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    avndp

    @avndp

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    Best posts made by avndp

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    Latest posts made by avndp

    • Open letter to ViteLabs reg. listings at ViteX

      Dear team,

      I understand that listing low marketcap / research-based new coins/tokens listing is at present the priority of ViteX operators.

      But, it is in the interest of ViteX that listing top coins would only be an added advantage. Personally, whenever I have to trade top coins like BAT, BTT, DOT, NANO, TRON, THETA, KSM, IOTA, LUNA, etc., I have to exchange my ViteX portfolio a bit, transfer back to Binance, again exchange there to USDT and trade. All this could be avoided if the top coins are added at the earliest. It could add the volume also.

      Considering that VX stakeholders receive dividends on a daily basis, it would be a generally-interested choice for most of the users to increase and diversify their portfolio into a multi-coin one. To do that, at present, the coins listed at ViteX are not sufficient imo.

      The newcomers could leave disappointed to not have the top coins. Definitely holding Vite and VX and trading with the existing coins is amazing, but not having the top coins at ViteX leaves no other option to the users but to trade them elsewhere. This must change, at least now, considering that ViteX will soon reach 2 years age.

      To add further, soon to be launched wrapped Vite tokens increased the exposure of ViteX to a lot many people assuming that there will be liquidity pools at AMM-based DEX such as PancakeSwap and others. Before such users discovers ViteX, kindly consider to list the top coins at the earliest.

      Regards!.

      posted in ViteX
      A
      avndp
    • RE: VITE dividends?

      @Benjamin-J I do not understand why such decision.

      posted in General Discussion
      A
      avndp
    • RE: Vite Labs Leadership AMA (Feb 26, 2021) - Post your questions here!
      1. Since Vite has no fee, it is likely that the ledger size can go big soon. How is the team going to solve the ledger pruning issue? Won't it be a serious issue?

      2. Currently, ViteX funds are being maintained by the operators. There were discussions in the Telegram channels that after Vite Bridge, the funds management will be decentralized. How soon will the fund management be decentralized?

      3. Are there any plans to improve UI/UX of Vite Exchange? Though the features are good, the exchange needs UI improvements.

      4. Wallet deposits doesn't mention that the tokens should be ERC20. For ex, for BUSD deposits it should mention that it should be ERC20, otherwise users can mislead since the deposit is 'Cross-Chain' and BUSD's native is BEP-20.

      5. In last AMA, it was mentioned that in future, ViteX may not depend only on VX in future. What were the plans?

      6. At present, can developers create dApps on top of Vite Chain? If yes, why is there no single dApp except ViteX?

      7. Recently there are rumors that by the end of March, ETH Bridge will be ready. What the community can expect from this?

      8. What next after ETH Bridge? Are there plans to implement BSC? If yes, that would be huge since the mania is going on (PancakeSwap, Venus, etc., can be listed!?)

      9. While logging into the x(dot)vite(dot)net using Android app, the site often disconnects due to inactivity (for even 1 minute away). Will there be any option to increase the time? Also, the login sometimes requires two to three times scanning (buggy).

      10. Binance has an option to convert low amount coins to BNB. It would be great if ViteX has a similar option to convert small amount coins to Vite/VX.

      11. I think the Team announcements on Reddit will be beneficial since most crypto users use Reddit.

      12. There could be more announcements to the Vite Community like before (especially for building projects like Tip Boats on Twitter, Reddit, etc.)

      13. At present, is it possible to build PancakeSwap kind of exchanges on top of Vite Chain?

      14. In Android app, after every transaction, a popup window appears to stake for quota. Though it educates the user, it need not appear every time. Similarly, if the auto sign feature is enabled on the app, it need not ask each and every time on the x(dot)vite(dot)net site to authorize on the app.

      15. While the present video AMAs are going very-well, it would also be good if there are Reddit and Twitter AMAs.

      16. Idea (from Telegram group): What if we charge some VX for those who wants to withdraw VX within 7 days and distribute the fee to the holders?

      17. Considering that Vite is also DAG-based, it would be awesome if Vite Labs lists NANO. There are so many enthusiasts for Vite from Nano. In fact, I'm into Vite from Nano!

      18. Why the exchange should mention that the users from China, etc., should not use ViteX? Considering that ViteX is decentralized, I think it is irrelevant and puts a question before a new user whether the exchange is truly decentralized.

      19. If ETH bridge is started, can Vite list most or the top ERC20 coins quickly? If yes, any estimated timeline?

      20. Since there are Vite pairs too on ViteX (apart from BTC, ETH and USDT pairs), why are there no Vite dividends?

      posted in AMA (Ask Me Anything)
      A
      avndp
    • RE: Vite Labs Leadership AMA (Feb 26, 2021) - Post your questions here!

      @LanceLiu Is it feeless? What is that it is focusing on, which Vite is not?

      posted in AMA (Ask Me Anything)
      A
      avndp
    • 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)?

      posted in ViteX
      A
      avndp