November 2023 Project Update — VinuChain (VC)

Vinu Foundation

Published in

VinuChain

3 min readDec 18, 2023

Welcome to the November 2023 update for VinuChain!

Vinu Foundation decides to burn all validator rewards they receive for the foreseeable future

VinuExplorer — New Block Explorer

VinuExplorer went live on Nov 9. There are a lot of granular data and analytics on this new block explorer. Anyone can now view top accounts and the team wallets in an open and transparent way.

If you look closely, some team wallets are already set up with multisig!

VinuStartup

VinuStartup is a new page created to explore all the projects building on VinuChain and new community launch opportunities.

Make sure you give it a follow!

https://x.com/vinustartup

DEX Listing — Vitex

On Nov 4, VinuChain $VC token was listed for trade on the ViteX decentralized exchange. Traders can now trade $VC on the platform with four trading pairs on the platform:

Become a VinuChain Validator and Earn APY

Validators on VinuChain are responsible for processing transactions, creating new blocks, and participating in the consensus mechanism. They are incentivized not only by block rewards but also through earning gas fees from transactions processed by non-stakers.

On Nov 5, we published a detailed guide on VinuChain nodes and how to become a validator in the network. At the time of publishing, VinuChain Validators could expect 100%+ APY from block rewards. Find out more here.

Cross-Chain Bridges

Thanks to our partnerships with WanChain and XGate, VinuChain $VC token is easily bridged to the BNB Chain and the Vite network.

On Nov 6, we published a step-by-step cross chain tutorial to guide users on cross chain transactions. Our cross-chain efforts hold immense promise for enabling innovative applications, ranging from decentralized finance (DeFi) to tokenization of real-world assets (RWA).

VinuChain’s determinably feeless structure and EVM compatibility will benefit all connected cross-chain ecosystems, fostering a more secure, diverse and resilient blockchain landscape.

Find out more details here.

$VC BEP-20 on MEXC

On Nov 9, $VC BEP-20 token is open for deposit/withdrawal on MEXC. Users can now choose either the VinuChain native $VC or BEP-20 $VC to engage with MEXC Global!