October 2023 Project Update — Vita Inu (VINU)

October 2023 was dominated by the launch of VinuChain, our very own novel feeless Layer 1 DAG chain.

Vinu Foundation
VINU | Vita Inu
4 min readNov 29, 2023

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VinuChain $VC Airdrop

VinuChain $VC airdrop snapshot was taken on September 30 at 2:51 UTC. 8,317 eligible users held 1B+ $VINU at Snapshot and received their $VC on Reward Day October 20.

The airdrop was sent via BSC/BEP20 $VC.

BEP20 Contract Address: 0x2Bf83D080d8Bc4715984e75E5b3D149805d11751

The Reward Ratio was 1 $VC per 21,849,274.35 $VINU. The Ratio was capped at 1T VINU.

You can bridge your BEP20 $VC into Native $VC via Wanbridge.

VinuChain $VC Initial DEX Offerings (IDOs), Presales

In October, VinuChain has conducted multiple successful Initial DEX Offerings (IDOs) and presales, all of which have been fully subscribed, resulting in a total of more than $900,000 to fuel the growth of VinuChain development. Here is a quick summary list:

  1. IDO with BSCS
  2. IKO with Kommunitas
  3. Second presale with PinkSale
  4. IDO with Spores Network
  5. IDO with Poolz Finance
  6. IDO with IXIRPAD
  7. IDO with KingdomStarters
  8. IDO with TorkPad

Reddit AMA

On October 16, VinuChain hosted an AMA & Giveaway event on the biggest crypto subreddit in the world! We have received tremendous community support and one of our co-founders, Taylor, was able to cover some very important aspects of the development of VinuChain. Make sure you check them out here.

VinuChain $VC Listings

Gate.io

On October 8, VinuChain participated in the Gate Web3 Startup program. $2,000 worth of $VC was up for grabs for Gate.io users. Demand for $VC was oversubscribed at 39,294.00%! The VC/USDT pair was listed for trade on Gate.io subsequently on October 13.

MEXC Global

After a successful Kickstarter program on MEXC Global, the VC/USDT trading pair was listed on the exchange on October 15. More details can be found here.

Earn $VC and $USDT by providing liquidity on PancakeSwap (v3)

$VC was also listed on Pancakeswap (v3)!

Holders of $VC and $USDT can now provide liquidity on PancakeSwap (v3) and earn rewards.

A guide for staking can be found here.

Coingecko

$VC is listed on Coingecko with verified supply!

Wanchain x VinuChain (Wanbridge)

On October 11, Wanchain has deployed new decentralised, non-custodial bridges connecting VinuChain to 6 other networks!

The initial routes: OKTNetwork, BNBChain, Bitcoin, Ethereum, Polygon, and Wanchain.

The initial assets: BTC, ETH, USDC, USDT and VINU.

Try the VinuChain Bridges at: https://bridge.wanchain.org

$VC Burns

On October 22, 10,000,000 $VC tokens worth a whopping $250,000 were burned. These $VC tokens were refunded by IDO launchpads. The team intends to burn all tokens that were unsold from public/private sales.

VinuChain Grants Program

On October 19, VinuChain launched its grant program. $7M worth of $VC will be distributed to eligible web3 builders to develop dApps and tools on VinuChain’s innovative determinably feeless EVM network.

Grant Applications are open here.

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