---

Vite Write-up Campaign, Vol. 2

About Our New Products and Announced Use Cases

Vite Labs is excited to know more about YOUR opinion on Vite’s recent development. We are looking for write-ups in our forum that contain profound perspectives in two areas:

1. Vite products that were released in the last few months (For example, this includes new features in our wallet). Note: this is no longer about experiencing basic functions in the wallet, as was the subject of many articles entitled “My TestNet experience” for the last campaign.
2. Vite use cases that have been announced. This includes partnerships as well as projects we are building internally.

We intentionally did not enumerate specific examples for the above two items. You would find them for yourselves on our forum, Medium and Twitter.

Here are the guidelines to follow for this campaign!

Timeline: February 20 — March 20

Rules:

1. To participate in the Vite forum discussion, you must have a Vite address.
2. The type of submissions Vite Labs will be accepting are individual post submissions in a paragraph format. Comments will NOT be rewarded.
3. Each post submission MUST use #insightvite
4. Remember: the topic of discussion is on Vite products and use cases.
5. An eligible entry must be over 1 paragraph in length and show solid effort in its creation.
6. Users can post multiple submissions as long as a NEW feature or product is being discussed each time.
7. Posts and responses will be DILIGENTLY graded and judged by the quality of the writing, thoroughness of explanation, and insightfulness.
8. No reward will be given for spam posts or to text with no relevance to the topic of discussion.
9. Users are also encouraged to discuss products or features that are launched in midst of this campaign.
10. Entries will be judged on a rolling basis, and rewards will be distributed on a weekly basis.
11. All rights are reserved by Vite Labs.

Rewards:

• Each quality post submission with a mention of a Vite product/feature use case will be rewarded 300 VITE.
• The MOST INSIGHTFUL post submission and topic on the Vite forum will receive 2,000 VITE.

Best of Luck! 

How To Add Your Wallet Address:

1. Click on your profile icon at the upper right-hand corner of the Vite Forum page.

2. On the left of your profile page, there should be an option listed as “Bind VITE address”.

3. Make sure to copy the text designating your Vite wallet address, not your QR code.

4. Spread the word about this new campaign and emphasize the collaborative nature of the new Vite forum!

Have Your Friends Join All The Fun Here:

Official Address of Vite Forum: https://forum.vite.net/

Or scan this QR Code:

Download the Vite Wallet here:

• Android and iOS: app.vite.net, or search for “Vite” in the applicable app store
• Web: https://wallet.vite.net
• Desktop: https://www.vite.net/

Official: https://www.vite.org/

Vite Forum：https://forum.vite.net

Telegram:

• English: https://t.me/vite_en
• Chinese（中文）: https://t.me/vite_zh
• Russian: https://t.me/vite_russia
• Korean: https://t.me/vite_korean
• Vietnamese: https://t.me/vite_vietnamese
• Thai: https://t.me/vite_thailand

Twitter：https://twitter.com/vitelabs

Discord：https://discordapp.com/invite/CsVY76q

Reddit：https://www.reddit.com/r/vitelabs/

---

Vite Bi-Weekly Report

Nov 1–15, 2018

System Development

• Completed development and testing of mnemonics system. Full nodes now support the HD wallet
• POW computing tool function is now live after testing. Regular users may freely obtain quota after doing POW
• Completed development of command-line interface. Currently drafting relevant help docs
• TestNet went live Nov 9. Completed integrated testing and doc writing prior to launch of TestNet 1.0.0
• Upgraded the block explorer, Vite pay, and Vite Store as part of the launch of TestNet 1.0.0
• Launched preview version of Web (version 1.1.0)
• Launched desktop wallet (1.1.0)
• Implemented features of quota retrieval and SBP voting in iOS App 1.1.0, about to submit to iOS App Store for publication
• Launched Block Explorer 1.0.0, with SBP display page and feature optimization
• Developed settlement function for voting
• Designed and developed reward allocation for SBPs
• Developed (and currently testing) ability to convert ERC20 tokens onto the Vite network

Ecosystem Development

• Our TestNet 1.0.0 launched on Nov 9. There are two types of nodes: SBPs (aka Supernodes) and full nodes.
• SBPs can be further categorized as top-25 SBPs and SBP candidates.
• Full nodes can be further categorized as Full-Data Nodes and Full-Function Nodes.
• There are three types of Full-Function Nodes: Full Nodes with API capabilities, Full Nodes that support POW calculations on GPUs, and Full Nodes with Data Resolution.
• Here is a list of live products and services: Web wallet, iOS wallet, Vite Pay, Vite Store, Block Explorer. We are developing other services such as voting rewards and ERC20 conversion gateway.

An Update of the TestNet Incentive Program

[Rewards Policy] The TestNet Incentive Plan has been updated. The SBP reward of 30 million VITE tokens per year will be divided into two parts. 50% of rewards will be based on the number of blocks created, another 50% rewards will be based on the number of votes received. In addition to the top 25 SBPs, the following 75 candidate nodes may also receive rewards under this update. The Vite SBP Node Operation Guide has also been launched.

[How to apply] Please visit vite.org for more information. Five candidates have passed the preliminary review.

[Operation Guide] Please visit vite.org for more information about operating a SBP.

Community Building

[Overseas Design Competition] The final result of ‘Vite Fans Design Competition’ will be announced on November 11th. The T-shirt designs of the first and fourth place will be available on Vite Store soon.

[iOS APP alpha testing] From November 8th to 15th, a hundred community members will be invited to the Vite iOS APP alpha testing. Meanwhile, a special reward of 5000VCP will be made for those who report any bug later verified by our engineers.

Activities

• From November 1st to 4th, Vite Labs was invited to attend the 14th Beijing International Finance Expo and showcased its DAG-based blockchain technology.
• On Nov 12th, Director of Business Development Chris attended the Scaling Blockchain conference in San Francisco.
• On Nov 14th, our US team hosted and shared with the developments of blockchain technology to the Swiss representatives who came from UBS, SAP and international insurance companies.

• CoinVoice published its interview with Charles Liu, CEO of Vite. During the 90 minutes interview, Liu shared his understanding of the blockchain industry and discussed how to win in this competitive field.

Dear @nik12 @Krillin -

Thanks for your messages. I too share your frustration in various fronts, but allow me to offer some more context for our "performance":

Besides the points mentioned by @felicity and @KhunSir_Vite, I wonder if cosmetic partnerships and hackathons actually help with adoption and coin value in the long run.

On partnerships - It is unfortunately against our team's DNA to pursue meaningless collaborations, where projects "shake hands" with no real plans to work together. I don't need to name names, but there are many "prominent" projects that have gone down this path, where usage of Azure is considered "collaboration with Microsoft," and no substantive development happens after a sophisticated joint press release. I don't fault folks for being attracted to such tactics and projects that employ them, but as mentioned, our team simply isn't predisposed to such an approach.

As far as hackathons go, one of our friendly competitors spent millions of US Dollars rewarding developers to build dapps on top of their platform. They did get a large number of apps made, but retention was poor. And this effort ultimately did not translate into significant purchase of coins, or a boost in coin value, which for better or worse seems to be the ultimate metric for a project's standing these days.

We made a conscious effort to focus on the tech, and building a public chain is a truly arduous undertaking. This is why, as @nik12 correctly pointed out, that our technical development is by far among the fastest of all DAG networks. If making such trade-off of tech over marketing, and substance over fluff ultimately doesn't land us in a good place, then that is a consequence we are willing to accept.

As a refresher of our thinking on strategy - It has long become obvious to us, that the best product market fit in the crypto space is money-related business. Hence our focus on DEX (trading of value), multi-chain wallet (storage of value) and Vite Pay (exchange of value for goods & services). And soon, we will be tackling DeFi as well, to facilitate decentralized borrowing and lending in the Vite ecosystem.

There was some mention of enterprise adoption. We have successfully co-authored with the American city of Syracuse a whitepaper and began a pilot program ("SyraCoin") with them. In relation to this, we recently visited New York State Assembly Member Ron Kim in his office, where we discussed with him the possibility of implementing his signature legislation proposal of Inclusive Value Ledger on the Vite platform, with the product resembling SyraCoin.

I hope my thoughts above are somewhat helpful to you. Of course, they won't change the coin price. But maybe, as I wishfully speculate, they will make a small difference in your understanding of the coin's value.

I do agree that our teammates and leadership can be more available in interacting with the community. Probably better to have more frequent short-form communication than this multi-paragraph rambling that I just managed to produce. I have communicated this to our marketing team and we will try to do better.

If it helps, I have become more active on Twitter (https://twitter.com/gentso09) these days. You are always welcome to interact with me publicly or DM me there.

And lastly, as I announced on Twitter, I will be making a podcast focused on blockchain debates, to supplement the vast amount of existing audio content that's all too often one-way communication, where speakers don't get enough push-back and audience members could use another perspective. I hope to network with crypto OGs, get Vite on the radar of other industry VIPs, and learn a thing or two during those conversations myself.

Regards,
Richard

---

We are launching a Bittrex campaign for VITE fans! You will be rewarded VITE native coins for buying VITE tokens on Bittrex and converting them into our TestNet (this is similar to, but different from, another conversion campaign). As you may know, the VITE native coins will become liquid for trading as soon as our DEX (ViteX) launches. More details on ViteX will be released on our forum shortly.

Background

As of Jan 15, 2019, VITE ERC20 Tokens were listed on the premier exchange Bittrex! The exchange is well-known for rigorously screening coins for listing, and setting standards for integrity in trading volumes.

Details

1. You need to register on https://international.bittrex.com/ and purchase a certain amount of VITE tokens.
2. Log into your web wallet, and withdraw the VITE tokens to the ETH address as indicated on the VITE conversion page in your web wallet.
3. Convert the VITE tokens into VITE native tokens on our TestNet. Further instructions for steps 2 and 3 can be found here.
4. Complete Google form below to officially enter this campaign.
5. The Campaign will run from March 1 to March 31, 2019.

Google form:

https://docs.google.com/forms/d/e/1FAIpQLScentpJycV2s9OVtJ-ReqJBHEEezF7O1VPQz_vNbC4oiAjtdw/viewform

Rewards

• If your total eligible conversion is between 10,000 and 1,000,000 VITE (inclusive), you will receive 0.65% of your conversion as bonus
• If your total eligible conversion is more than 1,000,000 VITE, you will receive 1.15% of your conversion as bonus

Additional Notes

1. You may participate as many times as you’d like. Make sure to complete the Google form for each time you participate.
2. The bonus coins will be distributed on a weekly basis.
3. Note that another token conversion campaign is running simultaneously. You will only be rewarded by one of these two campaigns. If you complete the Google form for the Bittrex conversion campaign, you will be rewarded according to the bonus chart above.
4. Conversion of VITE tokens purchased prior to this campaign will not qualify for this campaign. However, they will qualify for the other token conversion campaign mentioned above.
5. All rights reserved by Vite Labs.

---

Official: https://www.vite.org/

Vite Forum：https://forum.vite.net

Telegram:

• English: https://t.me/vite_en
• Chinese（中文）: https://t.me/vite_zh
• Russian: https://t.me/vite_russia
• Korean: https://t.me/vite_korean
• Vietnamese: https://t.me/vite_vietnamese
• Thai: https://t.me/vite_thailand

Twitter：https://twitter.com/vitelabs

Discord：https://discordapp.com/invite/CsVY76q

Reddit：https://www.reddit.com/r/vitelabs/

We will be having regularly scheduled AMAs via Telegram or YouTube. Please leave your questions in this thread!

@plasmo where can we find 10 more fans like you?

Thanks for such comprehensive description of your experience!

On April 9, we will host a live AMA session on Telegram.

The time will be decided from our Twitter poll: https://twitter.com/vitelabs/status/1247237360900657152

If you cannot participate in that AMA, you may ask your questions in this forum thread. And we will answer them after the live AMA session.

Take care of yourselves!

Actually I will settle for just 2 more. Just tell me where to find'em

@Snaker haha, Thai SEC

Transcript of AMA by Richard Yan, COO of Vite in VITE English Telegram Group on May 21, 2020

Richard Yan (Vite Co-founder & COO)
Hey all! I'm here now.

Richard Yan (Vite Co-founder & COO)
Happy to answer any questions you have.

Richard Yan (Vite Co-founder & COO)
I see posting in the forum. So let me answer questions there first.

--

SwissVite SBP
What is the state of the Vitelabs finances with the COVID episode, are you working on a new funding round?

Richard Yan (Vite Co-founder & COO)

We are not actively working on a funding round. The Covid situation only prevented team members from returning to the office for work at the beginning of the year. But that situation has been ameliorated, as lockdowns have been gradually lifted. We are conscientious in managing our treasury and still allocating almost all expenses to R&D.

--

Makesushi
Firstly Thank you for taking the time to do this Richard, I really appreciate it.

These are a few things i have noticed that could be improved:

1. I have noticed admins have to tell many users that the comment section is where to write the memo for binance it would save admins a lot of time if we just called comment => memo when sending vite or write both like this “Comment/memo” on sending transactions that way new users will not have that question as much and admins can focus on more important issues.

2. Seems like very little of the crypto community knows about vite/vx. What marketing is vite/vitex doing? And can you do more marketing? Are you planing any big marketing pushes?

3. My marketing recommendation is to pay 10 crypto youtubers to cover vite and vx and the passive income and fast free transactions, it will cost about 2500$ each and with that 25000$ you will have videos that will reach hundreds of thousands of people and will continue to get exposure for years to come, because youtube videos live for ever.

4. Referral code should be free or at most 1 vite, pricing it at 1000 vite so people can share your website is crazy, its making it difficult to grow. You want people to get a free referral code and when they do they will talk about vite/vitex and promote you. No other crypto project or general website charges to make a referral code. I understand that some people have paid 1000 vite to get these but its in the greater interest of vite/vitex to make these free, i recommend refunding 1000vite to those that paid and making it free.

Richard Yan (Vite Co-founder & COO)
[In reply to Makesushi]
Let me take a look at these questions
On #1 - If I understand correctly, you are saying the "comment" in the Vite wallet's send screen should be relabeled "comment/memo" or "memo." Correct? I think this makes sense. Let me check with our design team

On #2 - We've done multiple types of marketing tactics in the past, but found them not to be cost-effective. These tactics included: Articles on Forbes and Distributed magazine via PR firms, campaigns in bitcointalk, sponsorships of meetups, ads on social media platforms.

Instead, what we found to be the most cost-effective is onboarding new coins, attracting members from communities of those coins, and letting the product do the talking.

Indeed, our ranking soared to #1 at one point on coingecko just about a week ago.

We're in the midst of a slow period for altcoins. So what you are observing may be just that effect

#3 - yes we also did youtube videos, but again, the cost-effectiveness doesn't seem to be there. We had videos with many top KOLs (boxmining, cryptolark, etc). We do still have a few that we work with actively. Blockchainbrad, for example. We might do another video with him again soon.

#4 - we can consider lowering the threshold for referrals, good suggestion.

Ok your feature requests are noted. Will check with our product team

--

Lee Jose
Is there a plan to make the VX as stablecoin?

Richard Yan (Vite Co-founder & COO)
[In reply to Lee Jose]
We have interest in creating a stablecoin on the Vite network. This requires working with a trust to integrate on the Vite network. And there is a negotiation process involved, which is a bit slow now.

VX can't be a stablecoin because that was not the intention of the coin.

--

super
My questions are:

1. What are you (VITE labs) currently working on ?
2. I talked a while ago about the SVIP pricing. My opinion is that it's way too much for this feature. A SVIP is equivalent to an SBP, i think it should be way lower to bring more traders that want to have 0% base transaction fee. Do you agree?

Richard Yan (Vite Co-founder & COO)
[In reply to super]

1. ViteX liquidity bootstrapping, Vite Labs gateway coin selection, integration and maintenance. ViteX operator onboarding - a new Russian operator just joined (Chain Hedge). Vite.org website facelift. Re-structuring of ViteX gateway tech for third party use. ViteX API release after major code refactoring. And a few other things as in our biweekly reports.

2. We need to an analysis on this, to see if this makes sense. Thanks for raising this

--

said leee
I want to know news about the defi

Richard Yan (Vite Co-founder & COO)
[In reply to said leee]
The DeFi security issue is serious. tBTC shut down two days after rollout due to a bug problem. So we are moving cautiously here. After much deliberation, right now our focus is on other items.

--

Bigmopap
How is everyone on the team? Are they all in good health? What you guys are doing is innovative and alot of crypto projects do not come close. Especially with the all inclusive vite wallet. Which has a dex, multi chain deposits and withdrawals, staking and much more. How do we get more people exposed to the vitelabs project and vite wallet.

Richard Yan (Vite Co-founder & COO)
[In reply to Bigmopap]
I elaborated on our cost-effective marketing philosophy a bit earlier.

In addition, we have a podcast - which all of you should follow
知乎：https://zhuanlan.zhihu.com/p/135365763

币乎：https://bihu.com/article/1272263024

CSDN：https://blog.csdn.net/weixin_45235748/article/details/105713686

微信：https://mp.weixin.qq.com/s/KVva_FXG6c42xMXumSsvjA

微博：https://weibo.com/6572727462/IEFJzsysO

支点：https://www.zdpvt.com/pc/p/5ea1693d6e7c9572b0f86b96

链节点：https://www.chainnode.com/post/424374

比特财经网：https://bi8.btcmoney.cc/group/topic/id/424213.html

链闻:https://www.chainnews.com/articles/906006848814.htm
币快报：https://www.beekuaibao.com/article/702950937335934976

币看：https://bitkan.com/zh/ksite/articles/88504

币乎：https://bihu.com/article/1272263024

简书：https://www.jianshu.com/p/a0b59bc9d902

金色财经：https://www.jinse.com/blockchain/641190.html

火星财经：https://news.huoxing24.com/20200424113623043709.html

链向：https://www.chainfor.com/news/show/110241.html

币世界：http://i.bishijie.com/detail/926254

twitter.com/blockdebate
We have stepped up on outputting articles - both telling the Vite story (our products, tech) and sharing our thoughts on the industry

Make sure to follow our Medium

Our leaders are also more active on twitter. Make sure to follow twitter.com/gentso09

Also twitter.com/chunming_liu
twitter.com/soliury

This is our way of building connection with industry thought leaders and learning from the best. Co-founder of Hyperledger now follows our Medium and our Twitter as a result of the podcast effort. A few other thinkers in the space started following ViteX

--

Daniel
Can't find any paid advertising, Pr or marketing about Vite or Vitex

Richard Yan (Vite Co-founder & COO)
[In reply to Daniel]
We recruited in-house marketing professionals. We spent money on various China media: Here's an example of a tech article that went out to many Chinese outlets:

These outlets are quite cost-effective. As mentioned earlier, we tried western media, but the ROI is weak.

Our customer acquisition strategy is still mostly in ViteX and multi-chain wallet.

--

Modеrn
Can Vite do community voting for coin listing? For the community to decide which coin to add Vite

Richard Yan (Vite Co-founder & COO)
[In reply to Modеrn]
That's a fine idea. The challenge now is the shortage of great coins to be listed, because of conflicting qualities we seek in these coins. We need coins that have a strong community, but simultaneously haven't been picked up by a major exchange. Also, importantly, we need the target coin operator to be willing to co-market the listing (this is not always easy).

We thought about making a list of coins that the community can vote on, but that list isn't very long to begin with.

We do still find great coins from time to time, however. There is a major one being worked on now.

--

said leee
we want to know any new plans you have for development vite ecosystem

Richard Yan (Vite Co-founder & COO)
[In reply to said leee]
Due to circumstances, some features or products will take priority over others.

Aside from software development, we are now focusing a lot of time producing content to better tell our story and share our insights on the industry. It's our cost-effective, content-marketing strategy, if you will.

--

Yoh Wah
[In reply to Richard Yan (Vite Co-founder & COO)]
True,I know about vite/vitex bcause of this and regular airdrops program is also helpful imo

Richard Yan (Vite Co-founder & COO)
[In reply to Yoh Wah]
A Vite two-year anniversary rewards campaign is coming. So stay tuned for that!

--

Modеrn
China is a huge market. We also did English media in the past, but the return-on-investment is rather low.

Richard Yan (Vite Co-founder & COO)
[In reply to Modеrn]
China is a huge market. We also did English media in the past, but the return-on-investment is rather low.

Our English media presence can be found in:

• Our various social media channels

• Our medium

• And lately, our podcast: twitter.com/blockdebate
  (I know I'm repeating myself - but you should follow :))

--

Sonic Alex| Epiccash ViteX fan
[In reply to Richard Yan (Vite Co-founder & COO)]
If Western ROI is weak, how will you improve it?

Richard Yan (Vite Co-founder & COO)
[In reply to Sonic Alex| Epiccash ViteX fan]
With in-house media channels as mentioned above.
Many of our podcast episodes gets 500-1000 downloads, and the tweet from the debaters gets many impressions. This is part of the marketing strategy.

--

Daniel
We have a team working on this. Christy, Zack, Chris, me, Isda and others

Richard Yan (Vite Co-founder & COO)
[In reply to Daniel]
We have a team working on this. Christy, Zack, Chris, me, Isda and others

--

Serafim
Good evening dear team. Are you planning to add any other functions for vx besides dividends? To expand the scope.

Richard Yan (Vite Co-founder & COO)
[In reply to Serafim]
That's pretty much the scope of VX. We are working on a bunch of other things ViteX related. See my response to @superflux1 above

--

Modеrn
Can Vite do community voting for coin listing? For the community to decide which coin to add Vite

Richard Yan (Vite Co-founder & COO)
[In reply to Modеrn]
Only operators decide coins to list. That's the point. One can apply to become an operator. We just added Chain Hedge, a Russia-based operator.
Richard Yan (Vite Co-founder & COO)
[In reply to Sonic Alex| Epiccash ViteX fan]
Have you tried making an order on global.vite.store? It should be functional. Also, the campaign will involve VCP

We recently sent some products to customers that ordered off the store

--

Артём
Hi, can you disclose what will be an interoperability solution declared after Kardia partnership, general scheme at least. For now i see a dex with centralised point of failure - gateways, will it be improved by this solution?

Richard Yan (Vite Co-founder & COO)
[In reply to Артём]
The point is that anyone can become a gateway. That's the best remedy now. We are also considering atomic swaps for more decentralized gateways, but there are tradeoffs there and will take time to figure out if they're worth it.

--

Sonic Alex| Epiccash ViteX fan
Any plan staking at others exchange?

Richard Yan (Vite Co-founder & COO)
[In reply to Sonic Alex| Epiccash ViteX fan]
Yes, in talks with a major exchange now. No promises however, because it depends on outcome of negotiation

--

End of AMA.

--

Official: https://www.vite.org/
ViteX Official: https://vitex.net/
Instagram: https://www.instagram.com/vite.labs/?hl=en
Twitter: https://twitter.com/vitelabs
Vite Forum: https://forum.vite.net
Telegram:
• English: https://t.me/vite_en
• Chinese: https://t.me/vite_zh
• Russian: https://t.me/vite_russian
• Korean: https://t.me/vite_korean
• Japanese: https://t.me/vite_japanese
• Vietnamese: https://t.me/vite_vietnamese
• Thai: https://t.me/vite_thai
• Arabic: https://t.me/vite_arabic
• German: https://t.me/vite_german
• French: https://t.me/vite_french
• Turkish: https://t.me/vite_turkish
• Indonesian: https://t.me/vite_indonesian
• Spanish: https://t.me/vite_spanish
• Portuguese: https://t.me/vite_portuguese
• Malaysian: https://t.me/vite_malaysian
• Filipino: https://t.me/vite_filipino
• Bengali: https://t.me/vite_bengali
• African: https://t.me/vite_africa
Discord: https://discordapp.com/invite/CsVY76q
Reddit: https://www.reddit.com/r/vitelabs/
Facebook: https://www.facebook.com/vitelabs/

We are creating a community-run Vite Developer Committee (“The Committee”) that will oversee the proposal, development, and reward of new projects on the Vite chain. Funding for project developers will be provided by Vite Labs.

The initial candidate pool of the Committee consists of community members to be invited directly by Vite Labs. These individuals include SBP owners, gateway operators, community managers, other long-time community members, and a few Members from Vite Labs.

A meeting with all the aforementioned candidates will be held, where we will discuss the rules and processes outlined in this document, suggestions for efficiently and effectively running the Committee, and ideas for Developer Bounties.

More details:
https://medium.com/vitelabs/announcing-the-vite-developer-committee-fb617282e0ce

Vite Labs is aware of the instability in block creation by SBPs in the last few days. Initial investigation shows that this is caused by anomalies in the transaction data syncing process between nodes. Our engineering team is conducting further analyses.

In relation to this matter, we would like to mention a few points:

First, restarting the SBP server may solve the problem (indeed this already has done so for some). If this doesn’t work, please state as such in a reply to this post.

Second, please pay attention to the notification section of the block explorer and the forum. Any necessary upgrade to solve the block creation problem will be announced in these channels.

Thank you.

Vite Labs Leadership AMA (July 10, 2020) - Leave your questions here!

Very nice!

Thanks for the suggestions, we are sharing this with our frontend engineers.

Dear Vite Fans,

As of Jan. 8, the amount of VITE ERC20 tokens migrated to Vite TestNet has reached 80 million, and these tokens became eligible for voting for Snapshot Block Producers (SBPs).

Now we have decided to host a second ERC20 to VITE Token Conversion Campaign this January!

Round 2 Token Conversion Campaign

Dates: Jan. 10 - Jan. 31, 2019

Rewards: 1% for the total amount of VITE converted during this campaign!
(You may earn a bonus by voting for official SBPs, and the annualized return for voting exceeds 20%.)

New Benefit: Vite now has a one-click token conversion function in its web wallet. Vite community members no longer need to run smart contracts to participate in token conversion! It’s a one-step user-friendly process!
Check details here.

Upon successful conversion, complete this Google form: https://goo.gl/forms/hBR1meCNooMeagFY2

Or

If you reply to this post with a screenshot that shows a successful conversion, Vite Labs will send rewards to your corresponding address immediately.

------------------------------------------------------------------- -------------------------------------------------------------------------------------

* [A Note on Conversion Bonuses for New Year’s Eve]

If you previously converted Vite ERC20 token to TestNet, you would have noticed that you received token bonuses on New Year’s Eve. This bonus was meant to be a thank-you for our early converters.

Details are below:

• If your initial token conversion occurred before December 1, you would have received 1% VITE of the total conversion amount.

• If your initial token conversion occurred between December 2–20, you would have received 0.7% VITE of the total conversion amount.

• If your initial token conversion occurred after December 20, you would have received 0.5% VITE of the total conversion amount.

Vite Labs really appreciates your contributions and participation.

Let's Create Something Cool!

@SwissVite We are not actively working on a funding round. The Covid situation only prevented team members from returning to the office for work at the beginning of the year. But that situation has been ameliorated, as lockdowns have been gradually lifted. We are conscientious in managing our treasury and still allocating almost all expenses to R&D.