How Do I Buy $VIS and $PGX?
By: Gabby Gorgonio | January 30, 2022
Are you looking to invest in one of the fastest growing P2E games? If that game is Pegaxy, welcome aboard! This is a tutorial on how to buy Pegaxy’s $VIS and $PGX! Read this article to know what these tokens are, and a step-by-step tutorial on how to buy them!
What is $PGX?
$PGX, short for Pegaxy Stone, is the governance token of the game. In simple terms, if you’re thinking long term and you believe in the growth of the game, this is the token for you! For transparency purposes, it should be noted that decentralization of $PGX will take time, as this is where the game studio and team will fund the game’s development, which in turn will speed up the decentralization of this token.
A good run down on $PGX utility is:
- Is it part of the Breeding fee for Pega
- Purchasing Pega on the marketplace
- Renting Pega using $PGX as payment
- Large tournament rewards
The Pegaxy ecosystem involves two primary fees at launch, and these include:
- PGX Fee associated with breeding
- 3% fee on all marketplace transactions
Do note that these are not final, and will most definitely find ways to grow as the game progresses!
For detailed information about $PGX, check out whitepaper!
What is $VIS?
$VIS, short for Vigorous, is the reward/utility token of the game. The primary earning, and primary spending token inside the Pegaxy ecosystem. $VIS is created through winning Pega races, and is burnt primarily through the breeding of Pegas, and the different features Pegaxy has to offer. It should be known that the team constantly innovates and looks for ways to burn $VIS! A reasonable balance between mint/burn is the goal of Pegaxy’s $VIS, as this is what symbolizes a healthy economy.
$VIS utility and burn mechanics are of multiple ways such as:
- Name Change
- Breeding Events
- Food (will be released in future updates)
- Gear (will be released in future updates)
- Stadium (will be released in future updates)
Do note that these are not final, and that the game most definitely find other ways to burn $VIS as the game progresses!
For detailed information about $VIS, check out whitepaper!
How Do I Buy $VIS or $PGX?
- Direct yourself to https://kyberswap.com/#/swap which is the DEX where $VIS and $PGX are listed.
- Connect your wallet and make sure your Network selected is Polygon.
- Exchange assets, first option is what you plan to use to BUY $VIS or $PGX.
- Change the Asset outcome, to either $VIS or $PGX.
- Adjust the amount to your liking, then Swap, and Confirm Swap.
- Confirm this transaction in Metamask.
Congratulations, you now understand the utility of $VIS and $PGX, and also how to buy them from a trusted source such as Kyberswap. Keep in mind that you should only invest what you can afford to lose, as these tokens are very volatile.
Follow Pegaxy on their Facebook, Twitter, and join their Telegram and Discord to be the first to know of any news releases and updates.