Blockchain Interface Improvement for Staking – Completed (UI Manuals)

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VTBDex Updates

 Date: February 22, 2024

Available at https://vtbdex.com/

VTBCommunity Announcement – VTBDex – Technical Updates – Blockchain Interface Improvement for Staking – Completed

Dear VTBCommunity members,

We are thrilled to share that the Blockchain Interface for Staking, Nomination, and Nomination Pools has been successfully deployed and is now fully operational.

Consistent with our commitment to transparency and accessibility, comprehensive documentation on how to use the user interface (UI) will be available through the usual informative channels. In line with the aforementioned, we would like to take this opportunity to remind our community members that the VTBCommunity Foundation is a non-custodian operator and does not hold or have any control over the tokens owned by you nor of your private keys.

We are truly excited to witness the positive impact and empowerment our community will experience through this significant enhancement.

COMPREHENSIVE INFORMATION ON HOW TO USE THE USER INTERFACE (UI) FOR STAKING, NOMINATION AND NOMINATION POOLS.

The VTBCommunity Foundation is delighted to introduce a series of comprehensive manuals aimed at enhancing your experience and understanding of various features within our ecosystem. These manuals serve as invaluable resources, offering detailed guidance on key processes essential for active participation.

Below, you will find brief descriptions of each manual:

  1. Claiming Rewards: This manual provides step-by-step instructions on how to claim rewards within our ecosystem. Learn how to access and maximize your rewards efficiently. Download it here.
  2. Nominating using Polkadot JS UI: Dive into the world of nomination by utilizing the Polkadot JS UI. This manual elucidates the process of nominating validators to secure the network and earn rewards. Download it here.
  3. Nomination Pools using Polkadot JS UI: Explore the concept of nomination pools and learn how to participate using the Polkadot JS UI. Download it here.
  4. Nomination Pools using DEX UI: Delve into nomination pools through the Dex UI interface. This manual provides comprehensive guidance on leveraging the Dex UI for participating in nomination pools efficiently. Download it here.
  5. Nomination using DEX: How to nominate validators seamlessly and contribute to the security and decentralization of the network. Download it here.

Each manual is meticulously crafted to empower you with the knowledge and skills necessary to navigate our platform effectively. Whether you are a novice or an experienced user, these resources are designed to cater to your needs and facilitate your journey within our community.

We encourage you to explore these manuals at your convenience and leverage them to elevate your participation within our ecosystem.

Thank you,

The VTBCommunity Foundation
vtbcommunity.org

 

Blockchain Interface Improvement for Staking

in ,

VTBDex Updates

 Date: February 14, 2024

Available at https://vtbdex.com/

VTBCommunity Announcement – VTBDex – Technical Updates – Blockchain Interface Improvement for Staking

Dear VTBCommunity members,

We are delighted to inform you that exciting improvements are underway that will significantly elevate the functionality and usefulness of the VTBCommunity blockchain. We’re thrilled to share this pivotal advancement with you, as it enhances our blockchain interface, unlocking a realm of possibilities for our community in an even more user-friendly environment.

This notification serves as an advance notice before the deployment of a transformative update scheduled for Tuesday, February 19, 2024. This upgrade is an important milestone in our journey, as it touches up our blockchain interface for Staking, Nomination, and Nomination Pools.

Enhanced Blockchain Interface: Staking, Nomination, and Nomination Pools

The upcoming code update will upgrade the blockchain interface for Staking, Nomination, and Nomination Pools. This interface empowers users to stake their tokens, nominate existing validation nodes, and initiate Nomination Pools in an even more user-friendly atmosphere. By doing so, VTBC holders will have the opportunity to earn block validation rewards alongside validator node owners, thereby putting their tokens to work in a meaningful way.

Empowering our Community

This renovated interface empowers our community members in several ways:

  • Staking Tokens: Users will have the ability to stake their tokens, allowing them to actively participate in network validation processes.
  • Nomination of Validation Nodes: Community members can nominate existing validation nodes, contributing to the decentralization and security of our network.
  • Starting Nomination Pools: VTBC holders can initiate Nomination Pools, providing an opportunity for token holders to collectively stake their tokens and earn block validation rewards.

In essence, by participating in these activities, VTBC holders can actively engage with the VTBCommunity ecosystem, potentially earning block validation rewards alongside validator node owners and making them part of the governance power. Additionally, this functionality will provide validator owners with easy access to their nodes.

Accessing the Interface

After deployment, comprehensive documentation will be provided on how to use the user interface (UI). You can access the UI information through all the available VTBDEXs, like vtbdex.com, as well as the alternative blockchain interface provided by polkadot.js.app. This documentation will ensure that all community members can make the most of the functionalities seamlessly.

Functionality disruption during deployment

While implementing, there may be some temporary short disruptions in functionality. Please rest assured that our team is working diligently to ensure a smooth transition.

Conclusion

This forthcoming upgrade underscores our commitment to cultivating a dynamic and rewarding ecosystem for all VTBCommunity members. We’re thrilled about the possibilities it brings and look forward to seeing the positive impact it will have on our community.

As always, our deepest gratitude to all our members for your continued support and engagement as we strive to create a vibrant community. Together, we are building a stronger and more resilient ecosystem for all VTBCommunity members.

Thank you,

The VTBCommunity Foundation
vtbcommunity.org