VX is the token related to ViteX. Users who hold VX enjoy payouts from a shared reward pool comprised of transaction and listing fees. There will be no public nor private sale for VX. Users can only get VX through mining.
Based on the results of the community voting on the VX release curve in October, we plan to burn a total amount of 70,671,202.2 VX On December 7. After the burning event, the total VX will be 29,328,807.8, which will be released in 8 years. The release of VX will start from 10,000 on December 7, 2019, and continue to increase for 90 days, reaching 50,000 on March 6, 2020 (10,000 on December 7, and 50,000 on March 6, 2020). The daily release of VX begins to decline after March 6, 2020.
Original: The total supply of VX was 100 million. All VX would be distributed in two years, with zero inflation. The daily average VX distribution is proportionally decreasing.