Tag Archive for: Fees

VTBCommunity Blockchain Updates: New Features


VTBDex Updates

 Date: November 8th, 2023

Available at https://vtbdex.com/


VTBCommunity Announcement – VTBDex Technical Updates – VTBCommunity Blockchain: New Features

Dear VTBCommunity members,

The VTBCommunity Foundation is thrilled to share a significant milestone with all our members. We are delighted to announce that testing on our upcoming blockchain release has been successfully completed and it’s packed with groundbreaking features designed to further simplify and enhance your experience in the VTBDex. We eagerly anticipate sharing these groundbreaking enhancements with all our community members on Tuesday, November 14, 2023.

Deposits to substrate addresses: EOS & ETH

In our relentless pursuit of a more seamless and user-friendly experience, we are excited to introduce a game-changing feature. All our members will now enjoy the freedom to deposit their assets directly to any substrate address from their EOS or ETH wallets, eliminating the need for an onboarding process. This means you can effortlessly unlock the full potential of VTBDex without unnecessary barriers.

While onboarding will no longer be a requirement, it remains available for those who wish to migrate their accounts to the VTBDex. Our team is committed to providing a smooth transition process for those looking to move their assets and trading activities to VTBDex.

With this release, the VTBCommunity Foundation is shattering the barriers to digital asset management, making it more effortless than ever before.

Functionality disruption during deployment

As we implement these exciting changes, there may be some temporary disruptions in functionality. Please rest assured that our team is working diligently to minimize downtime and ensure a smooth transition.

Conclusion

These updates mark a noteworthy achievement in the advancement of VTBDex and the VTBCommunity Blockchain. Our unwavering dedication lies in nurturing a vibrant, innovative, and user-friendly platform, offering our users a gateway to the latest technologies and newfound prospects in the digital realm. With onboarding requirements adjusted and the flexibility to deposit from EOS and ETH wallets, we’re empowering you to seize full control of your digital assets and harness their full potential.

Once again, we wish to express our deep gratitude to all our members for your steadfast support in making the VTBCommunity a resounding success.

Thank you,

The VTBCommunity Foundation
vtbcommunity.org

 

VTBCommunity Blockchain Updates: EOS Nodes, APR Efficiency, and Expanded Fee Payments


VTBDex Updates

 Date: July 27th, 2023 – Available on July 31st, 2023

Available at https://vtbdex.com/


VTBCommunity Announcement – VTBDex Technical Updates – VTBCommunity Blockchain: EOS Nodes, APR Efficiency, and Expanded Fee Payments

Dear VTBCommunity members,

The VTBCommunity Foundation is excited to bring you the latest key updates regarding the VTBCommunity Blockchain. The Foundation’s team has been diligently working to improve various aspects of the platform, with a focus on optimizing performance and enhancing the overall user experience.

Updated EOS Node: Embracing the Latest Advancements

The VTBCommunity Foundation is pleased to inform you that it has implemented a comprehensive update to its EOS node. By upgrading to newer versions, the Foundation ensures that the VTBCommunity Blockchain remains at the forefront of technological advancements, enhancing its capabilities and security.

This update also involves removing overhead from the node, resulting in a more streamlined and efficient system. As a result, the response time for transactions and other activities on the blockchain has significantly improved. VTBCommunity users can now experience faster and smoother interactions within the platform.

Furthermore, this update provides us with better control over data management, ensuring that the blockchain operates with enhanced stability and reliability.

Optimizing APR Calculation Computational Overhead: Ensuring Efficiency and Accuracy

The VTBCommunity Foundation understands the importance of computational efficiency in blockchain operations. To that end, the Foundation’s team has diligently worked on optimizing the APR (Annual Percentage Rate) calculation computational overhead on the VTBCommunity Blockchain.

By reducing the computational requirements, the platform’s performance is enhanced, allowing for smoother and quicker APR calculations. This optimization also improves the robustness of the calculations, ensuring accurate and reliable results.

The commitment of the Foundation to efficiency and accuracy ensures that its users can enjoy transparent and precise APR information, enabling them to make informed decisions within the VTBCommunity ecosystem.

Expanded Fee Payment Options: A More Versatile Crypto Experience

To enhance accessibility and flexibility, the VTBCommunity Foundation is delighted to announce the expansion of fee payment options on the VTBCommunity platform. Users now have the convenience of using all cryptocurrencies, including VTBT and VTBC, for fee payments.

This enhancement eliminates the need for users to make ETH/EOS deposits for fee payments, offering a seamless and efficient transfer process between accounts. Additionally, users can convert their cryptocurrencies directly, simplifying their interactions within the ecosystem.

With these changes, the VTBCommunity Foundation strives to create a more user-friendly experience, making it easier for community members to engage with the VTBCommunity Blockchain and enjoy its various features.

Conclusion

The VTBCommunity Foundation remains committed to constant improvement and innovation. With the updated EOS node, optimized APR calculations, and expanded fee payment options, the Foundation aims to provide community members with an exceptional blockchain experience.

The VTBCommunity Foundation extends its heartfelt gratitude to all VTBCommunity members for their unwavering support and active involvement in its journey. Your valuable feedback and continued participation drive the Foundation forward as we strive to build a stronger, more efficient, and user-centric blockchain ecosystem.

Thank you,

The VTBCommunity Foundation