two legendary and never been seen before founders are finally going to meet! The CoinMarketCap is going to host the first-ever biggest event on November 12–13 at the Victoria Theatre, Singapore. The V SYSTEMS Chief Architect Sunny King and the Founder of CoinMarketCap Brandon Chez will share their experiences with the blockchain community. Join us at CoinMarketCap Global Conference 2019 and witness this historical moment together! Read here for more details .

3. Market Overview

Exchange Updates


VSYS has officially been listed on INDODAX! INDODAX is the largest digital asset exchange platform in Indonesia, which acts as the backbone for the entire finance ecosystem in Indonesia that implements blockchain technology. Read here for more details.


Market Cap

VSYS ranked at #30 on CoinMarketCap , with a market cap of US$288 millions.


Staking Rewards

This week, VSYS has remained at #9 on stakingrewards.com . With a total staking value of approximately US$15.3 billion and an overall StakingRewards Score of 88%, V SYSTEMS has maintained a healthy staking environment for all token user. With VSYS coins, you can easily enjoy the rewards from staking with just a few clicks. Take action now!


Stay Connected

Follow us on Twitter , Medium and YouTube to stay up-to-date with our latest announcements. Join our official VSYS Telegram group , Reddit and bitcointalk to participate in discussions with the VSYS team and our community. If you are a developer, you can also connect with our developers around the world in the VSYS GitHub Community .

Other Useful Links

VSYS Official Website: https://www.v.systems
Supernode Ranklist: https://vsysrate.com/
VSYS Blockchain Explorer: https://explorer.v.systems/