- VeChain continues to educate the crypto community about VeBetterDAO.
- The latest talks surround the possibility of B3TR, VOT3, GM NFTs, and X-2-Earn applications.
- The crypto community closely watches VET and VTHO for massive gains.
VeChain has had a very productive few weeks with its latest VeBetterDAO announcement and the unveiling of its two new tokens VOT3 and B3TR. As the VeFam community is still grasping the meaning of these announcements, the VeChain team continues to gradually educate the masses on what their announcement entails.
In the latest bid to enlighten the crypto community, VeChain introduces the ultimate vocabulary guide for VeBetterDAO. This includes a short list of decoding essential terms for users to navigate the platform effectively.
Firstly, VeChain talks about how B3TR drives VeBetterDAO, fostering participation, incentivizing innovation, and supporting sustainability projects. Its roles include boosting the DAO treasury, monetizing actions, backing eco-friendly dApps, and supporting $VOT3.
Similarly, VOT3 serves as the governance token, enabling holders to vote on proposals and stake to earn B3TR rewards. The synergy between B3TR and VOT3 allows users to seamlessly swap each token at a 1:1 ratio, and voting can also take place here.
As for GM NFTs (Galaxy Member NFTs), these upgradeable NFTs play a crucial role in VeBetterDAO’s reward system, determining the user’s privilege level. Users can enhance their GM NFT by contributing B3TR tokens to the VeBetterDAO Treasury.
Lastly, the post talks about X-2-Earn Applications, these decentralized applications (dApps) are at the forefront of rewarding users for contributing to positive global changes. An example is ‘Plant-2-Earn,’ which incentivizes tree planting. B3TR tokens act as incentives allocated to these X-2-Earn dApps.
/As the VeFam and prominent crypto analysts closely monitor the price charts of VET and VTHO, the community advises patience during resistance testing. Anticipation for an unprecedented surge in these assets prompts discussions about potential long positions and eagerly awaited gains.
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