- The new upgrade, Vechain Renaissance, improves tocononomics, staking, and interoperability.
- We will see an increase in veterinary token adoption and corresponding increase in value.
The much-anticipated Vechain Renaissance upgrade is scheduled to debut in July 2025, and will spark excitement within the community. This upgrade brings a new staking system away from passive rewards and is a game changer for veterinary tokens.
Vechain Renaissance's promise
Splandid X, a Vechain community member of social media platform X, highlighted the key features of the Renaissance upgrade. Splendid noted that the upgrade focuses on three key areas of Vechainthor: improving tocononomics, staking and interoperability.
The Renaissance upgrade redefines the protocol's economic model by burning 100% of the base transaction fees and reducing VTHO inflation by 72.2%. Therefore, active stakers, including validators and delegators, will receive rewards to protect their network.
Additionally, the Vechain Renaissance shift requires users to actively wager veterinarians to receive rewards, making their networks more decentralized and secure. As I explained it In the final analysis, the staking system introduces delegator NFTs that show different veterinarian commitments. The delegator receives 70% of the block's reward, and the remaining 30% is sent to the block's producer, the validator.
The new design aims to balance incentives to motivate broader engagement in ecosystems. According to Splendid's Stargate, the new staking system will launch with a VTHO bonus pool of 5.48 billion, with X nodes and economic nodes betting on 101 ballots.
Plus, you'll be sure to upgrade your Renaissance Ethereum Virtual Machine (EVM) and JSON-RPC integration. Full Ethereum compatibility unlocks seamless cross-chain operations, developer tools, and enterprise adoption.
Meanwhile, the Galactica phase is already live on Devnet. It brings you transparency of Shanghai EVM upgrades, dynamic fees and clauses. With a recent update, we It's covered That Vechain secured a MICAR license and set up the service to European companies. This regulatory permit is a major leap in Vechain's growth and sets the pace of the Renaissance launch in July.
Something new for veterinarians
VET, the protocol's native digital asset, is ready for mass adoption after the start of the Renaissance update. This upgrade is intended to balance supply and demand, making veterinarians rare while ensuring sustainable rewards for active users.
Ultimately, this upgrade is based on the need to build a backbone for sustainable capital detail In previous analysis.
For now, Veterinary Tokens are actively responding to the announcement of Renaissance upgrades. At the time of writing, veterinary prices were traded 0.02783top 2.13% The day before. Veterinarians have increased over the past month 19.4%The market capitalization is $23.9 billion.
Veterinarians also benefit from wider improvements to the Vechain ecosystem. As It was mentioned In previous news briefs, Vechain blockchain development activities have recently increased by 520%. As a result, VeChain surpassed some of the top blockchain networks such as BNB Chain, Algorand, Hedera and Multisimple.
