VeChain was founded 8 years ago with a vision of delivering real world adoption for blockchain technology. After all these years, we’re incredibly proud of our achievements, having developed a growing ecosystem of retail and enterprise applications, with some of the world’s largest companies running products on our blockchain.
Today, and notably catalyzed by the incoming U.S administration, it is clear we have entered a new phase for blockchain adoption. We recognize this as a once-in-a-generation opportunity — one that demands bold action as we position VeChainThor for that future.
The VeChain Renaissance
The VeChain Renaissance is a technical roadmap designed by our core protocol team, set to deliver a holistic upgrade of VeChainThor. The core objective is to create an environment that better serves stakeholders, stays ahead of tech and regulatory trends, and enables network growth from a user, developer and integration perspective.
In 2025, we will deliver various tokenomics updates:
New consensus mechanism
Modified VTHO tokenomics
Aligned network participation <> VTHO distribution model
Revamped staking model
Creation of a developer fund
And new functionality for the EVM, to drive greater interoperability:
Ethereum Virtual Machine (EVM) parity and cross-chain compatibility, enabling new features, and a seamless developer experience.
JSON-RPC support, unlocking interoperability with a wide range of tools including wallets, bridges and on-chain apps, streamlining dApp integration for developers, enterprises and institutions.
A dynamic gas fee market modelled on EIP-1559, securing the network, combatting network congestion and delivering an enhanced user experience.
In the coming weeks, we will publish a detailed roadmap fully outlining our vision in phases named Galactica, Hayabusa and Interstellar.
Why Now?
From balancing present and future stakeholder needs, to creating a more attractive developer environment, these upgrades will help us secure the long-term health of VeChainThor, VeBetterDAO, and other application ecosystems running on the blockchain.
Emerging regulations, especially those in Europe such as Markets in Crypto-Assets (MiCA), create an impetus for change, as do the requirements of US institutional players with whom we are in ongoing discussions.
We have delivered some incredibly innovative tools to-date, from our unique two-token model to fee delegation that abstracts away the need for users to hold crypto assets. By opening our blockchain to other EVM-chains, we offer our unique selling points to the market, and benefit from innovations elsewhere.
The VeChain Renaissance consolidates our historical successes and learnings, repackaging them into a new era for the protocol.
VeChain Renaissance Goals
Reimagined Tokenomics
Tokenomics are the foundation of every public blockchain. Intelligent tokenomics create value from network engagement, activity and growth. Doing so in a sustainable manner is critical for attracting and retaining long term participants, driving expansion and development of the blockchain.
In our consensus upgrade, we deliver a bold reimagining of VeChain’s tokenomics model:
New Validator Opportunities: X-Nodes and Economic Nodes will be empowered to validate network transactions, earning VTHO rewards for securing the network.
Greater Decentralization: VeChainThor becomes more resilient, with community members becoming the backbone of its operations, better aligning with regulatory requirements.
Modified VTHO Tokenomics: A new VTHO distribution model to make VeChainThor more attractive to stake and secure, plus new opportunities for builders to support the growth of on-chain apps and the expansion of VeBetterDAO.
Please note: A detailed article on VeChain’s upgraded tokenomics will follow next week.
2. Technological Equivalence
Our goal is delivering VeChainThor to billions of users, thus, it is imperative we meet the standards of the industry to ensure our network can communicate easily with others. The Ethereum Virtual Machine (EVM) and JSON-RPC are the standard for inter-blockchain communication, and so, alignment is a critical objective.
Key benefits include:
Going Cross-chain: JSON-RPC allows seamless integration with Ethereum-compatible protocols and on-chain applications — opening new avenues for growth
Integration ease: Developers can port the most familiar tools, wallets, bridges and more, to and from VeChainThor
Developer Adoption: JSON-RPC is a universal interface, opening the network to the 100k+ blockchain developer familiar with it
Institutional/Enterprise Integration: JSON-RPC allows institutions and enterprise applications to integrate VeChainThor more easily, from exchanges to custodians to other products and services.
This list is by no means exhaustive, and we will be releasing additional content to explain these concepts in more detail, starting next week.
Old Dogs, New Tricks
The updates outlined today are non-exhaustive but represent the most significant changes coming to the VeChainThor network.
As we move forward, we will maintain clear and open communications with VeFam and the wider crypto community to seek input, feedback, and ultimately, gain consensus as we seek your support to allow us to deliver the transition through an all-stakeholder voting event.
We are incredibly confident in our core developer team’s expertise, their vision, and for the collective future of blockchain as an industry, whose adoption will be led by innovative applications delivering real world impact, such as VeBetterDAO.
We look forward to hearing your feedback, and hope you’ll join us in an X Space, to be announced soon, to discuss and digest what’s to come!
About VeChain
Founded in 2015, VeChain built a world leading enterprise smart contract platform, VeChainThor, helping deliver blockchain adoption apps to hundreds of enterprise partners.
Building on this expertise, VeChain, in close partnership with Boston Consulting Group, launched the ‘Better’ ecosystem — comprised of sustainability apps that use tokenization and incentivization to reward users, businesses and other stakeholders for sustainable actions.
To learn more, including how you can build apps of your own, grants, documentation and more, visit vechain.org — or vebetter.com to explore.
The VeChain Renaissance: An Updated Protocol for the Age of Mass Adoption was originally published in VeChain on Medium, where people are continuing the conversation by highlighting and responding to this story.
