Vechain aims with B3TR and VTHO incentives on the trillion dollar tokenization market
- Vechain introduces B3TR premiums and VTHO deflation to increase sustainability and to open up the tokenization market.
- The new Vebetter website, the USDGLO tablecoin introduction and token updates aim to enlarge the range of Vechain.
VeChain Has started a strategic initiative that aims to enter the growing trillion dollar tokenization market. The upgrade, which is called “Vechain Renaissance”, focuses on sustainability and offers new incentives for network users and developers.
With the upgrade, a dual token system is introduced, which rewarded environmentally friendly action and adapts the dynamics of the offer to obtain the value within the ecosystem.
The first part of the upgrade brings in the B3TR token, which is used to reward users to participate in sustainable activities. This step supports the wider “X-2-EARN” system from Vechain, which promotes daily commitment with blockchain-supported green apps. The second part includes changes to the VTHO token with which deflationary mechanisms are introduced to reduce the supply over time and increase long-term demand.
How CNF reportedVechain has set up a brand new website for vebetter, its platform, which transforms sustainable actions into tokenized premiums for users who interact with environmentally friendly dapps. Vechain presented the website as a new digital home for its X-2-EARN sustainability program.
The updated website aims to improve ergonomics for users through modern design and intuitive navigation. Users can now explore their sustainable activities more easily, manage their GM NFTs and take part in the DAO Governance. It is expected that these updates support the acceptance of B3TR and promote the commitment to the ecologically oriented services of the platform.
Market position and token performance
The native token of Vechain, Vet, was to $ 0.02528 when writing this article, with a 24-hour turnover of $ 50.28 million. The token has recorded a decline of 2.9% in the past few days, but has increased by 4.65% in the past week.
Technical indicators indicate that VET reaches a support zone between $ 0.02048 and $ 0.02487. This level has sparked strong interest in purchase in the past. A bump -up from this support could enable the course to test the next level of resistance at $ 0.04770.
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In addition, the volume data indicates less sales pressure in the last meetings, which could support a short -term increase in the course. The RSI is less than 40, which indicates a weak momentum, but also of oversold conditions.
New developments and partnerships
How CNF reported, Due to its unique infrastructure, the Vechain network continues to become more important. The Glo Dollar Foundation has introduced its USDGLO tablecoin on Vecharthor via a recently closed partnership with the network.
USDGLO is now available on VECHAINS DEX Veswap and can also be accessed via the Aggregator Service from Betterwap. Both platforms offer users easy access to stable trading pairs and support Vechain’s goal of offering a more comprehensive defect environment. This expansion of the Defi services supports the broader growth of the Vecharthor blockchain.
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