VITE VITE Price 0.00371197

What is it called? A smart-contract platform built by a Vite has a Snapshot Chain structure to facilitate zero-fee transactions and improve transaction speed, reliability, and security. Supernodes take only staking rewards and no transaction fees, while the Snapshot Chain of Vite uses Hierarchical Delegated Proof of Stake to achieve network consensus. The VITE token is the currency for simple token transactions and smart-contract executions on the Vite network, with users staking VITE for transaction quota instead of consuming gas. VITE can be used to vote. If you have unused transaction quota, you can lease it to dApps in exchange for your token. The current products of the company include an exchange, wallet application, and payments. Over 20 digital assets can be supported by the on-chain orderbook and matching engine of the ViteX. There is a mobile application that allows trading, asset management, and dapps in one place. Users can pay for merchants with the Vite wallet, who will receive zero fees with near-instant settlement. Government and enterprises can use a Vite-based solution. Can you buy or mine it? VITE can be purchased at major exchanges. You can receive block rewards in the form of annual inflation of 30 million VITE coins if you run a Snapshot Block Producer on the Vite network. There is a distribution. The private sale token makes up 40.43% of the total supply. 100% of the total supply is comprised of marketing token. The token is the total supply. Airdrop token makes up 50% of total supply.