VEKTOR Project is a decentralized finance (DeFi) token. According to the
VEKTOR website, VEKTOR has three functions that take place during each trade:
Buy = 5% Reflection / Sell = 5% Reflection, 5%LP Acquisition and 5% Burn.
VEKTOR Project is a combination of RFI tokenomics and an auto-liquidity generating protocol. According to an artikle
The Ecosystem expands automatically due to the constantly growing range of services from VEKTOR. Part of the Income is then automatically transferred to the Liquidity and rebuy Function. With VEKTOR Project, token holders will earn more VEKTOR depending on how many coins they have.
This can be up to an 70% APY, which is staggering when compared to traditional interest accounts. VEKTOR will gain value over time thanks to its coin-burning strategy, making it a deflationary digital currency.
VEKTOR Project has an ambitious roadmap thanks to its growing popularity and they wish to be listed on the leading exchanges,
launch a decentralized exchange (DEX), and increase their partnerships by the end of 2022.
VEKTOR launched on Dez. 17, 2021 with a VEKTOR price of $0.00000010 and supply of 500 billion VEKTOR tokens.
What Makes VEKTOR Unique?
The VEKTOR white paper notes that a big problem in the emerging DeFi industry is the existence of high APY LP-farms that don’t have easy access for newcomers to the space.
With VEKTOR, they aim to use the idea of static rewards (making the reward conditional upon the volume of the token being traded) in order to remove
any pressure on the token that could occur when tokens are sold. As well, the white paper notes that their “reflect mechanism” adds incentive for VEKTOR holders
to keep their tokens for longer, or HODL. VEKTOR’s Automatic LP also adds stability to the protocol by providing a price floor/cushion for token holders.
VEKTOR’s manual burn strategy also helps VEKTOR token holders in the long term, according to their white paper.
The Addition of Liquidity through the Ecosystem also stabilizes VEKTOR in its continuous growth and thus ensures a long-term Investment Strategy.
How Is the VEKTOR Project Secured?
The VEKTOR white paper has the following plan for the safety of its protocol:
the developer burned all tokens in the Dev Wallet before launch
there was a fair launch on DxSale, the LP is locked on DxLocker for four year,
and an LP is generated with every trade and locked on PancakeSwap.
Owner Ship is renounced by team.
How to Buy VEKTOR on an Exchange
Step 1: Choose a Reputable Exchange Platform
Select a trusted platform from among many available options for purchasing VEKTOR. Some reputable platforms include HTX、Bybit、Bitget, and others.
Step 2: Register an Account
Here, we'll register an account on theBybit(registration link) trading platform. You may need to provide personal information such as phone number and email to complete the registration process.
Step 3: Complete Identity Verification
For security purposes, some platforms may require you to complete identity verification. Follow the platform's instructions to provide necessary identity information (such as country/ID number) and undergo facial recognition. Once your identity is confirmed, you'll receive notification.
Step 4: Link Bank or Payment Method
Link your bank account or other payment methods to the exchange platform for making payments when purchasing VEKTOR.
Step 5: Purchase VEKTOR
Find the option to buy coins on the exchange platform, choose the C2C coin purchase process, and then input the quantity of VEKTOR you wish to purchase. Typically, you'll choose to buy USDT first and select your preferred payment method. Simply place the order, make the payment to the seller, and you'll receive the cryptocurrency. Once payment is complete, you can use your exchange assets to buy VEKTOR.
Step 6: Store Your VEKTOR
After purchasing, you can choose to store your VEKTOR in the digital wallet provided by the exchange platform or transfer it to a hardware wallet under your control.
Step 7: Security Reminder
To protect your exchange account and VEKTOR assets, be sure to use a strong password and enable two-factor authentication.
VEKTOR Price:VEKTOR Project is a decentralized finance (DeFi) token. The price fluctuates daily, You can go to the exchange: Bybit to check the price.
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