VeChain has launched its new StarGate staking program on July 1, 2025, in response to updated SEC guidance, operating on the VeChainThor blockchain.
Launch of the StarGate Program
The StarGate staking program has been initiated by VeChain in line with the SEC's updated policies. This move is part of the company's Renaissance roadmap and aims to enhance staking features on the VeChainThor blockchain.
Simplified Participation through NFTs
The StarGate program utilizes NFTs to signify participation, simplifying the process and ensuring compliance with regulatory standards. This innovation may attract institutional interest given the SEC's favorable stance on staking products.
Potential for Attracting Institutional Investments
The program is expected to attract institutional investments with the anticipated launch of ETF products. A $15 million bonus pool will be available for early participants, increasing overall transaction volume and liquidity within the VeChain ecosystem.
The launch of the StarGate program marks a significant step for VeChain in striving for regulatory compliance and attracting new participants, which may alter the current dynamics in blockchain technology.