As you all know, Vite Labs held its first ERC20 to VITE Token Conversion Campaign back in December. We had an excellent turnout, and rewards were released to participants several days ago.
As of Jan. 8, the amount of VITE ERC20 tokens migrated to Vite TestNet has reached 80 million, and these tokens became eligible for voting for Snapshot Block Producers (SBPs). Users may earn bonus by voting for official SBPs, and the annualized return for voting exceeds 20%.
We have now decided to host a second ERC20 to VITE Token Conversion Campaign this January! Here are the details.
Round 2 Token Conversion Campaign
Dates: January 10 to January 31, 2019
Rewards: Participants will receive an additional 1% for the total amount of VITE converted during this campaign!
New Benefit: Vite now has a one-click token conversion function in its web wallet. Vite community members no longer need to run smart contracts to participate in token conversion! It’s a one-step user-friendly process! Check details here.
Upon successful conversion, complete this Google form: https://goo.gl/forms/hBR1meCNooMeagFY2
A Note on Conversion Bonuses for New Year’s Eve
If you previously converted Vite ERC20 token to TestNet, you would have noticed that you received token bonuses on New Year’s Eve. This bonus was meant to be a thank-you for our early converters. Details are below:
- If your initial token conversion occurred before December 1, you would have received 1% VITE of the total conversion amount.
- If your initial token conversion occurred between December 2–20, you would have received 0.7% VITE of the total conversion amount.
- If your initial token conversion occurred after December 20, you would have received 0.5% VITE of the total conversion amount.
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