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    Sorasuk05536003

    @Sorasuk05536003

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    Best posts made by Sorasuk05536003

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    Latest posts made by Sorasuk05536003

    • RE: [ANN] AR/USDT Eligible for Trading as Mining and 3X MM Mining Rewards for One Week

      Krystal said:

      Dear Users,

      Trading pair AR/USDT will soon be enabled with Trading and MM as mining, starting 15:00 (UTC+8) on Oct 13.

      A week of special event to receive 3X market-making as mining rewards for trading pair AR/USDT will also start from 15:00 (UTC+8) Oct 13 and last through 15:00 (UTC+8) Oct 20.

      About Arweave

      Arweave is a new type of storage that backs data with sustainable and perpetual endowments, allowing users and developers to truly store data forever.

      Mining Range
      8b6dc25b-440c-4431-9a4a-d91936b36ca1-image.png
      Note:

      The ratio of VX rewards from buys versus sells is capped. When the ratio hits the cap, if one continues to place buy orders, their VX rewards will NOT be increased.

      The ratio of VX rewards from sells versus buys is also capped. When the ratio hits the cap, if one continues to place sell orders, their VX rewards will NOT be increased.

      Example
      Suppose that the USDT market has only HNS/USDT trading pair and all orders are placed for 24 hours, a total of 250 VX will be allocated as mining rewards. Consider five scenarios as follows:6a9cdbb0-78c1-45b8-b923-399457f14d63-image.png
      The mining calculation is conducted as follows:

      The Base Number of 1 user on one market in a day = the sum of all Base Numbers of every single order of that market. Here, the Base Number (m) is subject to three factors: the order time (T), the order amount (A), and the mining coefficient (y). That is, m = T * A * y (T ≥ 300 seconds)

      The sum of the Base Number on one market in a day = the sum of the Base Numbers of all eligible orders on that day. That is, M = m1+ m2 + m3 + .....mn

      Mined VX of 1 user = m / M * 2.5% * VX daily released amount on that day

      Links:

      ViteX website:https://vitex.net/

      Vite APP Download:https://app.vite.net/

      Twitter:https : //twitter.com/ViteXExchange

      Telegram:https : //t.me/vitexexchange

      Oct 12, 2020

      Team ViteX

      posted in Announcement
      Sorasuk05536003
      Sorasuk05536003
    • RE: [Ann]: Trading Pair TRTL/ETH Eligible for 5X MM as Mining Rewards

      @christea said in [Ann]: Trading Pair TRTL/ETH Eligible for 5X MM as Mining Rewards:

      Dear ViteX users:

      Trading Pair TRTL/ETH will be enabled with market-making as mining starting 15:00 HKT (UTC+8), January 9.

      A special mining event of receiving 5X MM VX rewards on TRTL/ETH trading pair will go live at 15:00 HKT on January 9th, and ends at 15:00 HKT on January 16.

      Mining range for TRTL/ETH trading pair
      Screen Shot 2020-01-08 at 16.40.15.png

      Note:
      The ratio of VX rewards from buys versus sells is capped. When the ratio hits the cap, if one continues to place buy orders, their VX rewards will NOT be increased.
      The ratio of VX rewards from sells versus buys is also capped. When the ratio hits the cap, if one continues to place sell orders, their VX rewards will NOT be increased.

      Example›
      Suppose that the ETH market has only TRTL/ETH trading pair and all orders are placed for 24 hours, a total of 250 VX will be allocated as mining rewards. Consider five scenarios as follows:
      Screen Shot 2020-01-08 at 16.39.31.png

      The mining calculation is conducted as follows:

      The Base Number of 1 user on one market in a day = the sum of all Base Numbers of every single order of that market. Here, the Base Number (m) is subject to three factors: the order time (T), the order amount (A), and the mining coefficient (y). That is, m = T * A * y (T ≥ 300 seconds)

      The sum of the Base Number on one market in a day = the sum of the Base Numbers of all eligible orders on that day. That is, M = m1+ m2 + m3 + .....mn

      Mined VX of 1 user = m / M * 2.5% * VX daily released amount on that day

      January 8, 2020
      Team ViteX

      posted in Announcement
      Sorasuk05536003
      Sorasuk05536003
    • RE: Two things You Need to Know about Quota

      @Lola said in Two things You Need to Know about Quota:

      Limit

      posted in Announcement
      Sorasuk05536003
      Sorasuk05536003