Vitruveo: A Dedicated Blockchain for Creators
Vitruveo is not just another blockchain platform; it is a dedicated Blockchain for Creators, utilizing an EVM-based protocol as the bedrock for constructing a decentralized ecosystem. Focused on empowering creators in various domains, Vitruveo aims to unlock sustainable income for visual artists, musicians, gamers, filmmakers, and beyond, by fostering trust, leveraging technology, and building a vibrant community.
A Groundbreaking Rebase Mechanism
What sets Vitruveo apart is its groundbreaking rebasing mechanism. Unlike other protocols that implement rebasing through smart contracts, Vitruveo has integrated rebasing directly into its core protocol. This innovative approach prevents the risk of inflation, providing a sustainable model for long-term growth.
Analogous to Compound Interest
In simpler terms, Vitruveo’s rebasing can be likened to “compound interest.” However, to avoid the pitfalls of inflationary cryptocurrencies, Vitruveo has ingeniously tied rebases to epoch-based transaction volume.
Epochs and Transaction Goals
The block time on Vitruveo is 5 seconds, with each epoch comprising 17,280 blocks, equivalent to 24 hours. The protocol sets a transaction goal for each epoch, and if achieved with a +/-25% variability, all $VTRU (the native coin) holders experience an automatic increase of 1.00087671.
Early Adopter Rewards
To ensure sustained performance, Vitruveo incrementally increases the transaction goal by 500 every epoch. The rebasing mechanism continues until the circulating supply reaches 250 million $VTRU, providing users with a unique opportunity for “Early Adopter Rewards” – a form of passive income for $VTRU holders during the initial 5-7 years.
Seamless Integration and User-Friendly Experience
The auto-rebasing feature is seamlessly integrated into the protocol, offering a highly performant and user-friendly experience. Crypto Wallets such as MetaMask will reflect the increased balance in real-time during a rebase event.
$VTRU: The Native Cryptocurrency
$VTRU, the native cryptocurrency of the Vitruveo blockchain, plays a central role in the platform’s functionality. It is used to pay for every transaction, serving as gas with a nominal fee. Additionally, all sales transactions on Vitruveo are conducted using $VTRU, ensuring a streamlined process where artists are paid in $VTRU directly from the platform’s treasury.
Positioned as a Frontrunner in DeFi
Vitruveo’s unique utility-driven approach, coupled with the auto-rebasing protocol, positions it as a frontrunner in the DeFi space. As the first blockchain to implement such a revolutionary mechanism, Vitruveo is set to redefine the dynamics of decentralized finance and create a sustainable ecosystem for creators across various domains.
Hot Take: Vitruveo – Empowering Creators and Revolutionizing Decentralized Finance
Vitruveo is an innovative blockchain platform that is dedicated to empowering creators and revolutionizing decentralized finance. With its groundbreaking rebasing mechanism and innovative integration into the core protocol, Vitruveo offers a sustainable model for long-term growth without the risk of inflation. The platform’s unique approach, tied to epoch-based transaction volume, ensures a fair and transparent system that rewards early adopters. With seamless integration and a user-friendly experience, Vitruveo is poised to redefine the dynamics of DeFi and create a vibrant ecosystem for creators in various domains. As the first blockchain to implement such a revolutionary mechanism, Vitruveo is leading the way in transforming the landscape of the crypto world.
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