CandleFocus VeChain Community Approves VeBetterDAO Proposal – Get Ready for New Features Like Proof of Sustainable Work
2024-09-10
Author: Content Editor
VeChain's VeBetterDAO has achieved a significant milestone by approving a proposal for Quadratic voting or funding. This system allows users to use VOT3 tokens to make decisions on governance proposals, with the voting power determined using quadratics. The implementation of Quadratic funding, Proof of Sustainable Work, X-Nodes endorsement, and GM NFT upgrade are expected. This solution aims to create a more inclusive and innovative environment while preventing the influence of single participants. The mainnet launch of VeBetterDAO has enabled the introduction of sustainable features and implementations. VeChain's network has been recognized for its energy efficiency, with a low carbon footprint and electricity consumption per transaction. Various new features and programs are set to be completed by Q1 2024. VeChain continues to collaborate with partners and onboard new dApps and businesses. At present, VET is trading at $0.021.
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