Post
Topic
Board Speculation (Altcoins)
Re: [VX] ViteX Speculation Next 10x?
by
cryptonx
on 15/01/2021, 21:10:56 UTC
The best thing is that their team: https://vite.org/figure#team is working hardly to implement vite gateway 2.0, people will be able to trade like in uniswapp (pool model) with minimum fees compared to uniswap, it will increase the volume a lot and in consequence the daily dividends, when vite 2.0 launch they will list a lot of new coins and I hope they list those new promising DeFi coins as well.

It's a simple math, if with 700k daily volume we get a 70% APY, with just 7M daily volume we will get 700% APY but the way the ecosystem find the equilibrium the price of VX will raise to compensate those increase in APY, a increase of 10x in price will retun the apy to 70%. So, to get easily 10x of price increase the ViteX just need a increase of 10x of trading volume in their exchange.

so, this project is some kind like uniswap with minimum fees, thats great idea
because of that, i think this VX will grow about x10 soon or later
and i hope this vitex will be the best competitors for uniswap