Hello everyone! Our team is happy to announce the reward token of the VIBEVERSE ‘VIBEREUM’! It’s with great pleasure to introduce VIBEREUM to the VIBE community for the first time and discuss how citizens of the VIBEVERSE can earn it! In addition to the announcement of VIBEREUM. We’re proud to introduce to the VIBE community ‘VIBE Foundry’. Users can use the VIBE Foundry to swap their VIBEREUM to VIBE and VIBE to VIBEREUM. There is a lot to get to, so let’s get started!
How to earn VIBEREUM?
VIBEREUM is earned by VIBEIANS who set up mining operations on any planet within the VIBEVERSE. Any VIBEIAN can acquire mining operations but remember, non-planet owners must obtain permission from planet owners to mine on their planet. If a planet owner gives you permission to mine on their planet, you pay them a percentage of your mining rewards.
Mining operations are mining rigs that are game objects and can be placed on any planet. In order to keep your mining rig sufficient with power. VIBEIANS must collect minerals from their planet and surrounding planets to feed their mining power and keep mining operations operational. The more VIBEIANS a planet has working, the more power and production of VIBEREUM is generated.
VIBEREUM has numerous use cases within the VIBEVERSE. VIBEREUM is used to acquire defensive and offensive weaponry to shield their planet from any potential attacks and attack other planets. VIBEIANS can also use VIBEREUM to fuel spacecraft to help travel the VIBEVERSE at the highest of speeds. Our team is continuing to evaluate new potential uses cases for VIBEREUM within the VIBEVERSE! Stay tuned!
But be warned now! Planets can raid other planets and steal their precious VIBEREUM and destroy mining operations. If there is peace among the VIBEVERSE, that is going to help everyone prosper. But not all planet owners of the VIBEVERSE could like having peace. It will be in planet owners best interest to protect their planet of its resources and acquire defensive and offensive weaponry to help shield their planet from any potential attacks and help in the attempt to raid other planets.
VIBE Foundry
VIBEIANS can swap their VIBEREUM to VIBE and VIBE to VIBEREUM using the VIBE Foundry. Remember, VIBE Foundry is built on VIBENET so there are no gas fees for using VIBE Foundry! Users who have balances of VIBEREUM and VIBE in their VIBENet Virtual wallet can instantly swap their tokens.
The VIBE team will set up the first liquidity pool on VIBE Foundry upon launch. As VIBE Foundry grows, we will give users the option to contribute to the liquidity pool and earn additional rewards. VIBE Foundry is the only place to swap your VIBEREUM for VIBE at this time. Users can’t withdraw VIBEREUM or create their own liquidity pools on any secondary market. VIBENet is VIBEREUMS only gateway upon launch.
The VIBE Team is preparing to open up mining operations for VIBEREUM to citizens of the VIBEVERSE by the end of 2020. Current planet owners and VIBE NFT Holders will be given a credit of VIBEREUM in their VIBENet Virtual Wallets to help them on their way to mining for VIBEREUM.
Please note that VIBEREUM is earned by how much you are mining on your planet. There is no reserve for the VIBE Team or any potential partners of the VIBEVERSE. The VIBEVERSE is owned by all VIBEIANS and you can submit proposals to the community to vote on new protocols of the VIBEVERSE economy.
Our team is very excited to make this announcement to the community! The addition of VIBEREUM and VIBE Foundry to the VIBE Ecosystem is a great way to bring more incentive to VIBE NFT Holders and all users participating in the VIBEVERSE. While at the same time strengthening the ecosystem of the VIBE Token!
In the coming weeks our team will release more information on the distribution of VIBEREUM and the ecosystem of how much is mined and difficulty adjustments of producing VIBEREUM. Stay tuned everybody! It’s going to be a fun Q4 for the VIBE community! Thank you all for your continued support! If you have any questions or comments, please join the VIBE Telegram Channel below!
VIBE Telegram Channel
VIBEHub Website
VIBE NFT & VIBEVERSE Information
