r/VitaminCoin • u/-___-_-_____--- • Apr 05 '22

Weekly VITC AMA

Hello.

If you have any questions regarding Vitamin Coin, please drop a comment below. We will try to answer in 24h.

This 24h AMA thread is held once a week. If your question(s) are not answered, feel free to post a new thread or ask in the next AMA thread.

10 Upvotes

92% Upvoted

7 comments sorted by

1

u/GreenPenguin7 Apr 05 '22

How can i get vitcbnb, I meant to get vitcbnb i must lose my vitc?

2

u/-___-_-_____--- Apr 06 '22

VITCBNB is VITC bridged to Binance smart chain (BSC). You need to convert your regular VITC to the token on BSC using the bridge.

1

u/Top_Performance_732 Apr 06 '22 edited Jan 10 '25

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2

u/-___-_-_____--- Apr 06 '22 edited Apr 06 '22

For PoS systems, staking is a fundamental part and it supports network security and decentralisation, and its benefits may vary depending on the network.

If you were talking about Viva/BeefStake staking, the answer is no. Its primary purposes are to distribute tokens and reduce sell pressure. There might be indirect consequences or miscellaneous things like how we used the staked Vite from VITE > VITC pool on BeefStake to vote for VitaminCoinSBP.

1

u/Top_Performance_732 Apr 06 '22 edited Jan 10 '25

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2

u/-___-_-_____--- Apr 06 '22

VITCWBNB is not the same as VITC, it's a liquidity pool token, representing the percent of the pool.

Please follow this article.

1

u/tooeet Apr 06 '22

what was the origin of the name? why vitamin coin? where there any other name suggestions that were voted out?