VSL Token Report Q1
VSL is an important token in the Ethereum ecosystem. It connects vDice; one of the only live and working Dapps in Ethereum, to its users and contributors.
Also, it has some novel features running, in production. This is good for Ethereum. These features include profit accumulation (Profit_Container Smart Contract) and also time locking.
We have ended the 1st quarter of 2017. In these first 3-months the VSL token system has been working well. We are pleased to report no major issues.
The contract is performing as it should. It is time locking / unlocking as expected. Users are withdrawing their ETH profits well from the Profit_Container Smart Contract. We have full instructions on how to do that here.
VSL and the Market
VSL has been performing very well. We don’t like to speculate. It’s not our job. We leave that for the traders.
Perhaps it’s because the market is realising that vDice is live and working so well. It has processed over 30,000 transactions and given away USD 350,000+ (in ETH) in winnings already!
Maybe the market heard about our new game being released next month. Whenever vDice release something it goes live and secure to the main network. It will have cutting edge features and be ready to play immediately.
Really we can’t say. But the VSL token has been performing so well.
VSL Numbers and Growth
There have been some really interesting discussion of late regarding VSL and its potential growth. We encourage you to join our discussion in Slack.
Yield from current profit withdraw, is annualised (at VSL value of USD 0.075 [current value at the time]) at a solid 0.83%pa.
This yield out-performs a standard saving account, as a benchmark. As was also pointed out. This is based on the 1st quarter of operation and with only one game.
Based on those figures VSL could trade at up to USD 0.50c. The below is a recent chart from trading at Liqui exchange.Follow us on Social Media