We have received a significant amount of positive feedback on the updated rules of market-making as mining. To further encourage the mining experience, we will introduce the second batch of trading pairs to be eligible starting 7 am UTC+0 November 21, and adjustments to the mining range of trading pairs VITE/BTC, VITE/ETH, and VITE/USDT. See details below:
New Eligible Trading Pairs
Starting 7 am UTC+0 November 2, traders will receive VX for both buy orders and sell orders placed within the mining range on the following trading pairs, and the PASC/BTC trading pair is no longer valid for receiving mining rewards with trading.
Adjusted Mining Range for Selected Trading Pairs
The mining range for trading pairs VITE/BTC, VITE/ETH, VITE/USDT has been increased from 5% to 15%, and mining range for other pairs remains the same.
The ratio of VX rewards from buys versus sells is capped. When the ratio hits the cap, if one continues to place buy orders, their VX rewards will NOT be increased.
The ratio of VX rewards from sells versus buys is also capped. When the ratio hits the cap, if one continues to place sell orders, their VX rewards will NOT be increased.
Suppose that the BTC market has only GRIMM/BTC trading pair and all orders are placed for 24 hours, a total of 250 VX will be allocated as mining rewards. Consider five scenarios as follows:
The mining calculation is conducted as follows:
The Base Number of 1 user on one market in a day = the sum of all Base Numbers of every single order of that market. Here, the Base Number (m) is subject to three factors: the order time (T), the order amount (A), and the mining coefficient (y). That is, m = T * A * y (T ≥ 300 seconds)
The sum of the Base Number on one market in a day = the sum of the Base Numbers of all eligible orders on that day. That is, M = m1+ m2 + m3 + …..mn
Mined VX of 1 user = m / M * 2.5% * VX daily released amount on that day
Note: Mining ranges may be subject to future adjustment.
ViteX Official: https://vitex.net/
What official campaigns did ViteX launch recently? Come join and win rewards!
One of the benefits of building a decentralized exchange is that it can be used anytime, anywhere, by anyone…or anything.
Introducing the “My ??? Uses ViteX Campaign,” where ViteX users get rewarded for posting a picture or short video of an unexpected something or someone using ViteX!
Get creative! Ideas include, but are by no means limited to: My Grandma uses ViteX, My Cat Uses ViteX etc…. Costumes are welcome (and even encouraged).
The possibilities are endless, we can’t wait to see what you guys come up with!
Duration of Campaign
This campaign will last for 4 weeks beginning on Monday, September 16 at 12:00 AM PST and ending on Sunday, October 13 at 11:59 PM PST.
There will be four rounds spanning the course of 4 weeks:
Round 1: 12:00 AM PST September 16 to 11:59 PM PST September 22
Round 2: 12:00 AM PST September 23 to 11:59 PM PST September 29
Round 3: 12:00 AM PST September 30 to 11:59 PM PST October 6
Round 4: 12:00 AM PST October 7 to 11:59 PM PST October 13
Each week, individuals can submit one entry during the times specified above. Please note that there should only be one submission per individual. Evidence of multiple submissions per individual will result in automatic disqualification.
Post a picture or a short video on Twitter of someone or something using ViteX. In order to be considered for rewards, the tweet must meet the following criteria:
Include the following tags: @Vitelabs, @ViteXExchange and #ViteXisForEveryone
Include ashort caption about why your something or someone is using ViteX OR why you like ViteX (again, feel free to be as creative here as possible). A cleverly written caption may or may not contribute to the overall likeable-ness of your post.
If you post a picture, it must be clear in the picture that the screen is displaying a page unique to ViteX. Additionally, the submission must be of an original photo. If evidence of photoshopping and/or other photo alterations is found, the entry will be automatically disqualified.
If you post a video, it must be no longer than 10 seconds in order to be eligible for rewards.
After you post on Twitter, you must also submit your entry on this Google Form by the end of the week. Tweets that do not have a corresponding Google Form submission will not be eligible for rewards.
BE SURE TO SUBMIT YOUR ENTRY ON TIME. The cut-off time for each round will be strictly at the times mentioned above. If you submit your post after the cut-off time, it will not be considered.
All entries will be judged by the Vite Labs team. The team reserves the right to interpret all final results.
Total reward allocation: 2,500 VX
Each week, the top 3 video and photo submissions with the most likes AND the top 7 most creative video and photo submissions (as determined by the Vite Labs team) will receive 50 VX each within 2 business days. AGAIN, PLEASE BE SURE TO SUBMIT YOUR ENTRY ON TIME.
For example, submissions for each round will be accepted from Monday through Sunday. Winners will be determined and rewards will be distributed by end of day on the following Tuesday.
At the end of the campaign, the Vite Labs team will choose their favorite submissions and the remaining 500 VX will be evenly distributed between those winners.
ViteX Official: https://vitex.net/
Vite Forum: https://forum.vite.net
Sri Lankan: https://t.me/vite_sri_lankan
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Out More Information , Trading Platform
Hello, at present we do not support the transfer to ETH through smart contract, but we have confirmed that we have received this ETH and transferred to your Vite address, please check.
In the recent, it is better to use address-to-address. Of course, if you can tell us how you operate, it is better, we can further optimize according to the information you provide.
1)went to the exchange, authorized.2)transferred vite tokens from the wallet to the exchange (with all confirmations)3) placed a sell order just below the market and left.When again authorized on the exchange, the price rose, and the usdt I did not get.Tokens vite also gone(on wallets they are not)
@Masa_CSJ said in About display trouble of ViteX Order History:
The first page is displayed but the second and subsequent pages are not displayed.
When the page transition button is pressed, it moves to the next page of the pressed page.
Also, the order history is only updated several times per page movement and is not displayed correctly.
Are you troubled by the same issue after ViteX is live? Which is Jul 30.