** WARNING: connection is not using a post-quantum key exchange algorithm. ** This session may be vulnerable to "store now, decrypt later" attacks. ** The server may need to be upgraded. See https://openssh.com/pq.html Veld — Where Value Is Earned (preview)

Where value is earned.

Four design choices.
No compromise on any of them.

Nothing here is speculative. All four are in the source, on the chain, and verifiable today.

Post-quantum by default

Every signature is ML-DSA-65 (Dilithium-3, NIST FIPS 204). A shelved quantum computer coming online next year doesn't invalidate a single UTXO. No secp256k1, no migration story, no hybrid bridge.

Memory-hard PoW

VeldHash uses a 1 GB dataset, 8 FP registers, and an epoch-rotated seed. ASIC-resistant in the RandomX tradition. Your CPU earns. GPU farms don't dominate. The playing field stays reachable.

Rewards follow participation

Every block: 50% to the miner, 20% co-mining, 20% vault (stakers), 10% endorsement (validators). Combined multipliers cap at 3.00×. No whale cut, no pre-mine, no admin slice.

No bridges. No VM. No admin.

No cross-chain trust surface. No smart-contract VM to DoS. No pause switch, no upgrade multisig, no privileged RPC. Governance is the only protocol lever — and it requires an on-chain validator quorum.

Six ways to earn.
All from the same wallet.

Mining, staking, validating, co-mining, governance, and just holding — they all compound.

— 01 MINE

Run the client

Download VeldClient, double-click Start Mining. Your CPU hashes VeldHash (1 GB memory-hard) to find blocks. Winning miner receives 50% of the block reward directly to their address.

Block reward: 1.9025 VELD · ~60s cadence
— 02 STAKE

Lock VELD, earn from vault

Lock any amount from 1 000 to 10 000 VELD for 7 / 14 / 30 / 90 days. Longer lockups earn higher multipliers (1.00× → 1.50×). Every 144 blocks the vault distributes to stakers proportionally.

Vault fills with: 20% of every block · + 100% of every 100th block
— 03 VALIDATE

Endorse blocks, sign for rewards

Stake the full 10 000 VELD max and register your ML-DSA-65 pubkey as a validator. Your daemon signs each new block. Every 144 blocks the endorsement pool pays validators by endorsement count.

Endorsement pool: 10% of every block reward
— 04 CO-MINE

Get paid for near-misses

Not every hash wins — most are "near-misses" within 4× of the target. Near-misses count toward a shared pool. Every 100 blocks it pays out, proportional to your contribution. No setup needed — comes free with mining.

Co-mine pool: 20% of every block reward
— 05 GOVERN

Propose + vote on promos

Registered validators can propose promotional reward boosts (up to 2.0× for up to 1440 blocks, capped at 12% of vault per activation). 51% validator-quorum vote. No other on-chain parameters are mutable.

Quorum floor: 7 validators · Cooldown: 30 days between promos
— 06 VERIFY

Run your own full node

Don't trust, verify. The same client that mines runs a full P2P node: it independently validates every block, every signature, every coinbase split. Nothing about the chain's state depends on a central server you have to trust.

Chain data: ~500 MB / 120 days · RAM: ~1.2 GB (VeldHash)

Fixed cap. Clean split.
No hidden cuts.

Every VELD in existence is minted as a block reward to a participant. No pre-mine, no treasury, no founder allocation.

Hard cap
21,000,000
VELD total · ever
Annual emission
1,000,000
VELD · 21-year schedule
Block reward
1.9025
VELD · every ~60 s
Pre-mine
0
none · zero allocation
1.9025
VELD / block
Every block splits four ways
MinerBlock-winner direct50%
Co-mining poolNear-miss payouts20%
VaultStakers, every 144 blocks20%
EndorsementValidators, every 144 blocks10%
+ every 100th block routes 100% to the vault.
+ all TX fees flow to the vault.

Longer commitments earn more. The lockup multiplier stacks with your mining tier.

Tier 1
7 days
1.00×
Tier 2
14 days
1.10×
Tier 3
30 days
1.25×
Tier 4
90 days
1.50×

Tiers are activity-based, not cumulative. A "day" = 1,440 blocks (~24 h). A day counts as "active" if you mined at least one block in it. Your tier is recomputed every block from the last N days. Mine consistently → tier climbs. Stop mining → tier drops.

Bronze
7 of last 14 days
1.25×
Silver
21 of last 30 days
1.50×
Gold
150 of last 180 days
2.00×
Platinum
300 of last 365 days
2.50×
Diamond
900 of last 1,095 days
3.00×
How you keep a tier Every block, the chain scans your last N 1,440-block windows (days) and counts how many were "active" (≥1 block mined). If that count meets the threshold, you hold the tier. No one-time milestone unlocks a permanent tier — every tier is actively maintained.
How you lose it
Stop mining. As old windows scroll out of your lookback range and new inactive ones roll in, your active-day count drops. When it falls below a threshold, you demote to the tier below. Each tier's headroom (days-required vs. window-size) is roughly 18% — you can miss ~1 day in 6 without losing rank.
Combined cap: Mining tier × Lockup tier, ceiling at 3.00×. Hitting Diamond + Tier 4 (90 d lockup) gives you maximum 3.00× weight on every vault distribution. Enforced at consensus, not at the wallet. Full details in the explorer rules page.

Mainnet on 2026-08-30.

We are in the unattended soak phase right now. The chain runs for 120 days, gets audited against its own history, and goes live.

2026-04-18 · soak start today, day 1 of 120 2026-08-30 · mainnet genesis
NOW · 2026-04-18
Soak running
120-day unattended test
2026-08-16
Post-soak audit
4-day chain review
2026-08-20
Launch prep
Thresholds + checkpoints
2026-08-30 00:00 UTC
Mainnet genesis
Block 0 · public

Three steps to a running node.
Everything else is optional.

Download the client, pick a wallet, leave it running. No sign-up, no account, no KYC — your address is your identity.

— STEP 01

Download & extract

Grab VeldClient-Windows-x64.zip from below. Extract anywhere on your PC. No install, no admin rights needed. The whole package is 4.2 MB.

— STEP 02

Double-click Start Mining

First run shows a four-option prompt: resume, import keyfile, paste a private key, or create a new wallet. Pick one — that becomes your miner's reward address.

— STEP 03

Leave it running

The node syncs with peers, then mining starts automatically. CPU spends about 100% of one core on VeldHash. Close the window to stop. Everything you earn lands at your address directly.

— FIRST LAUNCH

What you'll see

On the very first start-up, the binary prints a four-option menu right in the console:

[1] Resume previous session
[2] Log in from a keyfile (.veld-keys)
[3] Log in with a different VELD wallet
[4] Create a brand-new wallet

Your pick becomes the miner's reward address. It's encrypted to veld-data\miner.key with your passphrase. Back that file up before deleting anything.

— ADVANCED

Validator setup

Extra requirements if you want to endorse blocks for a share of the endorsement pool:

  • Stake the full 10 000 VELD max on one address
  • Register pubkey via wallet's Validators tab
  • Keep the node online 24/7 to endorse every block
  • Payouts cadence: every 144 blocks (~2.4 h)

One binary. Node, miner, validator.

The desktop client runs a full P2P node, mines blocks, and endorses as a validator — all in a single process.

VeldClient-Windows-x64

4.22 MB zip · self-contained · Windows 10 / 11 · runs without install. Extract and double-click Start Mining.bat.

↓   Download
SHA2563eaf8b6cc53f5a03eed9b24b38f82c34de3b0f189916d793f3dcc24b54e53f07
1
Extract the zip anywhere — desktop, C:\Veld, a thumb drive, wherever.
2
Double-click Start Mining.bat in the extracted folder.
3
Verify (optional) in PowerShell: Get-FileHash -Algorithm SHA256 .\VeldClient-Windows-x64.zip — match the SHA256 above.