VeChain is preparing for a significant upgrade, known as Stargate, scheduled for July 1, 2025, which will provide new opportunities for users.
VeChain's Staking System
The Stargate upgrade will change the staking model for VET tokens, requiring user participation in generating VeThor (VTHO). Now, rewards will be tied to active staking. This new model features tiered reward multipliers, reaching up to 5×, especially for X-Node holders.
Protocol-Level NFTs
Another aspect of the upgrade is the introduction of protocol-level NFTs linked to staking roles. Delegator NFTs will capture 70% of block rewards, while validators will receive the remaining 30%, enhancing incentive alignment and visualizing contributions to the network.
Impact of the Upgrade on VeChain's Ecosystem
The Stargate upgrade aligns with VeChain's expanding ecosystem, including key partnerships and integrations. Analyst Michaël van de Poppe suggests these combined factors might help VET reach new levels, potentially around $0.12.
The Stargate upgrade could mark a pivotal point for VeChain, transitioning the ecosystem from passive models to an active, staking-driven approach and implementing new tools through NFTs.
