Crypto Live News

VeBetterDAO Launches Mainnet Enhancing Governance and Participation, VET Pump Ahead?

  • VeBetterDAO’s mainnet launch initiates full-scale B3TR token emission and a 12-year tokenomic structure.
  • Weekly 2 million B3TR allocations to dApps aim to boost community rewards.
  • Governance proposals require endorsement from 2% of B3TR’s circulating supply.

VeBetterDAO has officially launched on the mainnet, bringing a number of new features aimed at improving governance. The mainnet launch also marks the start of the B3TR token’s full-scale emission and a 12-year tokenomic structure.

Read CRYPTONEWSLAND on google news

Decentralized applications (dApps) will begin receiving weekly allocations from a pool of 2 million B3TR as part of the launch. It is anticipated that this will raise the incentives that are available to actively participating community members. The allocation system seeks to provide participants with a more rewarding and dynamic ecosystem.

The mainnet launch includes a new feature that lets users participate in Treasury proposals via the VeBetterDAO governance dApp. Proposals can serve a variety of purposes, helping to shape the VeBetterDAO ecosystem’s future growth and direction. 

Users must support a proposal with the support of at least 2% of the B3TR tokens in circulation in order to put it to a vote. The purpose of this system is to guarantee that proposals accurately represent the community’s interests as a whole.

The initial success of VeBetterDAO demonstrates the importance of increasing community engagement and governance opportunities. With 18,000 B3TR holders and more than 4,000 active users in just three months, VeBetterDAO has generated over 232,000 transactions. 

These preliminary results demonstrate the viability of using incentive-based, gamified applications to generate real-world impact. The platform’s initial performance demonstrates the potential for future growth and adoption of blockchain technologies.

VeBetterDAO’s mainnet launch demonstrates the platform’s dedication to innovation and sustainable blockchain technology adoption. VeBetterDAO is well-positioned for future growth and success, especially given its impressive start and positive user engagement. 

Read Also

Austin Mwendia

Austin Mwendia is a seasoned crypto writer with expertise in blockchain technology and finance. With years of experience, he offers insightful analysis, news coverage, and educational content to a diverse audience. Austin's work simplifies complex crypto concepts, making them accessible and engaging.

Recent Posts

Special Crypto Report: From WIF’s Woes to DOGE’s Dips, But BlockDAG Poised for $0.05 Market Entrance

Discover how #BlockDAG leads with a potential $0.05 launch price and a 1300% price increase,…

2 hours ago

Binance.US Prepares for Prolonged SEC Legal Battle

#Binance.US gears up for a lengthy legal battle with the SEC, remaining confident despite recent…

3 hours ago

US Spot Bitcoin ETFs See Largest Net Inflows in Three Weeks

US #BitcoinETFs register $129.45M inflow, highest since June 7. Fidelity’s #FBTC leads with $65M, showing…

3 hours ago

Ripple’s Japan and Korea Fund Opens Applications to Drive Innovation

#Ripple's #Japan and Korea #Fund is open for applications to drive blockchain innovation. #XRLP #Japan…

4 hours ago

Honest Chain Raves About BlockDAG, Overshadowing ADA’s Slide & HBAR’s Rollercoaster

Learn about the popular influencer Honest Chain's rave review of #BlockDAG's recent 1300% surge &…

4 hours ago