- VeChain’s VeBetter DAO has grown significantly, reaching 3.24 million actions and showing that blockchain can effectively drive sustainability.
- VeChain’s VET has experienced a slight decline alongside a notable drop in its trading volume.
VeChain’s VeBetter DAO is making waves in the world of blockchain and sustainability. Since its launch in February 2024, the decentralized autonomous organization (DAO) has achieved a remarkable milestone today, with 3.24 million eco-friendly actions completed by users. The DAO, which encourages positive environmental actions through blockchain technology, has quickly gained widespread adoption. With its community-driven approach, VeBetterDAO empowers individuals to take meaningful steps toward a greener planet.
The VeBetterDAO incentivizes individuals to adopt eco-conscious behaviors by rewarding them with the B3TR token. B3TR is the token that powers the DAO’s incentive mechanism. Users earn B3TR tokens for a range of activities, including using reusable products, choosing environmentally friendly transportation options, and participating in activities like tree planting. With a total supply capped at 1 billion tokens, B3TR is designed to encourage ongoing participation in sustainable initiatives.
At the heart of VeBetterDAO is VOT3, the governance token for the DAO. Holders of VOT3 can vote on key decisions, such as new initiatives and upgrades, helping shape the future of the VeBetterDAO. Additionally, VOT3 enables staking, allowing users to earn rewards for their long-term involvement and support of the DAO. Both of these tokens can be utilized, exchanged, or redeemed, effectively transforming sustainability and aligning it with traditional financial assets.
One of the most innovative features of the VeBetterDAO is its X-2-Earn model. This concept introduces a series of decentralized applications (dApps) that reward users for taking positive environmental actions. A standout dApp is “Plant-2-Earn”, which rewards users with B3TR tokens for planting trees or reducing their carbon footprint. The integration of blockchain with sustainability in this model offers a unique opportunity for individuals to earn tokens while contributing to the planet’s well-being.
VeChain’s Growing Presence
According to the latest reports, VeChain’s VET token is experiencing a negative market value shift. Over the past 24 hours, the token has dropped by 2.43%, continuing a downward trend observed over the past week, where it has decreased by 8%. However, despite these recent declines, there is a silver lining: VET has shown resilience, with a 7.81% increase over the last 14 days. This suggests some positive momentum in the medium term, even as the token faces short-term volatility.
In addition, VeChain’s VeThor Token (VTHO), which acts as the gas token for the VeChain network, was recently listed on the Upbit exchange on January 21, 2025. This listing represents a significant step for VTHO, as it enables greater accessibility and liquidity for the token, which facilitates transactions and node rewards within the VeChain network.
