@Choeriswangqiji
Sr I am not a designer!!!

Long time no see, but I am still holding (and staking) VITE!

$VITE price seems not much moving (except for the "double kill" before Binance voting), and after the long time holding, I realize there is a way to earn good incentives in return, instead of just wait for 'the moon' or even 'wait for price to be back' at the time you bought the coins; or even sell low. Do other things, STAKE in ViteX!

So, what is stake? What benefit it gives? and what will you lose when stake?

Everything has two sides, let's go into what you gain first then go to drawback later, and make your final decision.

1/ What is stake?

Stake (as mining) is to lock your coins in a Vite smart contract for a period of time, in return, you get income as VX - ViteX coin. https://x.vite.net/trade?symbol=VX_USDT-000

So why lock it? For what?
iteX obtains quota for the transaction process so when staking VITE in ViteX, it means more quota are sent to ViteX, the faster and more maintainable the transaction process is. In Vite, you don't have to pay gas fee for miner but in stead,it costs you quota; quota doesn't have price or can be traded, it's just quota - running in the Vite system.
Locking your coin also in my very self-opinion, will eliminate the selling pressure. But also, accordingly, it leads to the elimination in trading volume since people are tending to get on well with staking

I also wonder if there is no-one stake VITE on ViteX then what will happen? I'd like to hear the voice from Vite team then (but it's weird since it's free money, very good income- VX)

There are several types of stake that makes a newbie, perhaps gets confused. I'll list out the 3 ones now available in Vite system.

• Stake for quota https://vite.wiki/tutorial/rule/quota.html#staking
  Quota can be obtained through staking. The specified recipient account will receive the corresponding quota after the staking transaction is processed successfully.
  -> lock your coins in 3 days, after that you can get it back into Vite balance anytime. Quota is there if you stake, unstake then it will disappear.

• Stake to mine VX (staking as mining) https://vite.wiki/dex/#trading-as-mining
  -> lock your coins in 3 days until you can retrieve them, and 7 days more for waiting time. Sadly this waiting time, no rewards is sent to the one who is leaving the staking system. Is it fair? I am not sure, but if I am the one who is still staking my VITE, I will be sure to earn more than normal a bit, so I think it's win-win situation for the one who stays and the one who leaves.
  Stastics of earning is different day by day when you look at vitex.net, because there are people who leave, who stay, the amount of VX released per day are not the same.
  

Until Mar 2020 when VX daily release reaches 50k and amount of VITE staked is unchanged -> your VX rewards are X5

• Stake VX to earn dividends in BTC, USDT & ETH
  -> lock your VX in a smart contract and in return you earn other currencies as above. 7 days for your coins to be delivered back if you want to withdraw the. These currencies are gained from 1% of total trading pool.

This is the dashboard of today 05 Jan, ViteX is very potential since more trading pairs are listed there, the trading volume is good in general, there are days ViteX got 200 BTC trading value, it's a good sign for a new-born exchange, expecting the more volume ViteX has, the more dividends VX stake-er earns. I am looking forward to it.
unfortunately there is no dashboard to show clearly how many dividends eanred Should we add it on #vite team?

2/ What benefit Staking brings about?

• Economical
  You don't have to run any mining machine like POW coins, no need to be online 24/24 for staking as mining. Just stake and leave your coins there, sounds ideal for me, since I am not free to open any device the whole day.
• Environment protection
  No electricity consumed, no harsh to the world and to your bill
• Security
  Locking coins in smart contract and you can see it in the vitescan link, it's secured more than storing it in any cex (even Binance also got hacked back several months ago, I am in with dex)
• Good incentives
  As above, the income is not bad. Let's do a math.

3/ What I lose when stake?

• Lock your coin in a period of time: the only issue I see when staking is that you really STAKE your coin. It takes 7 days for coins to be delivered once you cancel staking as mining, which means, if $VITE is moving its price and you want to sell for xx% gains, you still have 7 days to play around before the sell. Maybe that 7 days will pass and the pump wave is not there. But who knows? Do your own study and be decisive to join VX price could be up anytime

4/ Potential in the near future

Staking in the ecosystem is being widely used as far as I know. The return of VITE income when Stake as mining is not bad. If you are having Vite, probably you should take a look. I am in for long-term holding. And it's interesting if Vite team can consider about dividing staking periods for users into several types, maybe 3 - 6- 9 days, and different types of rewards for each staking time?

PSA 1: VITE recently was removed from the dividends pool and I feel bad about it. So I just purchased some VITE to vote for a SBP. Imo VITE is still the main coin of the whole ecosystem, so VITE has more potential to be a good bag then any coins issued on Vite chain. ETH gains more benefit and any tokens built on it.

PSA 2: I believe in Vite and what Vite is delivering, support me by clicking upvote, sharing this post, comment below. Your help is appreciated!
See you, till the next time!

Hi everyone、 I am Felicity. One tweet I read from Leo- co-founder of Vite “Vite team works overnight to deliver products”. Yes、 that’s why I like to know more and support Vite. It is awesome that anyone can use Vite Testnet and give out feedback. Normally projects are near to the mainnet have products like wallets, but Vite is different. I`ve not been waiting for a long time to see how the Testnet works、and Vite delivered things in the –speed-way、 ahead of their expected roadmap.

For the in-wallet migration ERC20 https://medium.com/vitelabs/in-wallet-erc20-vite-migration-is-officially-launched-801a2fa59248 Smooth. So far so good. I wonder if any projects have this kind of migration、and if it possible for other ERC20 tokens to be migrated、I supposed no.
About the new interface of Vite’s website, https://www.vite.org it looks so cool! Well-informed of all needed information, once people join the website, they know what the team is doing.

About the reward fo SBPs voting https://vite.net/, as Full node and SBP is not what I can do, so I chose to so ahead with voting. The reward is quite good, rather than holding in exchanges, swap to testnet and earn rewards, why not? The system runs smoothly, but $Vite will ever be in pending mode untill I open my wallet. It somehow means I have tobe online to receive tokens, right? Do you have solutions for this?

Of the web-wallet https://wallet.vite.net/index , at first simple look and function, but now it is added with many more, convenient usage.

Regarding the Android wallet https://play.google.com/store/apps/details?id=net.vite.wallet , no fee charged to tranfer tokens. I suppose it is the first version so there are points needed to be improved. The system ran smoothly. It was weird that you release the iOS version even before the Android wallet. So far so good. Still recommend finger prints lock to be added : P

(Offtopic) Github https://github.com/vitelabs/go-vite always in active mode, a lot of code commits is contributed. From CyrptoMiso, a github ranking website, Vite has been stably on the 20th place of their continous contribution in the duration of 3 months.

Community engagement, t.me/vite_en the admin in Vite groups is so much helpful, admins always conducts information in the most informative and helpful way. You have a great community like Plasmo and SwissVite who are so so awesome in contributing and help out not only in the Telegram but also in Vite forum and Discord. Their writings are so clear and easy to follow. I admire their helpfulness a lot!
I believe you are creating something really cool. All ahead of scheduled time. I am looking forward to see more products from your team!

ありがと Vite!!!

I think the Facebook button can lead directly to Facebook app, instead of browser. And of the M button, your inserted link is the Discord invitation link but not Medium as the M logo

What can Vite blockchain do in a 'Smart city'?

I took a look at Vite.org and saw the potential of Vite Smart city.
Here is my fore-vision

Smart Payments – Of course, because Vite's recent products of wallets are amazing and super fast. Facilitate all municipal payments on a blockchain based solution, including: city programs, assistance, welfare, payroll, etc.

Identity – Vite will be the latest decentralized Identity Management systems use blockchain to provide a secure mechanism for storing and validating user identities, thereby reducing identity thefts and related frauds. And no control your date from the third party, no selling our personal data anymore.

Transportation Management – Use of blockchain to remove the rent-seekers in the ride-sharing economy (Uber, etc.). This enables a truly P2P platform for transportation. And drivers will no longer share the commission for Uber company (as an example)

Smart Energy – Create a more resilient power grid by using a blockchain powered p2p energy market. This removes sent seeking middle men and allows individuals to create, buy, sell, and trade energy while retaining value.

Government Services – Smart contracts can be used for digitizing citizen rights and identification, transparent voting, tax, track ownership of assets, remove paper, and automate bureaucratic processes.

Waste management – Improve efficiencies surrounded the entire waste management process by using IoT sensors and AI prediction modeling.

Right now Vite has partnership with Syracuse - the city of American and I believe these expectation will soon to come true!

What I found:

Vite Labs is working with the City of Syracuse, New York, in order to create a first-of-its-kind municipal token economy called SyraCoin. Our project is a government contract under Startup-In-Residence, which is a federal grant program that matches startups and cities in order to solve social use cases.

The Syracuse Token Economy is a mechanism for cities to raise self-sufficient and self-directed funds for their own programs and infrastructure, without relying on state / federal budgets and availability of nonprofit grants.

Vite Labs' vision is to prove the model in one city, for all cities.

What about your expectation?? Share it here

I just do a small comparison between some DAG projects, and realize that Vite is now on 11 exchanges with 9 trading pairs. Vite is founded in May 2018, listed to exchanges since August 2018, which means the project is now around 7 months trading year-old. Vite now is at 330 on CMC. The available supply of Vite now is 415,162,655 VITE out of 1,000,000,000 VITE.
Meanwhile, EOS is listed since January 2018, genesis date is July 2017, and now it is available on 128 exchanges with 471 trading pairs, ranks top 5 in CMC. EOS’s hashing algorithm is Delegated Proof-of-Stake. 906,245,118 EOS out of 1,006,245,120 EOS is the circulating supply of this top 5 coin. EOS at this written time, is trying to bounce from just above $2.70. The bulls will again attempt to break out of the overhead resistance zone of $3.05 to $3.2081
In the same time, Nano is listed since March 2017; with number exchanges is 18, and 35 trading pairs. Nano ransk 42 on CMC, with the circulating supply of 133,248,289 NANO out of 133,248,289 NANO
IOTX is listed since May 2018, and now is on 15 exchanges, with 17 trading pair. 152 is the ranking of IOTX , with the circulating supply 2,525,040,005 IOTX out of 10,000,000,000 IOTX.
I am excited to see how VITE will perform in the next couple years. What is your expectation to VITE?

Disclaimer: This post is for reference and sharing only, not to advice invesment. Every investment and trading move involves risk, you should conduct your own research when making a decision.

When it comes to adopting blockchains and cryptocurrencies, it is still a far way to go, however, mostly all major tech and finance companies have been dipping dipping their toes in the promising technology and exploring its opportunities.

While blockchain technology is the core focus for the vast majority of both retailers and companies, there is a competing technology on the rise that is touted by some as the blockchain killer: the Directed Acyclic Graph (DAG) structure.

DAG-based projects maintain the industry’s core concepts of decentralization and tokenization — but with a strong technological upgrade.

From Blockchain to DAG (What is DAG?)

At its very core, blockchain technology is a data structuring method.

The same goes for Directed Acyclic Graphs, but before we can compare the two technologies, we need to understand the logic behind DAGs.

The Directed Acyclic Graph is a well-known data structure in computer science.

The D in DAG stands for directed. A direction is given to the flow of information from the nodes in a network — you can think of it as a one-way street for information. This ensures that no nodes connect to any of the previous nodes in the flow of information.

Blockchains use most of the same logic. They are enabled by a network of connected nodes and once a transaction, or information, is transmitted to the network, there is no way that this information can return to the node without passing through other nodes first. They are directed because each new block refers to previous blocks, which is the blockchain.

One of the core differences between blockchains and DAG-based structures is that DAG allows for multiple chains of blocks to co-exist, whereas a blockchain network only allows for one main chain. This is possible because nodes can operate in parallel, as long as the flow of information is directed.

Source: https://medium.com/coinmonks/dag-will-overcome-blockchain-problems-dag-vs-blockchain-9ca302651122

As displayed above, blockchains can be seen as a more linear data structure, whereas a DAG structure is sequential.

Because of the DAG structure, block times aren’t required. This means that transactions can occur near-instantaneous. Moreover, the problem that blockchains face when two miners find a block at exactly the same time and multiple chains exist until consensus is reached on which blockchain to use and which to abandon, is not present in a DAG structure.

Due to this, DAG-based decentralized networks have a far larger scalability potential than blockchains do, which is important given the current scalability limitations of most large blockchain networks.

Moreover, they are far more energy-efficient than, for example, Bitcoin’s Proof of Work whilst maintaining fully decentralized and thus maintaining the high levels of security enabled by decentralization. There is also no possibility for a 51% attack.

Given all these promising features of the DAG structure, it’s easy to understand the excitement of many investors about projects deploying the technology on their network. To explore what the biggest projects using a DAG structure are and how they implement it.

What is Vite?

This is probably currently the most exciting DAG project in the decentralized industry. Not because of its proven capabilities or impressive investors and partnerships, although they do have several, but because of the extremely bold promises of the project.

Vite is the name the founders have given to their DAG-based network structure. At the core of Vite’s technology lies its technologies, which can be named SnapshotChain, DAG, Smart Contract and HDPoS. These are quite complex, but thankfully clearly explained in this video with visual by Vite’s COO - Richard Yan. Introduction is unveiled here https://doc.vite.org/introduction/ and https://vite.blog/ . Videos from a lot of YouTube influencers can be found with key words “Vite public-chain”.

Vite claims to have solved distributed ledger technology scalability issues with DAG and SnapshotChain technological implementations, underscored by the Vite Fundamentals on their website, such as “instant confirmation”, “on-chain transaction”, “multiple-tokens” with the Payment application.

Vite testnet was recently launched ahead of the roadmap https://testnet.vite.net/ , after their successful fundraising in which 60.000 ETH out of 60.000 ETH was collected late June. Vite doesn’t have ICO, but around 5% of annual airdrop - which they call, community reward. Make sure to follow their social sites and Vite’s channels to get updated. After these milestones, the Testnet Snapshotchain Block Producers have already been rolled out on the network targeting producing blocks for the Snapshot Chain. Vite invented the Snapshot Chain to mitigate security issues posed by DAG architecture, which are well known. Vite holders are converting their ERC20 VITE to Vite Testnet, vote for SBPs and receive incentive as reward.

This table describe out how the Testnet incentives run.

That's how far this DAG project has gone.

DAG and blockchain based networks will likely co-exist because different industries and systems have different requirements. No system is perfect and even though DAG structures are highly promising in regards to transaction fees and scalability, blockchains are more robust when it comes to decentralized governance, several aspects of security, and smart contract deployment.

There have been multiple projects around for several years now, however, they still haven’t killed their blockchain-based competitors. In the end, it really depends on the needs of the users to decide which type of structure will be used. DAG projects in general and Vite in specific will have a long path to go and improve ahead. How do you think? Any additional idea you want to contribute? Let's share with me! May you decide!
#Forreferenceonly

@SwissVite u so nice. I will vote or u 🤭🤭

Nice to see the green candles

For the mass adoption, blockchain is being used for a lot of fields, including management, IOT, to economy, smart city and more. In this article, I will not highlight those use cases but some introduced functions of Vite that are displayed in their website vite.org.
This article is from my personal view, I love to hear comments on your side and correct me if I am wrong!

First, let’s take a look at Ecosystem of Value.
I. Payment with the functions of Instant confirmation, On-chain transaction and Multiple Tokens.

1. Instant and feeless confirmation

This graph show how Bitcoin confirmation works. It is likely that more than 60% of your transaction is confirmed within 10 minutes only if you pay a high enough fee. Or else, your transaction will last for years. The same scenario happens for ETH, since you have to pay high gas and gwei, the more you pay, the earlier your transactions get confirmed. In these traditional blockchain setups, the speed of writing transactions into a ledger is limited by the speed of packing.
Thing is different in Vite. Vite allows writing of many transactions into the ledger within the constraints of the TPS. Because the asynchronous setup allows the transactions to happen at an even speed, this reduces the peaks and troughs of the speed of transaction writing, thus optimizing usage of resources and increasing system throughput.
Also, the transactions of two users will no longer be blocked; that is, we will no longer see a scenario where a user sends a large amount of transactions that prevents the transactions of other users from taking place.
The transaction fee was originally set up for system stability and to ensure rational transaction behavior. Vite proposes the concept of trading quota for this purpose. In Vite system there is not necessary to pay fees to send transactions or run smart contracts as long as users have adequate quotas.

You don’t have to pay a cent when transferring tokens in Vite, because you can choose “POW” or “Stake your tokens”, which is called a fee-less quota-based model. PoW serves as system throttling scheme and Vite will support low trading-frequency user to obtain necessary amount of quota by solving a simple PoW puzzle. In other hands, if you are frequency transferees, for example some of SBPs that give away rewards to voters, PoW calculation is not a choice. Instead, you should stake Vite Tokens in exchange of quotas. The more Vite Tokens are staked, the more quotas are obtained, and the more transactions that can be sent and received per unit time.
2. Multiple tokens
When it comes to tokenization concept, it has been heard around for years, however, its momentum over the past years has hit its massive security scope such as Kmart to Neiman Marcus to Dairy Queen.
Tokenization also got a boost when it was adapted by Apple for its ApplePay system, which assigns and encrypts what the company calls a unique "device account number" to your iPhone or Apple Watch so each transaction is authorized with a one-time unique number.
Right now Vite wallet introduces the support of ETH and its tokens. It is a bright sign for the future intergradation for multi-tokens payment. In order to support multiple tokens at the same time, the structure of recording the balance information in Vite’s account state mapping from the token ID to the balance.

II. Token insurance with one-step token insurance and protocol-level of support.

1. Vite supports built-in smart contract token forging. In effect, Vite eliminates the high cost of token issuance on Ethereum. Vite users can issue digital currency with lower cost and safer technology. Therefore, to achieve mass adoption, leading token economies need protocol-native safety nets which protect protocol users and dApp consumers. Should the disaster occur, insurance will compensate your network/users for the losses. There is no hack in Vite. Vite provide the crypto-wallet insurance and smart-contract insurance for users.
2. In addition to native token Vite Coin, Vite also supports users to issue their tokens. The issue of tokens can be done through a special transaction, Mint Transaction. The target address of the mint transaction is 0.
   Once the request is accepted by the network, the Vite included in the mint transaction will be deducted from the initiator account as the mint transaction fee. The system records the information of the new token and assigns a token_id to it. All the balances of the newly generated tokens will be added to the owner address, that is to say, the owner account is the genesis account of the token.

III. Built-in DEX – ViteX
ViteX is developed on the Vite public chain, which features high throughput, fast transaction confirmation, zero fees, cross-chain gateway and more!
The community has 100% autonomy to mint tokens, build cross-chain gateways and create trading pairs. Additionally, ViteX’s order book is fully open via API, which allows others to launch their own exchanges based on liquidity in ViteX.
Since a DEX exists across a network of computers, it becomes much more complicated to attack. There’s no single point of entry or failure. This makes DEXs exponentially more secure. However, it also makes them more difficult to design and test, which is one of the reasons why DEX development has been slow to date.
ViteX is subjected to the performance of Vite’s own main public chain. It is a completely decentralized exchange; the transaction matching engine is performed through smart contracts. Order combinations are all completed on-chain so the order book is also stored on-chain, thus achieving true decentralization. The exchange fee redemption is implemented on-chain through smart contracts, thus ensuring that the results are fully public and dividend rules cannot be tampered with. Furthermore, ViteX also supports cross-chain protocol with the fast-order match mechanism.
In DEX, you have your own control of your fund. DEXs are generally, but not necessarily, non-custodial. As a result, users keep control of their funds throughout the entire transfer process until the moment of exchange, when a smart contract executes the signed trade. No more “funds are safu” messages. “I definitely hope centralized exchanges go burn in hell” — Ethereum founder Vitalik Buterin. That is to say keeping your funds safe is your own responsibility of a DEX.
Trading on a DEX comes with many benefits that make it attractive to crypto currency users. Most importantly, DEXs disinter mediate the exchange ecosystem, removing middlemen and allowing free, direct trade between parties.
Now, let’s sum up this post with a “snapshot”

To be clear, blockchains are not just about the Bitcoin, this technology has a wide variety of uses across several fields of business and Vite is one of the innovative public chains on their way to mass adoption.

@CryptoLily making money is never easy. mm could be executed anytime,due to the market fluctuations, so trader (mm-er) has to keep a close eyes. But I agree mm is the easiest and cost-0-fee for placing an order. Thanks for sharing your story. do you use other media platforms? don’t let this story stay only in this forum.

@CryptoLily which Mining methods makes most profit for you out of staking, referral, mm and trading? what are their pros and cons during the last 5 months using those methods?

@Lee thank you! @Alvin can you explain?
"trade by yourself to earn trading fee" = wash trading, am I correct? and Do you have a a screenshot like how much you earn? Since you are sharing how to make money with Vitex so I hope it's not too private that you can share here.

If 1VX costs < VX prices on exchange, you can keep on mining. I am not really get it. Can you explain?

Normally what I do with my VX is just to stake. although I hold my funds in other types like BTC, ETH stable coins, grin etc., but I don't really trade. I just hold an stake what I can stake (VITE and VX). I look forward to see how to make more money from those holding.

I also stake, but I stake VITE. What is your start so now you can MINE 38k VX?

@Lee said in How to mine on ViteX（Advanced）:

For the crowd: Those who have time at noon every day and hold more than 2 tokens on ViteX

Why is it? Hold 2 tokens?

@kerimmmadx i think your phone is not supported for the app, is it?

@Blackey_Vite why the ranking no 1 inviting only 1 but he gets so many VX as income?

Long time no see, but I am still holding (and staking) VITE!

$VITE price seems not much moving (except for the "double kill" before Binance voting), and after the long time holding, I realize there is a way to earn good incentives in return, instead of just wait for 'the moon' or even 'wait for price to be back' at the time you bought the coins; or even sell low. Do other things, STAKE in ViteX!

So, what is stake? What benefit it gives? and what will you lose when stake?

Everything has two sides, let's go into what you gain first then go to drawback later, and make your final decision.

1/ What is stake?

Stake (as mining) is to lock your coins in a Vite smart contract for a period of time, in return, you get income as VX - ViteX coin. https://x.vite.net/trade?symbol=VX_USDT-000

So why lock it? For what?
iteX obtains quota for the transaction process so when staking VITE in ViteX, it means more quota are sent to ViteX, the faster and more maintainable the transaction process is. In Vite, you don't have to pay gas fee for miner but in stead,it costs you quota; quota doesn't have price or can be traded, it's just quota - running in the Vite system.
Locking your coin also in my very self-opinion, will eliminate the selling pressure. But also, accordingly, it leads to the elimination in trading volume since people are tending to get on well with staking

I also wonder if there is no-one stake VITE on ViteX then what will happen? I'd like to hear the voice from Vite team then (but it's weird since it's free money, very good income- VX)

There are several types of stake that makes a newbie, perhaps gets confused. I'll list out the 3 ones now available in Vite system.

• Stake for quota https://vite.wiki/tutorial/rule/quota.html#staking
  Quota can be obtained through staking. The specified recipient account will receive the corresponding quota after the staking transaction is processed successfully.
  -> lock your coins in 3 days, after that you can get it back into Vite balance anytime. Quota is there if you stake, unstake then it will disappear.

• Stake to mine VX (staking as mining) https://vite.wiki/dex/#trading-as-mining
  -> lock your coins in 3 days until you can retrieve them, and 7 days more for waiting time. Sadly this waiting time, no rewards is sent to the one who is leaving the staking system. Is it fair? I am not sure, but if I am the one who is still staking my VITE, I will be sure to earn more than normal a bit, so I think it's win-win situation for the one who stays and the one who leaves.
  Stastics of earning is different day by day when you look at vitex.net, because there are people who leave, who stay, the amount of VX released per day are not the same.
  

Until Mar 2020 when VX daily release reaches 50k and amount of VITE staked is unchanged -> your VX rewards are X5

• Stake VX to earn dividends in BTC, USDT & ETH
  -> lock your VX in a smart contract and in return you earn other currencies as above. 7 days for your coins to be delivered back if you want to withdraw the. These currencies are gained from 1% of total trading pool.

This is the dashboard of today 05 Jan, ViteX is very potential since more trading pairs are listed there, the trading volume is good in general, there are days ViteX got 200 BTC trading value, it's a good sign for a new-born exchange, expecting the more volume ViteX has, the more dividends VX stake-er earns. I am looking forward to it.
unfortunately there is no dashboard to show clearly how many dividends eanred Should we add it on #vite team?

2/ What benefit Staking brings about?

• Economical
  You don't have to run any mining machine like POW coins, no need to be online 24/24 for staking as mining. Just stake and leave your coins there, sounds ideal for me, since I am not free to open any device the whole day.
• Environment protection
  No electricity consumed, no harsh to the world and to your bill
• Security
  Locking coins in smart contract and you can see it in the vitescan link, it's secured more than storing it in any cex (even Binance also got hacked back several months ago, I am in with dex)
• Good incentives
  As above, the income is not bad. Let's do a math.

3/ What I lose when stake?

• Lock your coin in a period of time: the only issue I see when staking is that you really STAKE your coin. It takes 7 days for coins to be delivered once you cancel staking as mining, which means, if $VITE is moving its price and you want to sell for xx% gains, you still have 7 days to play around before the sell. Maybe that 7 days will pass and the pump wave is not there. But who knows? Do your own study and be decisive to join VX price could be up anytime

4/ Potential in the near future

Staking in the ecosystem is being widely used as far as I know. The return of VITE income when Stake as mining is not bad. If you are having Vite, probably you should take a look. I am in for long-term holding. And it's interesting if Vite team can consider about dividing staking periods for users into several types, maybe 3 - 6- 9 days, and different types of rewards for each staking time?

PSA 1: VITE recently was removed from the dividends pool and I feel bad about it. So I just purchased some VITE to vote for a SBP. Imo VITE is still the main coin of the whole ecosystem, so VITE has more potential to be a good bag then any coins issued on Vite chain. ETH gains more benefit and any tokens built on it.

PSA 2: I believe in Vite and what Vite is delivering, support me by clicking upvote, sharing this post, comment below. Your help is appreciated!
See you, till the next time!

@nik12 what partnership are you expecting?

and they are always on Discord to talk with you prefer