# ViteX Coin (VX)
A decentralized exchange built on the Vite public chain. The world's first DAG-based decentralized exchange.
ViteX is of the community, by the community, for the community.
- Eligible to daily dividends. 100% fee income of ViteX are distributed to VX holders.
- Eligible to ViteX's governance by voting.
- Total supply (Never Inflated): 29,328,807.8
- Distribution：There was no private or public sale. Mining is the only source of VX, which can be done in the following ways:
- Trading: Whenever a trader takes an order off the order book, they get VX.
- Staking: By staking VITE for the benefit of ViteX for minimum 3 days （7 days locking required upon retrieval）, users receive VX as a reward.
- Referring a friend: For every friend that you bring to trade on ViteX, they enjoy 10% discount on trading fee and both of you are rewarded with VX
- Market-making: Place orders to boost liquidity on ViteX and get rewarded with VX.
- Listing a trading pair: A user that lists a new trading pair receives VX.
Release schedule：29,328,807.8 VX will be released over the course of 8 years as follows: