Currently, existing VITE ERC 20 tokens can be converted into Vite native coins at the rate of 1:1 upon completing a token swap.
Deposit ERC 20 tokens to Vite wallet and click “convert” to complete the process. Since the Ethereum public chain charges for withdrawals, a small amount of ETH needs to be transferred to the Vite wallet to initiate the deposit.
Vite native coins can be staked to mine VX on ViteX, or receive rewards by voting for super nodes in Vite wallet.
Time frame for the token swap is Sept 25, 2019 — Sept 25, 2020
Stay tuned for more updates.