The post Key Dates and Mainnet Launch appeared on BitcoinEthereumNews.com.

VeChain has announced some important dates for the upcoming mainnet launch scheduled for June 28. According to a post shared on X, the final window to claim rewards would run from June 17 to June 22 with the first mainnet voting scheduled for July 1.  Vechain’s (VET) VeBetterDAO recently concluded its 12th round of voting with 2,200 people participating. As earlier reported by Crypto News Flash, this was part of the effort to distribute 67,000 B3TR tokens across 7 decentralized applications. Drawing insight from that report, the much-anticipated transition to the mainnet is meant to integrate new features to improve governance coupled with the incentivization of different forms of participation. In addition to that, this groundbreaking upgrade would mark a significant movement towards a global action on sustainability, and also empower the crypto community at large.  Today, we’re excited to share details about the upcoming launch of VeBetterDAO’s mainnet and what you can expect in the coming weeks. VeBetterDAO’s mainnet debut is set for June 28, 2024, and marks more than just a technology upgrade. Its launch is a huge leap forward for global action on sustainability, for empowering crypto communities, and for Web3 adoption at large. Important Dates for the VeChain’s VeBetterDAO Mainnet Launch According to VeChain, June 17 to June 22 would be the final window to manually claim testnet rewards. On June 23, the final snapshot of all testnet token activities will be taken. After this, the VeBetterDAO testnet would be paused as part of the preparation for the deployment. According to the announcement, this would take place from June 23 to June 28.  On June 28, holders of the testnet tokens – B3TR, VOT3, and GM NFT would see the assets reflected in their balances on the VeChainThor mainnet. After the completion of the transition, all…

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Filed under: News - @ June 19, 2024 10:20 pm