VX
VX can be understood as a “proof-of-equity” on the ViteX platform, which is a standalone application running on the Vite blockchain. ViteX has its own incentive model to encourage user trading. The value of VX is positively related to the user and transaction volumes on ViteX. This will not affect the value of VITE, which is related to the Vite public chain.
The value of VITE and the Vite chain increases as more dApps are run on Vite. VITE and VX are connected in some ways. For example, if VITE is staked as mining, VX can be earned for it. This means that resources on Vite can be used for transactions on ViteX. Both coins VITE and VX can be found om CMC. VITE is Dpos, VX is a token on Vite Chain. Max supply of VITE is 1 bill + 3%infaltion - burning. VX 28mil.

New biweekly report is out. Check our V3.7.0 wallet upgrades and other actives here!

https://medium.com/vitelabs/vite-bi-weekly-report-dc7142fd922b

Vite will cooperate with OKChain, the blockchain of OKEx, to develop a decentralized trading ecosystem together. Look forward to having OKT on ViteX exchange!

https://www.okex.com/academy/en/vite-okchain-ecosystem-cooperation-proposal

Vite is excited to announce our plan to integrate with Chainlink, the market leading decentralized oracle network.

Chainlink's vast array of oracle features and services will be critical for launching our various products that require off-chain data.

https://medium.com/vitelabs/vite-labs-announces-plan-to-use-chainlink-for-its-decentralized-oracles-afa0806dff51

Vite tech series:
1. An Introduction to Vite Asynchronous Architecture https://medium.com/vitelabs/an-introduction-to-vite-asynchronous-architecture-2453579b2bf9 https://medium.com/vitelabs/tech-series-3-the-design-and-implementation-of-vitex-contracts-2226ff168df2
2. The Interpretation of DAG technology on Vite https://medium.com/vitelabs/interpretation-of-dag-technology-on-vite-987a7530534a
3. The Design and Implementation of ViteX Contracts https://medium.com/vitelabs/tech-series-3-the-design-and-implementation-of-vitex-contracts-2226ff168df2
4. Learn the design and implementation of ViteX back-end service https://medium.com/vitelabs/tech-series-4-design-and-implementation-of-vitex-back-end-service-f353903ce92d

Yes, we are working on this. Thanks for support!

Starting 7am UTC April 1, pair ANKR/BTC will be eligible for mining through both trading and market-making.
A week of special event to receive 3X $ANKR MM rewards will also start on April 1.

Find more details in this article: https://forum.vite.net/topic/3632/ann-ankr-btc-eligible-for-trading-as-mining-and-3x-mm-mining-rewards-for-one-week?_=1585641674304

This is a very broad question. But in general, the main functionality is concentrated in the Vite wallet and is built around VITE and VX coins, networks and ViteX exchange.

Functions: Staking, Voting for Super Nodes, Launching Nodes, Trading on the ViteX Exchange, Mining on the ViteX exchange.

There is no maximum.

Vite does not charge transaction fee. Instead, an amount of quota is consumed when sending transaction. All operations, including transfer, deploying smart contract, calling smart contract, issuing token, registering SBP, retrieving mining rewards, voting and staking, consume quota. To meet this requirement, a unique quota generation and consumption model is implemented in Vite network.

To get quota for your account, you can:

- Obtain a piece of small, one-time quota by calculating a PoW puzzle upon sending transaction, or
- Stake VITE coin.

More info here https://vite.wiki/tutorial/rule/quota.html#what-is-quota

You can check actual info in Play Market and App Store.

Referring is is one way of mining. Check this article for details https://medium.com/vitelabs/announcement-vx-mining-official-start-date-e66900b10888
All $BAN coins allocated for mining will be distributed.

Vitex Exchange listed BANANO few months ago already, and previously we did a BANANO airdrop to all Vite Wallet users. Due to the huge success and demand, and since Vitex meanwhile is one of the more liquid BANANO exchanges, we’re now doing a second airdrop round! Make sure to claim your share of 5 Million Banano every 24 hours! Instructions below!

Now here’s how to claim your share of the 5 Million BANANO airdrop with the Vite wallet:
For this second airdrop round, the BANANO team has provided a total of 5 Million BANANO for distribution amongst all users of the Vite Wallet app, which also can be used for trading at the Vitex Exchange. Here’s how you can claim your daily share of this airdrop, starting March 3rd, 2020, 9 AM UTC:

Step 1: Download the Vite mobile wallet app (android or iOS) from https://app.vite.net/ or the Google Playstore or Apple App Store.

Step 2: Create a wallet, and save the recovery phrase/private key!

Step 3: In the wallet app, click on discovery (the little planet at the bottom of the screen):



Step 4: Click on the circle (? BAN) above ‘Hit to claim’:



Step 5: Complete the social tasks and familiarize yourself a little with BANANO. When you’re done, click on ‘Done with missions’.



You’re all done! You will be able to claim a total of 88 BANANO every 24 hours until the cap of 5 Million BANANO is reached! Stay tuned for updates!
Note: Some older phone models might not be supported. Generally, if you have technical issues please contact Vite directly for help. Also, it can take up to 24 hours after downloading the wallet app before you can start claiming the airdrop.

Yes, Trading is Mining. But not all trading pairs are suitable for it. Pay attention to the Shovels icon near the pairs.

Correct, you also need to Stake your VX coins, in order to get dividends. Min is 10 VX.

Wonder how safe your assets are when depositing via Vite Labs gateway? The penetration test tells you they are ★★★★★ secure!

https://medium.com/vitelabs/vite-labs-gateway-senior-penetration-test-report-9d6b55d967be

Vite Plus platform has created a prototype to track donations for fighting the epidemic COVID-19. https://medium.com/@viteofficial/vite-plus-donation-platform-a-prototype-to-track-donations-for-fighting-covid-19-e585b9d1d789


On March 28th, Vite partnership with Syracuse in New York was announced. The plan of deploying a city coin to Syracuse was approved by the mayor of Syracuse. Watch the video HERE!
https://www.youtube.com/watch?v=-f_CiqfjGJU

Very simply, all fees collected on the ViteX are distributed among the holders of the VX (ViteX exchange coin)

AMA started from here: https://t.me/vite_en/228062

Burning is based on the collected fees in VITE trading pairs on the Vitex.net exchange

Distribution of XBG coins is completed. Stay tuned so you don't miss a new airdrop!