Hi @nik12 . Thanks for paying attention to Vite project. To answer your questions, yes we are heavy on development and most of our team are engineers. That does make our development fast.

For business development, we did some progress and will do more in the next year for sure. We will post a new plan + roadmap for 2020 soon.

Our CMs are part of our team. They are all originally from Vite community. And based on the feedback, they serve the community much better than many of other projects.

The price of VITE did drop a lot, but so were other altcoins. Apparently we cannot control the market and the price. But we think the project with the real technology and bring real value with last long.

Again, thanks to your support and we welcome all voice from the community. Hopefully I answered your questions.

@Chukelu Could you clarify your question? Are you trying to move GRIN? And what do you mean between "wallet" and "full node wallet"?

@calibrisk We haven't seen any other failure from Gate.io yet. Maybe you try to withdraw from Gate.io again? Or, we have tested Kucoin to Vite wallet (not ViteX address) and it works well. You can try to use Kucoin as well if you have an account.

@jlavoy Vite Android wallet currently doesn't support GRIN native coin. So if you want to transfer GRIN to Vite Android wallet, the only way is to cross-chain deposit to ViteX exchange. We will integrate GRIN into Android wallet soon.

Dear Community Members，

The final decision of VX releasing curve is determined by you after 2 rounds of voting. Option 1 (28 million total supply) received 82.66% supports from the community, whereas option 2 (45 million total supply) received 17.34% supports.

Here's the result:

New total supply is about 28M and will be distributed over 8 years. Daily release amount will rise from 10k to 50k during the first 90 days and reduce gradually after that. Since the original total supply is 100M, there will be about 72M VX to be destroyed. The table and chart below do not include released amounts before the first 90 days.

Yearly releasing amount

Daily releasing amount

We will send another announcement for when to execute the new curve. Thanks for your support!

Dear community,

We recently received numerous questions about GRIN withdrawal from Poloniex to Vite wallet or ViteX exchange. The common problem is confirmation keeps staying 0 even after waiting for a long period.

Our team has tested in a couple of exchanges, and it seems it mostly happens on Poloniex (such function works well on many other exchanges). So we came up with the conclusion that it should not be a tech problem on our side.

If you are having a problem like this, we offer a solution as belows:

1. Contact Poloniex to refund your assets
2. Withdraw from Poloniex to another GRIN-friendly exchange (e.g. Hotbit, MXC, Gate.io etc.). You can check CoinMarketCap to see what exchanges have GRIN pairs (https://coinmarketcap.com/currencies/grin/#markets).
3. Make a transaction from that exchange to Vite wallet or ViteX.

We will keep you updated if we have any new solutions on this problem. Thanks for your support!

Important: Vite Android wallet currently doesn't support native GRIN coin on GRIN CHAIN, but Android wallet supports GRIN deposit on ViteX exchange (it shows as GRIN-000). Make sure to use cross-chain deposit to find your http address for depositing GRIN to ViteX.

For iOS users, if you want to keep GRIN on GRIN CHAIN (as a HD wallet, not tradable), transfer GRIN to its native coin in the Vite wallet. If you want to trade on ViteX, make sure find GRIN-000 and press cross-chain deposit to find your http address for depositing GRIN to ViteX.

@rickhartmanii Did you withdraw GRIN from Kucoin to ViteX or you withdraw from ViteX to Kucoin?

To encourage market depth for mining eligible trading pairs, ViteX will make adjustments to the market-making range of the following 3 trading pairs at 7 AM (UTC+0), October 23.

VITE/BTC: Adjusted mining range to 15%
VITE/ETH: Adjusted mining range to 15%
VITE/USDT: Adjusted mining range to 15%

Background

The purpose of market-making as mining on ViteX is to provide market depth for mining eligible trading pairs. Currently, in order to be considered for market-making as mining rewards, traders must submit orders within a 10% deviation. Since this was the standard that was applied to all trading pairs, it has led to a situation where certain trading pairs are favored over the others, resulting in low market depth for the less popular trading pairs.

Objectives

1. Encourage users to place orders on trading pairs that are less attractive for in market-making as mining to help with order book depth
2. Encourage effective market depth by reducing current price gap
3. For cases where a user places both the best sell and buy offers, we will incorporate adding sell offers as market-making as mining later on

Adjustments

Expected Outcomes:

1. There will be a more even distribution in market-making as mining activities across all trading pairs.
2. Users will place buy orders closer to the best buy offer on trading pairs with adjusted mining ranges.

BTC Market

• ETH/BTC: Adjusted mining range to 5%
• GRIN/BTC: Adjusted mining range to 8%

ETH Market

• GRIN/ETH: Adjusted mining range to 8%

VITE Market

• GRIN/VITE: Adjusted mining range to 8%

USDT Market

• BTC/USDT: Adjusted mining range to 5%
• ETH/USDT: Adjusted mining range to 5%

6/23/2019 Winners

vite_231ceb668204699a8dd1586801a7b82a700bc52d4c1fd96dfb

vite_a54b7fa0b81689d13df6e49762439218748a6a3c6a33817f1c