Vite Labs Leadership AMA (Dec 9, 2020) - Post your questions here!
ultrapower last edited by ultrapower
I find very incredibly easy to use another exchange and we could take some hint on how to improve ViteX from it, one thing I adore about it is the multilanguage interface, then the excellent explanations locally readable, of every aspect and function of the system they have for staking various stable coins.
We need a better interactive interface, some of the sentences contain mistakes or are written in a non-professional way; if we want to attract liquidity we need to appeal to all sort of individuals and I know for a fact many won't get near any platform if there is not their language in there.
We could create bounties or a program with natural speakers of each language creating a very accessible platform for everyone.
ultrapower last edited by
I listened to the Dev committee video where you said that the Vite chain could be used to store videos, these videos or other files, for that matter, where are stored? are they going to be stored in the fullnodes? if it's like that mining will become unprofitable very fast because the space needed for something so demanding is very costly especially for who is using VPS to host their fullnodes.
- why vitex was not able to list popular defi products eg yfi , serum , sushi, cream etc? Serum exchange volume is because of these defi products only.
- vitex withdrawal fees is higher compared to other dexs and also best new projects are not listed on vitex. If someone want to buy other projects coins with dividend why to pay high fees, as team not listing projects that giving good returns .
- why waiting for Binance listing. Project need dual listing why not trying bithumb, huobi, kucoin, okex, coinex
- team 10% token from daily mining + team mining vx from staked vites . But why not spending on marketing? Upto when we can expect vx listing
feecrypto69 last edited by
About the vision and mission of the VITE. What are your targets in 2020? what process is running? Are there any obstacles in doing so?
feecrypto69 last edited by
Currently, some project have policies for their ambassadors to create a contribution and attract
recognition for the project! So the VITE team plans to implement policies and incentives for your
The BTC/ ETH/ USDT dividend pool is diminishing (now 10% a month), kept up in $ currency value artificially by the rising prices of bitcoin and ethereum. Are the team worried, and what are the team planning to attract more trade?
Where are we up to with negotiations regarding listing vx? What are the specific hold ups? How close are we to a ‘deal’ ie this year/ Q1 next year/ later?
What are Vitex’ plans for marketing / advertising, as we need more throughout on the exchange. Volume has retraced to where we were 9 months ago.
What are the team doing to improve the perception of the exchange I.e. trust scores on exchange information sites. As there are many exchanges people can use, if they see poor trust scores it puts them off.
60% apy with staking vx is very high, after this much returns why vx not able to attract traders ? What are the reasons for this according to team & how team will proceed in future to attract traders & adaption of vitex
Trần Công Quyền last edited by
Q. With more and more DAG public chains appearing in the market, what advantages does Vite have over other DAG public chains?
Nhi Trần last edited by
Q. What kind of strategy will Vite use to attract more businesses and investors into the Vite ecosystem?
Q. Vite has a relatively long roadmap, how do you think this will affect Vite compared to your competitors? Can Vite keep up with the growth of the cryptocurrency market?
Q. Who is VITE's main competitor? What are the strengths of VITE compared to other projects?
Q. You have some similarities with NANO, do you have any other important advantages besides performing smart contracts?
Q. A more general idea of what port operators do in Vite?
Q. Will ViteX be available as a mobile app of its own? Difficulties encountered when building ViteX applications?
Quang Trần Minh last edited by
. In the context of annual inflation of 3%, Vite did not bid on strategies to increase consumption and burn Vite tokens. Will there be combustion and consumption strategies related to technology in the future?
Q. How will Vite attract developers to build on the Vite ecosystem?
Q. DeFi is a concept that was mentioned a lot recently when blockchain projects started building protocols and applications to support DeFi. How is the strategy of building and developing protocols and applications to support DeFi?
Q. How is VX different from VITE?
Q. What is the advantage of holding between VITE? What is VITE's strategy for long-term investors?
Q. What is your favorite thing about ViteX? What are the highlights of ViteX?
Q. With blockchain, partnerships are an indispensable component in the development of a project. What kind of partnership has VITE achieved and what are the plans on this front moving forward?
Trần Công Quyền last edited by
Q. What is Snapshot chain technology? How to solve DAG security hole?
Q. DeFi brings many benefits to users, but conflicts of interest with the Bank. What is the solution of #VITE?
Q. What is the difference between Vite's Solidity ++ and Ethereum's Solideum?
Q. How can we prevent money laundering for example for mining purposes and what are the gaps we may have considered when building ViteX?
Q. What are the highlights of Solidity ++ (VITE) Vite compared to Solidity (Ethereum)?
why vitex was not able to list popular defi products eg yfi , serum , sushi, cream etc? Serum exchange volume is because of these defi products only.
vitex withdrawal fees is higher compared to other dexs and also best new projects are not listed on vitex. If someone want to buy other projects coins with dividend why to pay high fees, as team not listing projects that giving good returns .
why waiting for Binance listing. Project need dual listing why not trying bithumb, huobi, kucoin, okex, coinex
team 10% token from daily mining + team mining vx from staked vites . But why not spending on marketing? Upto when we can expect vx listing
How vitex is thinking to tackle liquidity problem ? Only few vite , vx, eth , BTC pairs have liquidity.
Most of pairs have no liquidity, is it possible to add liquidity pool in vitex ?? Problem of liquidity can be solved by liquidity pools.
What long-term plans do you have to give VITE usability?, Which I consider to be the one we should focus on the most, since VX was born as a currency of value from the beginning by having as its main function in addition to the stake in vitex, being used as a currency to generate dividends since VX by itself already has an assured place, while VITE its value at the moment is to mine VX but once the 8 years have passed (approximate time that the mining will last) after that, if We don't give VITE a value, it would just be one more coin, so the main focus should be on VITE. (of course without putting VX into oblivion)
Which specific about strategy of VITE that make you believe it will be successful project and what does a plan do to attract more users in the future?
What benefits will Vite Labs deliver to the ecosystem and the community?
Why do you choose to name your project as Vite Labs what is the mean of this? Where does this name derived and any for inspiration behind the name of the project?