VIC
The specific tokenomics of VIC, such as total supply, distribution, and burning mechanisms, would require further research.
Tags:Cryptocurrencies ETH TOKENCoin ETH tokenViction is the rebranded name of TomoChain, a blockchain platform that focuses on scalability and fast transaction speeds. The rebranding reflects the project’s evolution and its focus on real-world utilization and human values.
Key Features of Viction:
Scalability: Viction prioritizes high transaction throughput and fast confirmation times.
EVM Compatibility: The platform is compatible with the Ethereum Virtual Machine (EVM), allowing for the deployment of Ethereum-based smart contracts.
Masternode Network: Viction utilizes a masternode network for consensus and security.
VIC Token: The native token of the platform, used for staking, governance, and transaction fees.
VIC Token:
Utility: The VIC token serves multiple purposes within the Viction ecosystem:
Staking for rewards
Governance participation
Transaction fees
Tokenomics: The specific tokenomics of VIC, such as total supply, distribution, and burning mechanisms, would require further research.
Challenges and Opportunities:
Market Competition: The blockchain industry is highly competitive, with numerous platforms offering similar features.
Technological Advancements: Maintaining a competitive edge in terms of scalability and security requires continuous innovation.
Adoption: Increasing adoption of the Viction platform and the VIC token is crucial for its success.
Overall, Viction aims to position itself as a scalable and user-friendly blockchain platform with a focus on real-world applications. The VIC token plays a central role in the ecosystem by providing utility and governance rights to token holders.
VIC | |
Total supply:
|
100,000,000 VIC |
Contracts: Ethereum | 0x05d3606d5c81eb9b7b18530995ec9b29da05faba |
X: | @BuildOnViction |
data statistics
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Users deposit funds: Traders deposit cryptocurrencies into the protocol as collateral. Open positions: Users can open long or short positions on various assets with up to 10x leverage. Trade execution: Trades are executed through the vAMM, which matches buyers and sellers. Liquidation: If a trader's position experiences significant losses, their position can be liquidated to protect the protocol.
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