VeChain sharpens governance: Sunny Lu calls “lazy voting” into the fight
- VeChain founder Sunny Lu presents a two-tier governance proposal for VeBetterDAO that aims to prevent “lazy voting” in weekly voting.
- Phase 1 relies on new multipliers, phase 2 introduces delegable “navigators” with staking and slashing rules.
VeChain founder Sunny Lu brought attention to his new governance proposal on the VeBetterDAO forum in a post on X on January 20th. The Suggestion is intended to combat the issue of “lazy voting” in weekly allocation voting.
His idea is a two-stage upgrade: In the first step, incentives for active voting are improved, after which VeChain users should be able to delegate their voting rights without giving up control of their tokens.
How the Vechain founder wants to promote more participation
According to the VeChain founder, the current governance model favors convenience over active participation, resulting in “stagnant allocations” and disadvantages for new projects. Lu writes:
“Weekly allocation voting has gradually become highly reward-driven, resulting in widespread ‘lazy voting.’
To encourage active participation, Phase 1 relies on two multipliers. The “Freshness Multiplier” increases weekly voting power depending on how recently a VeChain user has actively adjusted their allocation.
Those who update weekly receive 3.00x; an update every two weeks brings 2.00x; without an update over three or more rounds it remains at 1.00x. An “update” is any change, such as adding or removing dApps or rebalancing shares. The logic: Regular reassessment should not be forced, but should be more economically attractive than passivity.
The second multiplier targets votes in which, according to Lu, extremely high abstention rates dominate. The VeChain founder states:
“50-60% of votes are ‘abstention’, often from over 10,000 wallets. ‘For/against’ votes in recent proposals typically come from fewer than 2,000 wallets. At this stage of ecosystem maturity, abstention provides minimal information or governance value – and inflates the optics of participation without improving decision quality.”
According to the proposal, a second multiplier should therefore be introduced: abstentions will still be possible, but will be paid less. For/Against receives 1.00x, abstention receives 0.30x (“Governance Intent Multiplier”).
Phase 2: Delegation an „Navigators“
Phase 2 introduces “Navigators,” where users can voluntarily delegate their weekly decision. The delegation can be revoked at any time; users retain ownership of VOT3. The delegated voting power is based on the token holder’s multipliers and their behavior. Navigators must disclose a public profile, voting strategy, conflicts of interest, and publish regular reports.
As a reward, Navigators receive a fixed share of 20% of the delegators’ weekly rewards; Charges will be suspended for four rounds. A staking and slashing framework is central: 10% of the delegated VOT3 is required, with a minimum stake of 50,000 VOT3 and a maximum stake of 1% of the circulating VOT3.
If the stake falls below the minimum for seven days, auto-removal follows; Violations can result in minor slashes (10%), such as missed votes or missing reports, up to major slashes (up to 100% of stake and blocked fees) in the event of serious misconduct such as manipulation, bribery or undisclosed relationships.
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