Can somebody explain in simple terms what would one earn if s/he stakes VITE?

  • I come across VITE this morning through r/nanocurrency. I'm into $NANO since 2017 (Raiblocks times) and amazed at first instance when I looked at VITE. I just bought a $50 VITE and testing.

    I understand that staking VITE means something. If the quota recipient is 'self' and stakes 1000 VITE (say), and do not trade anything, will there by any advantage?

    And what would be the advantages of staking some 100 VX (not trading anything)?

  • Staking VITE is a way of mining VX and staking VX gives you dividends, you can see it in the mining/dividends section on vitex.

Log in to reply