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Cobo to become a Mjolnir Economic Node on VeChain

Cobo is proud to announce that it is taking on the role of a Mjolnir Economic Node for the VeChain Thor ecosystem. To become a Mjolnir node, one must hold over 15,000,000 VET. There are several types of nodes including: ● Mjolnir Node - Holding at least 15,000,000 ● Thunder Node - Holding at least 5,000,000 ● Strength Node - Holding at least 1,000,000
Cobo Wallet • December 20, 2018

Cobo Wallet invites all users to join us on this journey. To celebrate, for a limited time, users can earn up to 27% annually in VTHO for staking their VET in Cobo Wallet!

text Between December 18th to 21st (12:00 UTC+8), users will earn 12% annually for staking their VET in Cobo Cloud Wallet. On top of that, they also earn 15% annually through VET’s natural generation of VTHO. After the event period has passed, users will earn 8.8% annually for staking plus 15% through natural generation, resulting in a compound rate of up to 24%. Returns accrued by the increased staking rate will be paid within 3 working days after December 28.

Store your VET with Cobo Wallet today to start earning!


What is VET? VeChain is a blockchain project focused on supply chain management which aims to build “a trust-free and distributed business ecosystem to enable transparent information flow, efficient collaboration, and high-speed value transferring.” VET has been around for over two years and has working product – still a rarity in crypto these days. Several companies in industries including luxury products, logistics, food/drug, and agriculture, as well as some government entities are already using VeChain’s technology. On the VeChain platform, you can track items through as they journey through a supply chain, ensuring the authenticity and quality of the goods, and maintain better quality control over perishables, such as food products.

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