VeChain Hayabusa Vote Begins August 18 to Drive Network Decentralization

Generated by AI AgentCoin World
Monday, Aug 18, 2025 4:34 am ET2min read
VET
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Aime RobotAime Summary

- VeChain’s Hayabusa vote (Aug 18) aims to decentralize consensus via DPoS, replacing PoA and adjusting staking incentives for validators and delegators.

- VTHO generation now rewards active stakers exclusively, reducing supply and tying rewards to network security contributions under the new model.

- $10–15M in VTHO rewards injected to stabilize the transition, while StarGate’s NFT staking lowers barriers for community participation.

- MiCAR compliance and governance maturity position VeChain to attract institutional investors, with potential ETF filings remaining speculative at this stage.

VeChain’s Renaissance initiative is approaching a pivotal phase as the Hayabusa vote is set to commence on August 18, marking a major step in the blockchain platform’s evolution. This governance process allows stakeholders to vote on critical upgrades under the Hayabusa roadmap, which follows the Galactica phase and precedes the Intergalactic phase. The upgrades aim to decentralize consensus, overhaul tokenomics, and introduce a dynamic staking model to improve network security and efficiency [1].

The Hayabusa roadmap includes a transition from Proof of Authority (PoA) to Delegated Proof of Stake (DPoS), shifting validation power from a limited number of authority nodes to a broader group of validators and delegators. Under the new system, validators receive a 2x multiplier, X-Node Delegators get 1.5x, and Economic Node Delegators earn a 1x rate. This change is intended to better align incentives across the network, rewarding active participants and reducing excess token issuance [1].

A key feature of the Hayabusa upgrade is the rework of VTHO generation. Unlike the previous model, where every VET holder received VTHO regardless of participation, Hayabusa ties VTHO rewards directly to active staking and delegation. This is expected to reduce the supply of VTHO by limiting reward generation to only those who contribute to network security [1].

To facilitate this transition, the

VeChain
Foundation has already injected billions of VTHO into reward pools, with estimates ranging from $10 million to $14–15 million in value. These incentives aim to encourage early participation and stabilize the network during the transition period [1].

The launch of StarGate in July has further enhanced accessibility by allowing VET holders to stake their tokens and receive NFTs that represent their stake. These NFTs can be delegated to validator nodes without the need to run a validator themselves, significantly lowering entry barriers for community members [1].

VeChain’s governance model is maturing as the project moves toward a fully decentralized structure. The introduction of community voting reflects a broader shift in the blockchain industry toward more inclusive and participatory governance frameworks. Analysts suggest that this approach could attract institutional interest, particularly with MiCAR compliance now active in 27 EU nations and VeChain’s compliance with MiCA for both VET and VTHO [1].

The potential for an ETF filing has also been discussed, with some analysts forecasting a price increase for VET should such a product materialize. However, these projections remain speculative and have not yet been realized [1].

With the Hayabusa testnet expected to launch in early September and the mainnet by the end of 2025, VeChain is positioning itself for a major transformation that could reinforce its standing in the enterprise blockchain space. Community engagement is high, with members of the VeFam actively participating in discussions and preparations for the upcoming vote [2].

Source:

[1] VeChain Renaissance Nears Completion as Hayabusa ... (https://cryptonews.net/news/altcoins/31449566/)

[2] Crypto News Flash on X: "VeChain Renaissance Nears ... (https://x.com/CryptoNewsFlas3/status/1957055580800950588)