Lock your $VITE to get Quota and share a pool of 100,000 $VITE as rewards!
It’s time to get Quota!
One of the unique features of Vite is that it costs zero fee for transactions. Most of the layer1 blockchains deduct a gas fee for performing transactions. On Vite, transactions do not consume any gas fees in the form of the native currency $VITE, instead it consumes computing power in the form of Quota. So it’s essential that users of the Vite chain lock up their $VITE and get Quota.
Today, we are launching a brand new #GetQuota Campaign. Lock your $VITE to get Quota and share a pool of 100,000 $VITE as rewards!
How does it work?
Lock your $VITE in the Vite App to get Quota. The more $VITE you lock and the longer period of time you lock, the more you get to share the percentage of the 100,000 $VITE rewards.
The calculation is as follows:
$VITE locked for Quota * Duration of lock up time (hours) = Your Quota Locking Score
Your rewards share = 100,000 VITE * Your Quota locking score/Total Quota Locking Score
Duration
8 weeks starting on Feb 21, 2022 at 8pm UTC.
The amount of $VITE you will earn will be airdropped to your wallet address at the end of the 8-week period on April 14, 2022.
So get ready and get Quota!
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