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 10 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
SHA256 · 2b8c17a8…c346c531e
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.