Overview of the vote rewards , staking vite, staking vx for dividends



  • Overview of the vote, staking VITE, staking VX rewards

    SBP voting rewards

    How to vote for SBP

    Open Vite app > press on VITE >>Vote>>>choose the SBP and press vote (close run POW message, which should appear on upper blue window successfully voted)

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    Which SBP gives daily rewards?
    Remember only those SBP gives rewards, it may change any time, (those are community SBP)
    List of SBP that gives rewards: N4Q, XS_Fund, v666fun, vite.NO1, BeautyVite, N4Y, SwissVite.org, vite.bi23, Elegance Vite
    Rewards
    These are some of the examples done by Oleg Vite CM Lead
    you can follow Oleg on twitter for daily updates

    https://twitter.com/olegenthusiast/status/1264307960794267648?s=21, rewards for 1000 VITE.
    The more VITE you have in your wallet the higher rewards you get.
    The number of total votes effect. The higher number of total votes the smaller rewards you will get, total rewards shared to all voters.

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    Staking VITE rewards
    A user can stake VITE at ViteX and get daily rewards in VX, more info about VX: https://vitex.net/faq/.

    Staking VITE rewards distribution daily at 12 pm UTC+8, distribution is made by a smart contract.
    You can retrieve your staking VITE after 3 days, and there are 7 days waiting period for your funds to arrive at your ViteX account. No rewards during the waiting period.

    How to calculated your VITE staking rewards?

    VITE staking rewards depends on daily VX release for staking and total VITE staking amount, which can be seen at ViteX.net. The minimum amount that you can stack is 134 VITE.

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    How to stake VITE?

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    Example:
    If you have 1000 VITE staked, your VITE staking rewards can be followed:
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    The annual ROI currently for $100
    How to calculate your Roi (based on VITE price today VITE= 0.01321 $):

              If you want to invest $100, you can buy now 7570 VITE at the current price.
    

    Staking your 7570 VITE gives you daily 0.465 VX (VX price today is 0,185 USDT ) which is 0.0837 $ >>> your $100in a year from staking VITE $29.7 it can go 2x upper if VX price get higher or you bought VITE cheaper than the base of this calculation price.
    Currently, the ROI is 29%. Note the ROI changes depends on the price of coin.

    Staking VX for dividends

    • Staking VX you get daily dividends in BTC, ETH, and USDT.
    • Dividends pool are collected from the base trading fees on ViteX exchanges and total VX staking amount (check details at ViteX dashboard vitex.net)
      For more info about dividends, please check https://vitex.net/dividend
    • The minimum 10 VX required to be eligible to receive daily dividends.
      Remember you can staking minimums 1 VX but to retrieve. it is required to have at least 10 VX. You can cancel staking right after VX submit, there will 7 days waiting period, no rewards during the waiting period.
      Rewards distribution time daily 12 pm UTC+8.

    How to stake VX?
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    Dividends calculation

    Dividends depend on trading fees and total VX staking amount (can staking or cancel any time). Which aren't fixed numbers, so there is no crystal accurate %.
    All fees collected by the ViteX platform will be collected into a shared dividend pool and distributed at a rate of 1% daily. For any given day, the total fees collected during that day will be fully distributed by the 100th day.

    BTC dividend
    1% BTC dividends = BTC pool/100 (1)
    Then dividends = (1)/total VX staking (2)
    Your dividends in BTC = your VX staking amount *(2)

    ETH dividend
    1% ETH dividends = ETH pool/100 (1)
    Then dividends = (1)/total VX staking (2)
    Your dividends in ETH = your VX staking amount *(2)

    USDT dividend
    1% USDT dividends = USDT pool/100 (1)
    Then dividends = (1)/total VX staking (2)
    Your dividends in USDT = your VX staking amount *(2)

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    Example

    If you staking 1000 VX, see details on the above dashboard.

    BTC dividend
    BTC dividend
    BTC pool= 11.45451567
    Total VX staked = 6403348,87
    1% BTC dividends = 11.45451567/100 = 0.11454157 (1)
    BTC dividends = 0.11454157 /6403348, 87 = 0.00000002 BTC (2)
    Your dividends in BTC= 1000 *0.00000002 = 0.00001789 BTC

    ETH dividend
    ETH pool= 480.46865327
    Total VX staked = 6403348,87
    1% ETH dividends = 480.46865327 /100 = 4.8046865327 (1)
    ETH dividends = 4.8046865327/6403348, 87 = 0.00000075 ETH (2)
    Your dividends in ETH = 1000 *0.00000075 = 0.00075034 ETH

    USDT dividend the same calculations
    USDT pool= 86690.933636 USDT
    Total VX staked = 6403348,87
    Your Your dividends in = 0.13525788 USDT

    Staking VX ROI after 1 year
    VX staking ROI. In case vol keeps the same as today and all VXreleased by 27.05.2021staking (no trading VX at all)
    Let’s calculate VX staking ROI in the lowest that it could be (vol keeps the same and all VX has been staked)
    Check VX release details here: https://forum.vite.net/topic/3368/vx-daily-releasing-data.

    Keep into account, not all VX are staked and volume trading of ViteX fluctuates.

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    By 27.05.2021 will be 18195518 VX already released.

    If you staking 1000 VX . by 27.05.2021

    BTC dividend
    BTC pool= 11.45451567
    Total VX staked = 18195518

    1% BTC dividends = 11.45451567/100 = 0.11454157 (1)
    BTC dividends = 0.11454157 /18195518 = 0.000000006295 BTC (2)
    Your dividends in BTC = 1000 *0.000000006295 = 0.000006295 BTC

    ETH dividend

    ETH pool= 480.46865327
    Total VX staked = 18195518

    1% ETH dividends = 480.46865327 /100 = 4.8046865327 (1)
    ETH dividends = 4.8046865327/18195518 = 0.00000026405 ETH (2)
    Your dividends in ETH = 1000 *0.00000026405 = 0.00026405 ETH

    USDT dividend
    USDT applies the same calculations.

    USDT pool= 86690.933636 USDT
    Total VX staked = 6403348,87
    Your Your dividends in = 0.0476 USDT


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