Question about the different Bite tokens



  • Hello everyone,
    Can someone you please kindly explain the difference between VITE, VCP and VTT tokens? I can not find any information online... thank you



  • Hey!

    VITE - The actual coin used on the Vite chain. It can be used to perform payments and staked to get transaction quotas. It has value and can be traded with other crypto assets on the exchanges (ERC20 version at this point). Like other projects, it started its life as an ERC20 token but will be fully converted when the mainnet is live. Currently, you can convert VITE ERC20 tokens to VITE coin on the testnet.

    VCP - This is VITE Community Points. You can earn these by participating in various campaigns from time to time. These cannot be traded on exchanges. You can use VCPs to buy stuff on the Vite store (global.vite.store).

    VTT - These are VITE Test Tokens. They have no value. These can be used by those who do not have VITE tokens on the testnet but still want to experience capabilities like send/receive. These tokens cannot be traded on exchanges.



  • Hey!

    VITE - The actual coin used on the Vite chain. It can be used to perform payments and staked to get transaction quotas. It has value and can be traded with other crypto assets on the exchanges (ERC20 version at this point). Like other projects, it started its life as an ERC20 token but will be fully converted when the mainnet is live. Currently, you can convert VITE ERC20 tokens to VITE coin on the testnet.

    VCP - This is VITE Community Points. You can earn these by participating in various campaigns from time to time. These cannot be traded on exchanges. You can use VCPs to buy stuff on the Vite store (global.vite.store).

    VTT - These are VITE Test Tokens. They have no value. These can be used by those who do not have VITE tokens on the testnet but still want to experience capabilities like send/receive. These tokens cannot be traded on exchanges.



  • @fonzie [link text](link url)hai



  • @olgamirgorod said in Question about the different Bite tokens:

    @fonzie [link text](link url)hai

    ??


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