VeChain has announced a new staking program that offers users the opportunity to earn 5.48 billion VTHO tokens until December 2025. This move aims to increase user engagement and improve conditions for token holders.
VTHO Staking Program
VeChain has launched an early incentive pool worth 5.48 billion VTHO tokens, set to run until December 2025. Users who stake VET on the Stargate platform can earn time-limited bonuses ahead of the Hayabusa upgrade. The Stargate platform allows VET holders to stake their tokens and generate VTHO, which is used for network transactions.
VeChain's Renaissance Strategy
This initiative is part of VeChain's broader Renaissance strategy, aimed at enhancing the utility of the network for enterprises and reducing reliance on speculative cycles. The upcoming Hayabusa upgrade, scheduled for December 2025, will establish a new model for distributing VTHO only to active participants. An X user noted that the redistribution of VTHO represents a "solid shift" that could enhance utility and potential benefits for the ecosystem.
VeWorld v2.4.0 Update
Recently, VeChain released an update for VeWorld v2.4.0, which improved the wallet interface, simplified navigation, and enhanced user capabilities. This update is seen as a significant step toward making VeWorld a "Super App" for real-world usage.
The VTHO staking program, along with VeChain's Renaissance strategy, highlights the company's commitment to sustainable development and strengthening its market position. These updates and initiatives may potentially increase interest among both individual and institutional investors.
