The VITE Coin
About VITE Coin
VITE is the native coin of Vite’s public chain.
VITE is the fuel powers transactions on Vite’s chain. Unlike the traditional fuel (gas) which is consumed on other public chains such like Ethereum, VITE is used to stake for computational and bandwidth resources, and can be retained at no cost once transactions are complete - and that means free!
VITE is currently listed on many top tier exchanges for purchase.
Token Distribution
Coin: VITE
Issuance Date: June 15, 2018
Initial Total Supply: 1,000,000,000
User Scenarios
Receive Quota
Unlike most blockchains, Vite has implemented a zero-cost, quota-based transaction model to replace "Gas" that has widely been used in Ethereum and others. In the Vite network, it will cost Quota to initiate transactions and the Quota consumed will be refilled over time. Users can stake VITE coins to get Quota.
Stake as Mining
On the ViteX exchange, users can mine platform token VX by staking VITE. Staked VITE coins can be retrieved in three days and is locked for seven days before coins credited to each user's account. Please note that there are no rewards during the retrieval time mentioned above.
Vote for SBP
Users can vote for SBP and enjoy voting rewards. Unlike staking, voting does not lock the assets. View the latest SBP list who distribute voting rewards on the Vite forum and vote for the best!
How To Buy VITE Coin
Purchase in the following exchanges
Become a Snapshot Block Producer (SBP)
Stake 1 million VITE to become an SBP and earn SBP Rewards.
Run a full node and share the daily Full Node Rewards.
Run a full node and share the daily Full Node Rewards.
Vote for SBP
VITE holders can vote for an SBP and enjoy voting rewards. View the latest SBP list distributing voting rewards on our Vite forum or contact our community managers for more information.
Download the Vite App
Our Vite App is an open-source multi-chain Hierarchical Deterministic (HD) wallet supporting crypto such as VITE, ETH, ERC-20 tokens, BNB, GRIN, and much more.
The app also have a built-in decentralized exchange (DEX) for instant trading and mining.
Our app has been recommended by leading crypto mining and staking pools such as BTC.com, Sparkpool, F2Pool, Luxor, and many more.
