Ethos Token Rebrand to Voyager Token (VGX) FAQ


We've announced that we'll be re-branding the Ethos Token to the Voyager Token.

Here is an FAQ to answer your most burning questions!


Why did the team decide to rebrand to Voyager?

We felt that the message was too confusing for a native broker token to be called anything other than the name of the platform it was meant for. We’ve seen other platforms and exchanges have great success with native tokens in the crypto space and we felt that Voyager was the right platform to focus on given the enthusiasm the community had around the trading platform. 

What will happen to my ETHOS tokens?

Nothing except you are now the proud owner of Voyager Tokens! These tokens will continue to maintain their existing functionality within the Ethos Universal Wallet and other applications. We recommend that you hold your tokens on either the Ethos Universal Wallet or Voyager Trading Application as both platforms will be supporting the rebrand effort.

What will happen to other places the token is listed?

Other platforms will not have to change anything except the branding and ticker of the token. We are actively working with the 100+ places that the token is currently listed to have each of them support the rebrand effort.

What is the new name and ticker?

Voyager Token (VGX). 

Where can I purchase the token?  Does it have other symbols?

The token trades under the symbol VGX.  There may be legacy markets where the token may appear as BQX and/or ETHOS. The most popular places to trade are the Voyager App or Binance.

What is the token’s functionality in Voyager?

The token will let you reduce network fees, collect cashback and earn interest. 

What fees are reduced?

We anticipate a wide variety of fees can be reduced when paid in tokens such as withdrawal fees, live trading fees and future product fees that Voyager may develop. 

How do I earn cashback?

When you hold a certain number of tokens you will get money back when you trade. To get a better idea of how it will work read here: (https://www.ethos.io/ethos-introduces-cashback-rewards-for-token-holders-trading-with-voyager)

How can I earn interest?

Voyager will soon release an interest bearing feature for customers. The roll-out will start with a baseline of variable interest that fluctuates with crypto market rates. Soon after, token holders will be given the opportunity to get enhanced interest rates based on the number of tokens held.

When will utility details be released?

As Voyager releases these features, more information will be announced over time.

What about trading from self-custody?

Voyager also plans to release trading direction from individuals wallets (Universal Vaults) called Live Trading. For more details on how this would work, read here: (https://www.ethos.io/ethos-voyager-livestream-recording-summary)

 

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