The post A New Era of Tokenomics and Interoperability appeared on BitcoinEthereumNews.com.

On January 8th, VeChain CEO Sunny Liu unveiled the 2025 roadmap, focusing on VeBetter DAO, VeWorld Wallet, and launching the VeChain Renaissance. According to a post on X by the VeChain team, the VeChain Renaissance will unfold over three phases: Galactica, Hayabusa, and Intergalactic. The VeChain team has unveiled a roadmap for 2025, aiming to transform its blockchain ecosystem with cutting-edge tokenomics and enhanced interoperability. As we reported, VeChain will work on critical projects, including the VeBetterDAO Network, transforming VeWorld Wallet into a super app hub, and rolling out the VeChain Renaissance to upgrade its core technologies. In this article, we’ll look at VeChain Renaissance, a multi-phase roadmap designed to introduce intelligent tokenomics and maintain VeChain’s leadership in the blockchain space. Renaissance will be executed through three key phases: Galactica, Hayabusa, and Intergalactic. Galactica (Q1 – Q2 2025) The Galactica phase, set to be achieved in the first quarter of 2025, focuses on integrating advanced technologies to propel VeChain’s evolution. During this phase, the VeChain team will submit VeChain Improvement Proposals (VIPs) for the Galactica hard fork, prioritizing adopting a dynamic gas fee model and the Shanghai Ethereum Virtual Machine (EVM) upgrade.  As stated on the X post, these upgrades will align VeChainThor with the latest EVM advancements, ensuring compatibility with modern smart contract platforms. Additionally, the Galactica Testnet will be launched, enabling developers to test and experiment with new features ahead of mainnet integration.  VeChain will also host an inclusive voting event to emphasize its decentralized governance model, inviting Authority, X, and Economic Node holders to approve the Galactica mainnet merge, further reinforcing community involvement in its development. Galactica Implementation Once approved, the Galactica upgrades will be deployed on the mainnet, introducing several transformative features. The Dynamic Fee Mechanism, inspired by EIP-1559, will dynamically adjust transaction costs based on…

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Filed under: News - @ January 11, 2025 5:24 am