Ninjastic
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Board Announcements (Altcoins)
Re: [ANN] [VITE] [DAG + Smart Contract] Vite | Asynchronous Architecture
by
ViteLabs
on 29/02/2020, 10:32:59 UTC
Quote from: nabcawindner on February 29, 2020, 08:54:14 AM
Quote from: ViteLabs on February 28, 2020, 06:24:11 PM
Quote from: airdrop2003 on February 28, 2020, 01:12:39 PM
Quote from: koang on February 27, 2020, 07:33:03 PM
Quote from: phalvihegug on February 27, 2020, 04:50:09 PM

How much tokens have already been burned?

At this time, over 10 million VITE has been burned (10037120.26 VITE) and  Current supply: 999806197 VITE
ViteX develops more and more Vite burned  Smiley
You can check here: https://vitex.net/

Can you explain me for what reason you burn tokens? It helps Vite price or this is nessesary to bring new investments?

Of course, I think you understand that the less coins in circulation, the higher the price of these coins
How long will token burn be? As I check price is going up now, that's very good

Burning is based on the collected fees in VITE trading pairs on the Vitex.net exchange