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Topic: [ANN][100% Mineable][No ICO][No Pre-mine]VX Coin - The native token of ViteX DEX (Read 2375 times)

legendary
Activity: 2282
Merit: 1041

An update for this project is that $VDAO Tokens are to be airdropped to $VITE holders (1:1 ratio).

In a strategic move to amplify community engagement within the Vite ecosystem projects. Vite DAO unveils a transformative proposal introducing the $VDAO token.
Acknowledging the challenges faced in securing substantial support for proposals, this initiative aims to overcome these hurdles by distributing the VDAO token through a 1:1 airdrop ratio to existing VITE holders.

Learn more about what the VDAO can do and what it can achieve for the project.
Read more https://medium.com/vitelabs/vite-dao-proposal-for-vdao-token-airdrop-6da5bf905ed7
member
Activity: 202
Merit: 15
Since June 23, the XGM / BTC trading pair has been added for mining when using the Marketing specified by the VGATE operator
https://forum.vite.net/topic/3956/ann-trading-pair-xgm-btc-enabled-with-market-making-as-mining

hero member
Activity: 3038
Merit: 617
⚠️ Hello community! If someone does not know about the possibility of getting a lifetime discount -10% and an additional multiplier for mining VX! Take it now. ✅
ViteX invitation code: 858874466


I just got into the exchange I was trying to login, it's very slow.

The exchange's referral system is also complicated that an invitation code has to be created. But in all fairness, the exchange has a considerable amount of volume. This has got to be one of the dex that has a great potential one day.
NRZ
sr. member
Activity: 932
Merit: 286
Proof-of-Stake Blockchain Network
⚠️ Hello community! If someone does not know about the possibility of getting a lifetime discount -10% and an additional multiplier for mining VX! Take it now. ✅
ViteX invitation code: 858874466
sr. member
Activity: 1274
Merit: 263
Is this coin is available now to mine? The OP said one of his post that it could be available on August, It's December today and I haven't see any update about how to mine this coin also the algorithm, I didn't see also some mining operator that has been post their offers.
the definition of mining here is not the same as bitcoin. in here staking, referring, listing, trading is mining.
vx coin can be produced only by those mining methods, you can not mine it using hardware. the team is very active in their group, go there if you want to get the answer to your question.
hero member
Activity: 2100
Merit: 562
Is this coin is available now to mine? The OP said one of his post that it could be available on August, It's December today and I haven't see any update about how to mine this coin also the algorithm, I didn't see also some mining operator that has been post their offers.
jr. member
Activity: 31
Merit: 4
Deposit of some Grin are not possible, any fix?

"Something went wrong with gateway node, please check your network settings"

Beam deposit are done.
copper member
Activity: 110
Merit: 10
sr. member
Activity: 1274
Merit: 263
a major upgrade will happen on december 6 https://medium.com/vitelabs/70-million-vx-and-4-million-vite-will-be-burned-with-important-upgrade-for-vitex-9c766d5a3de
the second phase will happen after the hardfork and the team says it is very likely for it to happen this month.
sr. member
Activity: 422
Merit: 250
There is no news regarding the next mining phase? what happened?
two months has passed but nobody is updating the news here, it would be better for the team lock this than leaving it like this.


We are currently working on next dex upgrade. Next DEX version will start the next mining phase. I can't actually confirm a time of release. Maybe on the end of 2019.

Well, that is quite far ahead. Can you tell me the exact Vitex total coin in circulation right now?
From the website, I found Total Mined Vx = 520000 Vx. Is this our total coin in circulation right now? because I heard there was a mining phase before it launched.
and keep updating this thread, do not abandon it because it will bring visibility to the project.

The total coin in circulation is shown on vitex.net. The data is right.

-- "I heard there was a mining phase before it launched"

  All vx is no pre-mine.

We will keep updating on this thread.
copper member
Activity: 110
Merit: 10
There is no news regarding the next mining phase? what happened?
two months has passed but nobody is updating the news here, it would be better for the team lock this than leaving it like this.


We are currently working on next dex upgrade. Next DEX version will start the next mining phase. I can't actually confirm a time of release. Maybe on the end of 2019.

Well, that is quite far ahead. Can you tell me the exact Vitex total coin in circulation right now?
From the website, I found Total Mined Vx = 520000 Vx. Is this our total coin in circulation right now? because I heard there was a mining phase before it launched.
and keep updating this thread, do not abandon it because it will bring visibility to the project.

Hello, we have't got any pre-mining. VX mining was started on September 9. And yes, we'll definitely going to update this topic, thanks!
sr. member
Activity: 1274
Merit: 263
There is no news regarding the next mining phase? what happened?
two months has passed but nobody is updating the news here, it would be better for the team lock this than leaving it like this.


We are currently working on next dex upgrade. Next DEX version will start the next mining phase. I can't actually confirm a time of release. Maybe on the end of 2019.

Well, that is quite far ahead. Can you tell me the exact Vitex total coin in circulation right now?
From the website, I found Total Mined Vx = 520000 Vx. Is this our total coin in circulation right now? because I heard there was a mining phase before it launched.
and keep updating this thread, do not abandon it because it will bring visibility to the project.
sr. member
Activity: 422
Merit: 250
Why is the stake rate so bad??? 1000Vite to stake 0.01VX??? That is ridiculous. How long is that counting the stake for? A day? That is so low you may as well not have it.  So 1/2000 each day?
Or 0.05% daily.

I read that we can mining VX coin with VITE coin, can i mine VX coin for now ?
If it has not starting, do you have any date on planning to launch the VX mining with VITE coin ?

It is staking really not mining. Yes, it is a way to mine but essentially it is staking.

Because so many people are staking for vx.
sr. member
Activity: 422
Merit: 250
There is no news regarding the next mining phase? what happened?
two months has passed but nobody is updating the news here, it would be better for the team lock this than leaving it like this.


We are currently working on next dex upgrade. Next DEX version will start the next mining phase. I can't actually confirm a time of release. Maybe on the end of 2019.
sr. member
Activity: 422
Merit: 250
They have a good news about burning Vite from trading fees. But I can't understand why they decreased VX rewards for holding Vite? This was just 15% and now only 10%  Huh Shocked

Because the value of VX is from Dividend Fund. So we want people to do more trading or to do market make. The staking as mining will decrease to 10%, market make as mining will increase to 15%, trading as mining will increase to 65%.
hero member
Activity: 1610
Merit: 508
They have a good news about burning Vite from trading fees. But I can't understand why they decreased VX rewards for holding Vite? This was just 15% and now only 10%  Huh Shocked
sr. member
Activity: 1274
Merit: 263
If you are holding VX Coin right now, you should participate in the voting of mining curve phase.
It determines the total coin will be mined in the following time, the more coin will be generated in the future the lower the price will be.
read the release curve detail and make your vote here https://medium.com/vitelabs/vote-of-vx-release-curve-7fc9ed304590
sr. member
Activity: 1274
Merit: 263
There is no news regarding the next mining phase? what happened?
two months has passed but nobody is updating the news here, it would be better for the team lock this than leaving it like this.
hero member
Activity: 966
Merit: 535
Why is the stake rate so bad??? 1000Vite to stake 0.01VX??? That is ridiculous. How long is that counting the stake for? A day? That is so low you may as well not have it.  So 1/2000 each day?
Or 0.05% daily.

I read that we can mining VX coin with VITE coin, can i mine VX coin for now ?
If it has not starting, do you have any date on planning to launch the VX mining with VITE coin ?

It is staking really not mining. Yes, it is a way to mine but essentially it is staking.
sr. member
Activity: 1274
Merit: 263


There seem to have a volume I see in the market, this is could go on and work.  How much is the value of VX right now in the market? I looks like guest are not welcome to see the price of VITE and VX. This is DEX, please tell us that there is no need for KYC from traders. Registering is a pain already.

You do not need to do any KYC here, but you need a phone to create the wallet. Currently, they only allow you to create the wallet from the phone and after creating the wallet you need to connect it to the exchange. Yes, you are able to see the price without connecting the wallet because I can see it too.
go here https://x.vite.net/trade?symbol=VX_VITE&category=VITE to check VX price.
Vx current price is around 54 Vite/Vx
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