VeChain has announced a significant upgrade known as Hayabusa, which transforms its existing two-token system and introduces a new activity-based model for earning rewards. This strategic shift is designed to foster greater engagement within the network and improve its economic framework. The publication provides the following information: the upgrade aims to enhance user participation and incentivize contributions to the ecosystem.
Hayabusa Upgrade Overview
The Hayabusa upgrade replaces the traditional passive generation of VTHO tokens with a more dynamic model that requires users to stake and delegate their tokens to earn rewards. This change is expected to reduce the overall inflation of VTHO, promoting a healthier economic environment for the network.
Incentives for Active Participation
By incentivizing active participation, the upgrade aims to create deflationary pressure that is directly linked to network usage. This not only enhances the economic security of VeChain but also strengthens its governance structure. It ensures that users who contribute to the network are rewarded for their involvement.
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