- VeChain is on the verge of launching Stargate, one of its most significant upgrades to date.
- With Stargate, the total staking allowance will increase, allowing for more flexibility.
VeChain, a leading decentralized blockchain, is set to launch its StarGate upgrade on July 1, 2025, as part of the Renaissance roadmap. As part of the upgrade, the blockchain network is set to increase the maximum staking limit for validators.
Validator Limits Raised for Stronger Network Security
As announced in a recent X post, this upgrade represents a significant milestone in the platform’s growth. The incoming StarGate upgrade is set to offer new features for users who hold and stake the $VET token.
It aims to enhance the functionality of the VeChainThor network, making it more open, secure, and prepared for future use.
VeChain recently made an important update with its StarGate upgrade by raising the maximum amount that validators can stake. Previously, validators could only stake up to 25 million VET; however, this limit has now increased to 600 million VET.
This change will allow larger holders and institutions to participate more actively in securing the network. By allowing more VET to be staked through validators, VeChain is improving its level of decentralization and trust.
As explained in our last news piece, VeChain introduced new node levels in early June. These nodes start at 10,000 VET, making it easier for more people to access staking and earn rewards on the platform. This move is also designed to open the door for more serious participants to help run and maintain the blockchain.
StarGate also introduces a new way for regular users to earn rewards. Those who do not run a validator node can still take part by becoming Delegators. Delegators will be able to choose a validator and stake their VET tokens through that node.
According to reports, delegators receive 70% of the block rewards, while Validators retain 30%, including transaction fees. This model is designed to enhance user flexibility and promote active and equitable participation from both parties.
Part of a Broader Renaissance Upgrade
StarGate is the second phase of the Renaissance plan, following Galactica and coinciding with Hayabusa. This soon-to-be-launched upgrade comprises several stages designed to enhance the platform’s technology and economy.
As previously mentioned, one of the key features is staking Non-Fungible Tokens (NFTs), where each staking position is linked to a unique asset. This makes it easier for users to track, manage, and transfer their stake.
With the StarGate upgrade, only staked VET will now earn VTHO rewards. This will help reduce excess supply and encourage users to hold long-term. Additionally, all base transaction fees paid in VTHO will be permanently burned, reducing the total supply and supporting its value.
To encourage early participation, VeChain has allocated a substantial reward pool of 5.48 billion VTHO, valued at approximately $14 to $15 million. As highlighted in our previous article, this is to reward early stakers when StarGate goes live.
The launch of StarGate will open up new opportunities for users to participate in the VeChain network. This upgrade is not only for crypto users. It is designed to support real businesses, developers, and even institutions.
These added features will help VeChain, already gaining traction for its real-world use, be more ready for mass adoption.
Recommended for you:
Credit: Source link
