VeChain has officially launched its Hayabusa Devnet, marking a significant milestone in the Renaissance 2025 roadmap. This upgrade includes the transition to Delegated Proof of Stake and modifications to VTHO tokenomics.
Transition to Delegated Proof of Stake
The upgrade shifts the VeChainThor network from a Proof of Authority model to a more decentralized Delegated Proof of Stake (DPoS) model, promising enhanced scalability and community involvement.
Changes in VTHO Economics
Dynamic VTHO issuance replaces fixed rates, introducing a burning mechanism and staking-tied rewards, improving economic security. VTHO issuance now depends on staked VET.
Investments and Future of VeChain
VeChain is launching a $15 million incentive pool to boost participation and the Redeno Simulator, allowing participants to test staking strategies. The mainnet is expected to launch in December 2025.
The launch of Hayabusa Devnet represents a strategic pivot for VeChain, aiming to create a more decentralized and sustainable ecosystem. This update underscores the project's commitment to adapting to modern technological demands.
