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.
- VX holders receive daily dividends from a shared dividend pool which aggregates the trading & listing fees accumulated by ViteX and redistributes back to VX holders.
- VX holders have voting right on ViteX governance.
- Total supply： 100 million (No inflation)
- Distribution：VX will have no private sale nor public sale. The only way to obtain VX is through mining. VX can be mined in five ways:
- Trading as mining: whenever a trader takes an order off the order book, they get VX.
- Staking as mining: by staking VITE for the benefit of ViteX for minimum 3 days, users receive VX as a reward.
- Referring as mining: for every friend that you bring to trade on ViteX, he or she enjoys 10% discount on trading fee and you are rewarded with VX
- Market-making as mining: place orders to boost liquidity on ViteX and get rewarded with VX.
- Listing as mining: a user that lists a new trading pair receives VX.
Release schedule：100 million VX will be released over the course of two years at a fixed percentage rate.