ViteX Fees Reimbursement for Qualified Gateways

Joel Yang
Vite Labs
Published in
2 min readMar 4, 2022

Fees include token minting fees and trading pair listing fees

To further incentivize the listing of new tokens to be traded on ViteX, we are now rolling out a fee reimbursement program for all qualified gateways.

And for a limited time only, this policy is applicable to all known gateways regardless of their SBP sponsorship status by Vite Labs. The time period is 6 months upon publication of this article.

To find out more on how to become a sponsored gateway, please refer to the ViteX Gateway Incentive Plan.

Reimbursable Fees

Token minting fees and trading pair listing fees

Requirements

All Gateway DAOs sponsored by Vite Labs are qualified to get their new token listing fees reimbursed if they meet the following requirements:

  1. Full disclosure of listing plans for the next 6 months. This can be a shareable read-only google sheet document. The gateways can change their listing plans as they go, however, by giving Vite Labs full access, we could also coordinate and plan accordingly. The plan needs to include the specific token name, official website, token standard (e.g. ERC-20), and planned listing date.
  2. Listing at a minimum a new token per month and one new chain every 3 months.

Reimbursement Schedule

The fee reimbursement schedule mirrors the schedule of SBP voting (if applicable). After the new token listing, Vite Labs will test the deposit/withdrawal functionality of the new tokens. Upon verification, Vite Labs will vote for the Gateway’s SBP (if applicable) and reimburse the listing fee for the trading pair and the token minting fee for the new token as well. This process may take up to a week after the trading pair goes live.

All rights reserved by Vite Labs.

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