Vitality (VITA) Token Launch & FAQs

  • First VITA tokens will be minted via decentralized smart contract
  • All IoTeX voters can claim VITA repeatedly (tutorial coming soon)
  • Launch of VITA Discord with airdrops, giveaways, lotteries, and more!

Q: What is VITA?

Q: Why create VITA instead of using IOTX?

Q: What is the total supply of VITA?

Q: How will VITA be distributed?

  • Staking Pool: 60% of new VITA goes to the Staking Pool, which will be “claim-able” by all IoTeX voters daily. A voter’s daily share of claim-able VITA is based on their votes. See “Claiming VITA Instructions”.
  • Community Pool: 20% of new VITA goes to the Community Pool. Anyone can earn VITA by completing fun tasks, making referrals, and growing the community. See “VITA Community Tasks List”.
  • Bidding Pool: 20% of new VITA goes to the Bidding Pool. Every day, users can “bid” IOTX and receive VITA in return. All IOTX gained from bidding is added to the Delegate & Voter Rewards Pool. See “VITA Bidding Pool”.

Q: Why 25 hour VITA minting cycles?

Q: How do I claim and store VITA?

Q: What will happen to unclaimed VITA from the Staking Pool?

  • 25% will be added to the following day’s Staking Pool
  • 50% will go to Community Pool to grow the community
  • 25% will be added to the following day’s Bidding Pool

Q: I am an IoTeX voter — does VITA affect anything?

Q: What kind of token is VITA?

Q: Is VITA tradeable?

Q: Will there be a VITA Airdrop?

Q: What will happen to the current IoTeX points system?

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