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VITE Price (VDAO)
2,174,226,156 VDAO
![VITE's Logo](https://s1.coincarp.com/logo/1/vite-org.png?style=72&v=1725414824)
VITE (VDAO) Chart
VITE (VDAO) Return On Investment(ROI)
What Is VITE(VDAO)?
VITE is the native currency of the Vite network. It is used to secure the network in a Hierarchical Delegated Proof of Stake system. VITE is also used to obtain computational power in the form of Quota. This process is called locking. Quota is then consumed to pay for transactions on the network. The VITE locked for Quota can be unlocked and redeemed at no loss to the user, making Vite a truly zero-fee layer1 chain.
What is the Utility of VDAO Token?
Get Quota
In the Vite network, users can lock VITE to obtain Quota. Quota is then consumed to pay for transactions. The consumed Quota will replenish over time as long as VITE remains locked in the system. The locked VITE can be redeemed at no loss.
Stake as Mining
On the ViteX exchange, users can mine platform token VX by staking VITE. Staked VITE coins can be retrieved in three days and is locked for seven days before coins credited to each user's account. Please note that there are no rewards during the retrieval time mentioned above.
Vote for an SBP
The super nodes in the Vite network are called Snapshot Block Producers, aka SBPs. Users can use the unlocked VITE to vote for the SBPs. Some, not all, SBPs share their block rewards with the voters.
VITE (VDAO) Community
- Twitter: https://x.com/vitelabs
- Telegram: https://t.me/vite_en
VITE FAQ
What is the price of VITE (VDAO) token?
CoinCarp does not currently have price data for VITE as it has yet to be listed on any cryptocurrency exchanges (CEX or DEX). Once VITE is live on an exchange, CoinCarp will provide real-time VITE (VDAO) token prices from different exchanges.
Is VITE (VDAO) token a good investment?
It depends on your personal risk tolerance and investment goals. VITE is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. Before investing, please do your own research about cryptocurrencies, crypto wallets, cryptocurrency exchanges, and smart contracts, and it is crucial to understand the risks and potential rewards of investing in cryptocurrencies..
If you decide to get involved in VITE investing, you will also need to understand the VITE project's white paper, team background, tokenomics, and the overall market environment.
Where can I buy VITE (VDAO) token token?
CoinCarp's tracking data suggests that the VITE is currently not available for purchase on a cryptocurrency exchange. While you may be able to purchase VITE from other traders through Over-the-Counter (OTC) trading, the risks associated with this method are considerable. We strongly advise you to do your own research and understand the risks involved before engaging in any trading activities for VITE.
How to short VITE (VDAO) token?
According to CoinCarp's tracking data, no crypto exchange yet supports VITE contracts or ETF trading. so you can't short VITE
What will VITE (VDAO) token be worth in 5 years?
It is impossible to predict what VITE will be worth in five years. The cryptocurrency market is highly volatile and can be affected by a variety of factors, such as US dollar policy, government regulations, technological progress, market sentiment, VITE's circulating supply and the development of project ecology. Therefore, it is impossible to accurately predict the price of VITE 5 years from now.
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![VITE's Logo](https://s1.coincarp.com/logo/1/vite-org.png?style=72&v=1725414824)
VDAO Price Statistics
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$0 / $0
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$0 / $0
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$0 / $0
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$0 / $0
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$0
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