Vitreus Announcements
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DAO operated L0 Blockchain | Digital Assets Powering AI & Self Sovereign Identity | DePIN Network
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📣 VITREUS x COMPLiQ®

Good morning/evening @everyone ,

Learn about Vitreus’ first mover paraChain partner, COMPLiQ *(pronounced COMPLY-Q)*, at the link below👇🏼.

https://compliq.ai

COMPLiQ will effectively position Vitreus as the blockchain for AI…. Bringing AI governance, cyber security, and compliance solutions to the Vitreus ecosystem. Huge synergies!

By leveraging Vitreus’ gVolts digital assets, COMPLiQ will be able to maintain a transaction usage billing infrastructure that can grow with its customers.

We. Are. Vitreus.
LETS GO!! 🫡
📣 Claiming & Staking Status

Total claims — 912
152,840,871.869 VTRS
% tokens claimed — 84.73%

Total stakes — 604
126,638,974.463 VTRS
% staked — 82.86%

gVOLT total supply
316,987.204 
📣 BUILD UPDATE

VIP/VIPP
— April 30
The added VIP tab (see main chat for figma screens) will be availbale in the vApp version update on April 30. At that point holders will be able to enroll in VIP/VIPP to begin the accrual of participation points. We will hold a VIP AMA in Discord next week. TBD.

Energy Broker/Warehouse
— May 15 *(delayed 2 weeks)*
This will be a fixed conversion utility for holders to swap their accumalted gVolts for VTRS. The gVolts will then be stored as managed reserves in the warehouse for when the DAO begins bringing parachain partners on.

vGovern
— May 30
The protocol is ready but the activation of the DAO’s goverance protocol has been delayed to allow for the devs ability to continue improving the network. Once vGovern launches, all system work has to go through vGovern and referrendums.

Snowbridge ETH Bridge
— June 8
The portal for bridging wVTRS <-> VTRS. The Ul portal for bridging assets between Ethereum and Vitreus will provide a streamlined interface for users to securely connect their wallets, select assets for transfer, and execute transactions. Users will be able to track their transactions in real time, with updates on verification and confirmation across blockchains. Additional features include notifications, access to detailed transaction histories, and integrated support tools for a seamless bridging experience.

🤯TRADING LAUNCH 🤯
TUESDAY JUNE 18 @ 9:00am EST
Wrapped VTRS erc20
USDC <-> WVTRS on Uniswap
______________

*Technical Tasks are as Follows:*
Achievements:
- Runtime update including migrations
- VIP/VIPP on chain
- Vesting unlock in progress
- Energy broker in progress
- vGovernance improvements
- Updated website

Plans:
- VIP/VIPP on chain release
- VIP/VIPP in vApp
- Energy broker

We. Are. Vitreus.
LETS GO!! 🫡
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📣 vApp Version 2.0.0

Good morning/afternoon,

I have just received word that the VIP tab is finished, yet requires some other on chain implementations such as Energy Broker which is finishing up development.

All updates are being packaged into a single vApp Version 2 for May 16, which will have to be submitted to Apple and Google again for approval (should go much quicker this time)

vApp Version 2.0.0 + Network Updates
1. VIP Tab
2. Energy Broker
3. Token Slashing (more info coming)
4. Bug Fixes

We are Vitreus.
LETS GO!!
📣 BUILD UPDATE

vApp/Systems Update — May 16
1. *VIP/VIPP*
2. *Energy Broker*
3. *Token Slashing* (I’ll explain how this works this week)
4. *Bugs Updates*
This is a pretty big update. VIP tabs are complete, token slashing logic is complete, and bug updates are ready. We are just waiting on devs to finish up work on the energy broker and run it through testing. We will be submitting the vApp Version 2.0.0 to the Apple and Google stores ahead of time so we have a time buffer built in to allow for approvals.

Validators
We have finally achieved full validation. All vNodes will be actively validating by late this evening. We have a very strong system and operators are implementing back up power solutions to increase the reliability of staking as well. Getting better every day.

vGovern — May 30
While we plan on launching vGovern on May 30, implementation is still contingent on how much work remains necessary to clean the bugs up. Remember once vGov is activated then all systems work has to be approve3d by referendum.

SnowBridge Bridge — June 8
Vitreus <> Ethereum bridge work is beginning this coming week. The code is already audited in which the report will be made available to the community within the next couple weeks.

erc20 wVTRS Token Contract
The work on finishing the token contract will begin on Monday. We will be using a proven preaudited contract for the token as there are no special arrangements required for this trading token. The audit report will be made availabe to the community in the next couple weeks.

Part 1 of 2
Part 2 of 2

*Below are the technical tasks completed:*
Achievements:
- Pagination bug fix for Marketplace
- Stake slashing in progress
- Added notification template for prod alerts with terraform code
- Configured prometheus for metics scraping
- Configured prod alerts with terraform code
- Cleared unused resources in Vultr
- VIP/VIPP in progress
- Energy rates in vApp in progress
- Energy Broker in progress

Plans:
- VIP/VIPP
- Energy Broker
- Stake Slashing
- Bridge
- Smart-contracts related to Public Trading

We. Are. Vitreus.
LETS GO!!! 🫡
@everyone
📣 REPUTATION

Did you know that ALL Vitreus users carry a reputation within the ecosystem??

BOTH Operators AND Stakers alike build and maintain a reputation score. This can be viewed on the Vitreus Explorer where each user can see their score in the address details section.

IMPORTANT NOTE
If you claimed your VTRS after April 24, you currently require a certain reputation score (7,398,066) in order to stake on a node. After a wait of 21.5 days, your reputation score would improve to qualify for staking.

This is being fixed
in the May 16 update. It was a logic error that provided 1/2 the amount of reputation to new accounts after April 24th so they were stuck waiting. When that is fixed and everyone’s reputation is leveled, then there should be no further issues with reputation calculations. Everyone will be reset to a reputation of 7,398,067 allowing anyone to move forward and stake immediately.

If you are having trouble with staking, this is likely the reason.

Thank you everyone for your patience as we continue to ready the system and network for trading.

We. Are. Vitreus.
LET’S GOO!! 🫡
📣 Mainnet NFT Claiming

Claiming will open on May 17 as planned. Claiming brings a workload related to preparation of data on chain that allows for claiming while avoiding gas on Ethereum.

As mentioned, noone was prepared for the rapid SELL OUT of the mainnet sale over the weekend, and devs are already on a strict timeline preparing for the vApp and System Update on May 16.

Additionally, the reputation fix, that I discussed in yesterday’s announcement above, is required for staking ability for new users anyways so there is no need to alter the project timeline.

Staying the course.

We. Are. Vitreus.
LETS GOO!! 🫡
📣 BUILD UPDATE

Good afternoon/evening @everyone ,

New vApp/System Update Release Date — May 21
We have had to make some modifications to VIP logic to help safeguard loss of VIP due to uncontrollable events, so I apologize for the brief delay.

All other dates remain the same.

⚠️ VIP FORCED EXIT ⚠️
Operators — Please see vNode channel in Discord

Cooperators/Stakers — Make sure to spread your stake out across multiple nodes to manage your risks. Always maintain an active stake for every wallet. Your VIP and VIPP will never be in jeopardy if you always have an active stake.

Examples —>
1. If you have 1 inactive stake and 1 active stake, you can claim your inactive without losing VIP status.

2. If they have 1 inactive stake and 0 active stakes, and you claim your inactive stake, you will lose your VIP status, triggering an early withdraw penalty and disqualification from VIPP. However, at any time before you sign that claim transaction, if you apply a new stake on a different node, you will be covered and will not lose VIP status.

A cooperator/staker will lose VIP and incur a penalty (which would also disqualify them from VIPP) if they meet all of the following requirements:
1) they claim their inactive stake after the 7-day chill
AND
2) they have no other active stake


NOTE It is always safe to keep some VTRS available in your wallet in case you need to establish an emergency active stake.

============================

*Technical Tasks are as follows:*
Achievements:
- Pagination bugfix on Explorer
- Energy broker implementation
- Bridge in progress
- vNodes troubleshooting
- VIP/VIPP
- Cleared unused resources in Cloudflare and Vultr
- Setting up alerting and monitoring
- Architecture doc updating
- Presale snapshot
- BatchAll script preparation

Plans:
- Bridge
- wVTRS
- VIP/VIPP
- Testing snapshot+script on Testnet

We. Are. Vitreus.
LETS GOO!!! 🫡
📣 Build Update

Good afternoon/evening @everyone ,

A lot of new work commenced this past week. The BridgeHub ParaChain, COMPLiQ ParaChain, SnowBridge, and wrapped token development is all under way.

The comprehensive Certik Audit and pentesting of Vitreus Chain and vApp are also underway.

*Timelines all remain the same:*
- Submit Final Files to App Stores: May 20 early am
- vApp & Systems Update: May 21
- Claiming and Staking: May 22
- vGovern Activation: June 1-8
- Bridge Dev Complete: June 8
- Bridge/Hub Testing (+Certik): June 11-24

WVTRS PUBLIC LAUNCH — JUNE 18

=======================
Vitreus Relay Chain
*Achievements:*
- Prepared infrastructure documentation
- Checking billing costs
- Redeploy dev DBs
- XCM in progress
- VIP/VIPP

*Plans:*
- BridgeHub implementation
- wVTRS
- VIP/VIPP
- Preparing documentation
- Redeploy dev DBs
- Adjust helm charts

Vitreus ParaChains <> COMPLiQ/INTERCEPT
*Achievements:*
- Finalize extrinsics for Security incidents and events
- Reorganize runtime storages
- Add pruning logic

*Plans:*
- Refactor dockerization for Vitreus data storage parachain to be ready to initial deployment to dev environment
- Prepare documentation for new INTERCEPT pallet

We. Are. Vitreus.
LET’S GOOO!!! 🫡
📣 Audit & Testing Reports

We have begun building our Due Diligence Repository for holders and interested parties.

Please access Audit and Pen-Testing Reports at the following link:

https://drive.google.com/drive/folders/1qo1aQaN5f2hgITrrPU6uyDS2OSs3UyBp

The council will notify the community every time a new report or file is added for public review.

Thank you for your thorough due diligence of Vitreus. 🫡
@everyone

The updated Manifesto is here!!!

Check it out and let us know what you think!
📣 Vitreus Multi-Platform AMA!

Join the Vitreus DAO Council tomorrow, Thursday May 23rd, for a Multi-Platform AMA featuring
Taylor, Core Contributor, and Andrei, Councilmen and Blockchain Domain Expert, as we discuss:

✳️ Vitreus
✳️ Our future
✳️ Blockchain innovation

We can not wait to connect with you all!
Bring your friends!

And Don't Forget to Mark Your Calendars:
🗓️Wrapped Token Trading on UniSwap June 18th

We. Are. Vitreus.
🫡
📣 MAINNET SALE CLAIMING IS OPEN!!!

Congratulations!!

The Mainnet stage of claiming is open and is ready to proceed to https://claiming.vtrs.io/

Please find claiming instructions at
https://jvhub.net/vitreus/claiming.pdf

Staking will become available as soon as the new vApp version is released. Please do not attempt to stake yet.

If you encounter an issue along the way please open a ticket in discord and a team member will assist you as soon as possible.

Happy claiming!!

We. Are. Vitreus.
LETS GO!!! 🫡
Forwarded from Chad Justice
📣 vApp v2.0.0 LIVE

Congratulations everyone,

Our first vApp update v2.0.0 is now ready for downloading in both the Apple and Google stores.

Before you attempt to do anything, know that we are still waiting on 2 items:

1. Seeding the Energy Broker with VTRS from the Staking Pool
2. There is a bug connecting to marketplace that we will ge worked out tomorrow

VIP enrollment is perfectly functional and you may proceed with that as you wish.

NOTE:
*If you attempt to swap with the broker you will use 1 gVolt and receive nothing in return.*

We. Are. Vitreus.
LETS GOOO!!!
Good morning everyone,

Anyone who has a stake being held in “Inactive Stake”, you are now safe to unstake and enter your 7-day chill. There will not be an adverse effect on your VIP by this action.

NOTE: As always, please DO NOT use the “Exit VIP” button in the VIP tab unless you are prepared to exit the VIP program.

Thank you for your patience while we continue to improve the system and prepare for public trading.

We. Are. Vitreus. 🫡
📣 CertiK Update

Good morning/afternoon @everyone ,

We received the preliminary Certik vApp Pen-Test Report Back:
- 3 Informational issues
- 5 Low issues
- 0 Medium
- 0 High
- 0 Critical

BRAVO!!!!
We are determining a course of action on remediation.

The Blockchain Audit is finishing up also and no new issues have been found since my last report. We should have all reports by EOD June 5.

Secondly, we just initiated their KYC Badge service which is the pre-cursor to the co-marketing program and exchange intros.

We will cooperate to the fullest on KYC to ensure we get the highest score possible. It will matter significantly on our final Certik security score.

The entire Vitreus team and devs have done an INCREDIBLE job in building our ecosystem. Amazing results!! 🫡🫡


PLEASE GO VOTE FOR VITREUS BELOW
https://skynet.certik.com/projects/vitreus
📣 CertiK Gold KYC Badge

Congratulations to the Vitreus Community for earning the highest level of KYC clearance from CertiK.

This will open the door to a co-marketing opportunities with CertiK and allow us into a fast track referral program towards an OKX CEX listing.

More details to come! 💪🏻

We. Are. Vitreus.
LETS GO!!!
@everyone