- VeBetterDAO enhances GM NFTs, allowing X-Nodes and Economic Nodes to claim higher tiers, increasing their weekly B3TR rewards.
- GM NFTs can be upgraded through B3TR donations, aligning user contributions with BetterDAO’s sustainability model and reward system.
- VeChain’s developer community reached an all-time high in July 2024, signaling growth and a strong, active ecosystem.
VeBetterDAO is set to roll out influential updates this August, starting with enhancements to its Galaxy Membership (GM) NFTs. These NFTs are a core component of user rewards within the Better ecosystem, determining the amount of B3TR earned from governance each week. The upgrades are designed to enhance the functionality and value of GM NFTs, marking a pivotal moment for the BetterDAO community.
New Eligibility for X-Nodes and Economic Nodes
The upcoming updates will allow X-Nodes and Economic Nodes to claim higher-tier GM NFTs. These nodes play a crucial role in the ecosystem, and the new eligibility criteria will enable them to upgrade their GM NFTs. Interested users can check their eligibility in the updated whitepaper. This move is expected to encourage more active participation within the BetterDAO community, as higher-tier GM NFTs will offer increased rewards generation.
Upgrading GM NFTs Through B3TR Donations
In addition to the eligibility updates, GM NFTs can also be upgraded through B3TR donations. This feature allows users to enhance their weekly rewards by contributing B3TR, further integrating the GM NFTs into the ecosystem’s sustainability model. By upgrading their GM NFTs, users can boost their rewards, aligning their efforts with the BetterDAO’s sustainability goals. This initiative emphasizes the importance of user contributions in driving the ecosystem’s growth and sustainability.
VeChain’s Growing Development Community
In related news, VeChain’s development community reached a new milestone in July 2024, with the number of core developers reaching an all-time high. This growth reflects the robustness and activity within the VeChain ecosystem, which continues to attract developers. This surge in development activity highlights the ongoing forward movement and expansion of the VeChain project.
Additionally, VeChain recently announced a partnership with the Crypto Carbon Ratings Institute (CCRI). This collaboration aims to bring transparency to the environmental impact of the VeChainThor blockchain. The partnership is a crucial step in ensuring compliance with the upcoming MiCA regulations in the European Union, which focus on sustainability indicators within the crypto industry.
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