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Author Topic: VLX Sale Blocks, VLX Balances & Discounted VLX  (Read 178 times)

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Offline lin0sspice

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on: October 09, 2018, 01:41:26 AM

As suggested by a VLX Exchange balance holder, those who are interested in receiving their balances at a faster rate are able to do so by discounting the amount from their balance in order to receive their payout faster.
This process is called "Sale Blocks"

A VLX Exchange holder is able to contact @veloxcoin#4205 on Discord using the instructions provided in the #vlx-exchange-balances channel to redeem their VLX Exchange balance. Once approved, they may offer a discount on their balance which will go toward the sale block buyer.

Once the request has been approved, they may offer a % discount for anyone interested in buying VLX at this specific discount. The user who buys the full amount or a part of the sale block will receive the % offered by the balance holder. The proceeds from the sale block will be forwarded into the VLX Contract by a team member and will give the respective proceeds to each party.

4.028 BTC worth of VLX Exchange balances are due to be repaid
0.392 BTC has been paid so far from the VLX Sale proceeds
  * 6.35 ETH converted to 0.22BTC from previous sale
  * 5.15 ETH converted to 0.172BTC from current sale

3.664BTC worth of VLX Exchange balances remaining before proceeds become allocated to exchange listings

Below are the current sale blocks available:
1. 0.4662BTC - 20% Discount
Available: 13,711 VLX | Cost: 0.00098ETH/VLX

To purchase a sale block, please contact @veloxcoin on telegram or @veloxcoin#4205 on Discord

Offline objectivemoon

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Reply #1 on: October 09, 2018, 03:51:34 PM
Nice option