VDAO airdrop went through many processes and been final approved by core team,community projects and community members(vite holders). The final proposal by community members votes passed with 100% votes agreed, with total 40 millions votes.
The process was completed as following:
Logo proposal:
Final community approval:
VDAO Allocation and Distribution:
The VDAO tokens will be allocated as follows and distributed in batches:
Vite DAO airdrop
Token Name: Vite DAO
Decimals: 18
Token Symbol: VDAO
Total Supply: 2,174,226,156 = 1,087,113,078 * 2 （The total amount of VITE DAO token is 2 times the total amount of VITE）
50% of the total supply for the 1:1 airdrop to existing VITE holders.
- 20% reserved for rewards for votes in the DAO, incentivizing active participation in governance.
- - 10% allocated for VX holders, acknowledging their integral role in empowering the network.
- - 10% designated for staking VITE, with tokens locked for quota and full nodes, supporting network security and stability.
- - 5% allocated for team maintenance and LP, ensuring the sustainability and development of the ecosystem.
- - 5% distributed equally among the top community projects (Vinu, VITC, VT, Viva, and ViCAT), recognizing their contributions to the ecosystem.
From 20% reserved for vdao votes, there will be 1% of it distributed to users voted on the final proposal.
In general, the community supports the airdrop for VITE (wallet, ViteX including staked in ViteX, SBP staking, locked for quota, locked for full node), VX (wallet, ViteX including staked in ViteX), and community tokens (wallet, ViteX), exclusively within the Vite network. Networks regarding other blockchain networks such as BSC or Ethereum will not be considered.
Snapshot
Snape date will take place on May 10th 2024.
Bridge vite bep20 TO Vite Native Coin
You can use ViteX gateway to deposit vite bep20 via: https://app.vite.net
Or desktop : https://github.com/vitelabs/vite-wallet/releases
Web wallet: https://x.vite.net
Or via Binance exchange( Vite network and BSC network supported).
Distribution.
The distribution will happen automatically and no claim needed. The distribution for all allocations will happens in one batch. The only allocation reserved for vdao votes will be distributed 1% as per first vdao vote, the rest for upcoming voting, staking and other utilities.
The distribution date will be announced later within 4 weeks after snapshot date, but not longer than 4 weeks.
Official: https://www.vite.org/
ViteX Community DEX : https://vitex.net/
Twitter: https://twitter.com/vitelabs
Vite DAO: https://dao.vite.org/
Telegram:
English: https://t.me/vite_en
Russian: https://t.me/vite_russian
Arabic: https://t.me/vite_arabic
Spanish:https://t.me/VITE_Spain
Indian:https://t.me/VITE_India
Vite announcement: https://t.me/vite_ann
Discord: https://discordapp.com/invite/CsVY76q
