VeBetterDAO Mainnet Voting on VeChain

VeChain has initiated the first round of voting on its VeBetterDAO mainnet, enabling active user participation in decision-making processes and platform development. The live voting feature signifies a pivotal moment for the platform, allowing community engagement and fostering a sense of ownership.

The recent launch of VeChain's mainnet coupled with the HiVe Summit has ignited a 2.2% surge in the VET token's value. This positive market response reflects the growing investor confidence in VeChain's ecosystem and the potential for future market performance.

VeBetterDAO's strategic focus on sustainability has driven widespread adoption, with projects like Vyvo Smart Chain, Cleanify, and MugShot encouraging and incentivizing users to adopt healthy habits and engage in environmentally conscious behaviors.

Transition to Mainnet

The transition from the VeBetterDAO testnet to the mainnet was successfully completed with the final manual claim of testnet rewards and a comprehensive snapshot of activities up to June 23. The deployment of the VeChainThor (VTHO) mainnet on June 28 resulted in the pause of activities on the testnet, with testnet token holders witnessing their balances transfer to the mainnet for seamless continuity.

Users were given the opportunity between June 28 and June 30 to convert their mainnet B3TR tokens to VOT3, preparing for the commencement of the initial voting round on July 1. Both project owners and participants are scheduled to receive their first rewards on July 8. Subsequent updates post-launch include the introduction of new features such as a dApp listing validator mechanism.

Token Support and Trading Platforms

VeChain has expanded its token support on various platforms like bridge.vet, swap.vechain.energy, and VTHO.exchange, streamlining cross-chain transactions, dollar-cost averaging with VTHO generation, and token swaps for user convenience.

To mark the mainnet launch, VeChain has launched a Gleam campaign with enticing prizes including $VET branded Tangem wallets and the chance to win UFC tickets. This initiative aligns with the upcoming HiVe Summit, contributing to the 2.2% increase in VET token value, now trading at $0.02671 with a market cap of $2.1 billion.

Sustainability Initiatives

VeBetterDAO's emphasis on sustainability is evident through partnerships with projects dedicated to promoting eco-friendly practices. Projects like Vyvo Smart Chain incentivize health monitoring and healthy living through the Health Index, while Cleanify rewards users for environmental cleanliness actions such as waste disposal and litter collection.

NFB Club offers audio streaming services, Vyvo provides health management solutions, and MugShot encourages sustainability by rewarding the use of reusable mugs in daily routines. These initiatives demonstrate the diverse applications and increasing adoption of VeBetterDAO, reinforcing its role in fostering sustainable behaviors and contributing to a healthier ecosystem.

For more insights and updates, follow the highlighted articles on the implications and future prospects of blockchain sustainability and the transformative impact of VeBetterDAO's mainnet launch.

Sources: - Crypto News Land - VeChain Launches First Round of Voting on VeBetterDAO Mainnet - Crypto News Land - Charles Hoskinson Proposes Blockchain-Paper Voting Solution - Crypto News Land - Dora Factory Announces Historic $DORA Airdrop to Over 1 Million ATOM Stakers in Largest MACI Voting Round Ever - Crypto News Land - What VeBetterDAO’s Introduction Means for the Future of Blockchain Sustainability - Crypto News Land - VeBetterDAO Launches Mainnet Enhancing Governance and Participation, VET Pump Ahead? - Crypto News Land - VeChain Pioneers Sustainability With VeBetterDAO Offering Two New Tokens