What You Should Know About VICS

What You Should Know About VICS

RoboFi aims to utilize blockchain technologies and DAO principles to create a secure and trustworthy financial market ecosystem. RoboFi is in the process of establishing a comprehensive Defi platform that can successfully connect bot creators and individuals for earning opportunities while preserving data and privacy.

VICS, along with the RoboFi ecosystem as a whole, aspires to establish an environment that alters the financial market while rewarding bot creators and consumers equally. Therefore, let’s study more about the function of VICS in the ecosystem.

What is VICS?

VICS is a main token in the RoboFi ecosystem that is a BEP-20 token developed on the Binance Smart Chain and an essential utility token for running various business services on DABots.

VICS can be used to stake and earn rewards, pay for crypto trading bots on the marketplace, engage in IBO (Initial Bot Offering) and purchase Governance Shares, and receive additional incentives from decentralized and autonomous crypto trading bots that are not controlled by a central authority.

How Do Users and Bot Creators Benefit?

VICS is crucial for bot creators to list their bots in the RoboFi store, calculate the value of bot governance tokens, and join the IBO.

As for users, VICS is required to own DABots’ governance tokens. Additionally, bot governance token rewards will be distributed in VICS.

Liquidity Mining and Staking

The purpose of liquidity mining is to encourage users to stake their VICS in exchange for VICS payouts. Staking provides RoboFi ecosystem members with additional rewards. VICS users can earn incentives by staking.

For both liquidity mining and staking, users’ assets will be locked for predetermined amounts of time. The reward ratio (APY) will be specified when the mining and staking program for liquidity begins.

How to Buy VICS

MEXC Global, PancakeSwap V2, and Hotbit are the three major exchanges where VICS may be exchanged. Recently, VICS has seen a surge in popularity in the marketplace for crypto trading bots. VICS can be traded on all three exchanges.

Pancake Swap

Step 1: Create a Wallet

Step 2: Add VICS to the Wallet

Step 3: Buy “Binance Smart Chain” (BSC)

Step 4: Swap BSC for VICS!

Hotbit

Step 1: Log in to your Hotbit Exchange account

Step 2: Deposit crypto

Step 3: Find VICS pair and buy

MEXC Global

Step 1: Log on with your email details on MEXC Global.

Step 2: Click on the “Authentication” button to start the Know Your Customer (KYC) process.

Step 3: Fill in all the fields needed and click on the link to buy crypto coins.

Step 4: You will get a list of cryptocurrencies available. Click on the “Buy” button for VICS.

Bottom Line
VICS is utilized to acquire bots’ governance shares. All bots must accept VICS by default. Users can invest in RoboFi in order to generate passive revenue. VICS is employed to acquire trading signals and other bots on the market. Each bot will be routed through IBO, and users can participate in IBO. Those who did not qualify for IBO but would wish to participate in the bots’ governance may still purchase governance shares on the internal exchange utilizing VICS. In the future, VICS will provide access to several services.

About RoboFi

RoboFi (https://robofi.io/home/) is a Defi platform that envisions a marketplace for revolutionary Dao crypto trading bots. Through its IBO (Initial Bot Offering) system, community members can maximize their earnings in an easy, simple, and secure way. We create a safe and transparent environment based on blockchain technologies that help developers bring crypto trading bot platforms to the market. In addition, individuals will have easy access to these bot applications, thereby generating more earning opportunities. RoboFi ecosystem is fueled by the VICS token.

About VICS

VICS token has a distinctive and enticing concept. VICS is the BEP-20 token, built on the Binance smart chain. It is a core utility token in the RoboFi ecosystem, the reliable crypto trading bot marketplace. One important utility is to own the governance token of DABots and participate in an IBO (Initial Bot Offering) to receive additional incentives. VICS is available on major exchanges for trading.

Official Link

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