How does the exchange of 10,000 Star value for 1 VAST affect the NGK computing market?
Token is a digital asset issued by a private person, not a government, and it has its own “currency” account unit. In the foreseeable next three years, token will cover at least one-fifth of the world’s population. With that, NGK has made its own efforts. After the continuous issuance of BGV DeFi exclusive token and SPC computing power reward token, as well as other high-fold tokens, now it has issued VAST — — the Visa coin, which is a sub-coin of SPC computing power reward token produced by the mining mode and issued to personal accounts through exchange mode. At present, the maximum issuance of VAST is fixed at 100,000 units.
The total amount of VAST is fixed and is not controlled by any institution. It has a high degree of transferability, and it is not easy to break similar to gold; in certain aspects, it is even better than gold. Therefore, it is very suitable as a value storage tool. This status will become stronger. For an ecological construction participant, it directly affects the proportion of VAST in its investment portfolio. If the ecological construction participants have a correct judgment on Bitcoin, they will invest more funds in the NGK computing power market instead of investing separately in other tokens.
Why? This is because the NGK’s computing power input can continuously perform compound interest calculations. In addition to the basic income based on the rise and fall of computing power, there are also the previous BGV DeFi exclusive token and airdrops from the SPC computing power reward token, as well as the Laser Project which specifically launched to support the computing power support activities for NGK computing power holders. Now, we have VAST, the sub-coin of the SPC computing power reward token. This reward can be redeemed when the computing power of the NGK network reaches 8 million, then we can exchange with VAST star value.
Star value can be understood as a special exchange certificate issued by NGK. Based on the official rules, 10,000 VAST star value can be exchanged for 1 VAST. While the number of VAST is limited, with only 100,000 units, first come first served, while stocks last. So, how to get the VAST star value? The star value is issued 1:1 according to the value of the SPC computing power reward tokens in the accounts of the ecological construction participants. The necessary condition is that the NGK network computing power can be exchanged after it reaches 8 million. If an ecological construction participant exchanges for 1 VAST, then he or she must have at least more than 10,000 SPC computing power reward token in the account.
As market activity increases, VAST will promote the liquidity of the NGK computing market.
