What is vXDEFI
Please note that the vXDEFI token is connected to the XDEFI token (https://www.coingecko.com/en/coins/xdefi ) and so the information for the above 5 questions can be taken from there: https://www.coingecko.com/en/coins/xdefi
XDEFI token holders are able to stake their XDEFI tokens and when they do, they receive vXDEFI in exchange, which is a transferable and fungible token. So, for every 1 XDEFI token staked, the staker receives 1 vXDEFI token in return.
vXDEFI represents the staker’s percentage ownership of the entire vault receiving the rewards in XDEFI coming from the fees collected by XDEFI.
There is no lock-up period and rewards will auto-compound until stakers decide to convert their vXDEFI back into XDEFI tokens.
vXDEFI tokens can also be used to vote on XDEFI community proposals via Snapshot.
vXDEFI vs Stoic
It's almost impossible to predict which cryptocurrency will eventually emerge as the leader.
There is no guarantee that In 5 years, VXDEFI would still even exist. Another faster and cheaper blockchain might capture the majority of developers, users, and capital. Or some critical failure of VXDEFI might derail its progress.
Because the probability of guessing the winner is low, it's better to use a portfolio approach and buy all possible contenders, including VXDEFI.
Stoic builds a portfolio by using hedge fund-grade quantitative research and AI to build a portfolio of crypto assets.
The algorithm analyzes price data, returns, volatility, correlations, and other factors to identify coins that are likely to go up. It then rebalances the portfolio daily to cut losses early and take profits regularly. Stoic is a great alternative to researching coins and trading manually.
Over 12,000 people already use Stoic to automate their crypto investing.
