[ANN] 70,671,192.1 VX Burned. New Total Supply 29,328,807.8 VX
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To comply with the community-determined VX release schedule, 70,671,192.1 VX were burned on Dec 7. The new total supply of VX is 29,328,807.8, which will be distributed over the course of 8 years.
Starting from Dec 7, daily distribution of VX will increase continuously for 90 consecutive days, as it rises from 10,000 VX per day on Dec 7 to 50,000 VX per day on Mar 6, 2020. Then Starting March 6, 2020, annual VX distribution will decrease by half each year until the end of the 8th year. Details are shown in the graph below:
You can access information on total VX supply after the token burn here:
https://explorer.vite.net/token/tti_564954455820434f494e69b5Team ViteX
Dec 7, 2019Official: https://www.vite.org/
ViteX Official: https://vitex.net/
Instagram: https://www.instagram.com/vite.labs/?hl=en
Twitter: https://twitter.com/vitelabs
Vite Forum: https://forum.vite.net
Telegram: https://t.me/vite_en
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maybe update the VX Wiki page? https://vite.wiki/dex/one-page.html