In the fast-paced world of cryptocurrency, where new projects and coins appear almost every day, and it is simply impossible to keep up with them, you can miss out on truly interesting ones. Today we will talk about one of such projects, namely Vita inu (VINU).
Vita Inu (VINU) is the governance token of the VINU Ecosystem and is native to the Vite DAG chain. Created in 2021 by Elemont, VINU is the world’s first fast, feeless (and cheeky) dog-themed coin with high TPS and smart contracts.
Based on the philosophy of having fun, making new friends, and learning about crypto, Vita Inu will contribute to the creation of large DAG ecosystems where crypto can be moved securely, efficiently, and freely.
Unlike many other meme coins, VINU is not re-issuable. This means that the total supply is fixed, and there will not be inflation. The total supply of VINU at inception is 1 quadrillion (1,000,000,000,000,000). No more than this amount will ever exist. This means that there will be no worries about inflation on VINU.
Overall Distribution
Vita inu has an extensive and promising roadmap that will provide VINU holders with additional services and ways to use their coins. The most notable of these are:
VinuVerse – digital world with mintable NFT avatars where people can play, socialize with each other, and even invest and earn.
VinuSwap – an AMM Swap, with in-house cross-chain bridges, staking, and lending capabilities.
VINU DAO – VINU will gradually be transformed into a Decentralized Autonomous Organization (DAO). VINU holders will be able to vote on key proposals that determine the development and direction of the VINU project.
VinuChain – a cutting-edge Layer 1 DAG-based network, EVM compatible, highly scalable, zero fees chain.
With crypto loans, you can access funds without selling, increase liquidity, maximize capital utilization, and diversify your portfolio more effectively. In addition, crypto loans tend to have lower interest rates than traditional loans, so borrowers are able to get funds for much less. Finally, these loans provide additional peace of mind since crypto collateral is stored securely in a cold storage wallet.
Here are some cases where you can use VINU as a collateral and get profit:
VINU crypto volatility can result in liquidation. When you use your VINU to take a loan, it is important to monitor the status of your loan. CoinRabbit offers an instant alert system, which uses SMS and e-mail to inform users when there is a potential liquidation.
You can always add more collateral to adjust the Liquidation price of your loan. Loan collateral at CoinRabbit isn’t frozen; therefore, liquidation prices are adjusted immediately by adding more collateral or repaying your loan.
Aside from that, you can decrease the LTV at any time while the loan is open by adding more collateral. For example, CoinRabbit’s minimum loan LTV is 50%. CoinRabbit allows you to increase collateral immediately after opening a loan, so the LTV will decrease at a rate that suits you.
The application process for a VINU crypto loan has been significantly simplified thanks to crypto loan platforms like CoinRabbit.
VINU crypto loans with CoinRabbit – is a great tool for crypto investors and holders: you can use a crypto loan to optimize your taxes, make a huge purchase, reinvest in new cryptocurrencies and many more while continuing holding your digital assets.
It’s important to remember that all operations with crypto are highly risky. When you get a loan with any crypto lending platform – don’t forget to check the status of your crypto loan periodically and add collateral if it’s needed to avoid liquidation of the loan.
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