Future

Better

<ul>
 <li>VeBetterDAO's proposal on Quadratic Voting/Funding passed with 13.3 million $VOT3 tokens in support, driving platform changes.</li>  
 <li>Proof of Sustainable Work solution encourages app engagement and rewards users based on activity within the Better apps ecosystem.</li>  
 <li>VeBetterDAO will implement X-Node Endorsements and GM NFT Upgradeability by October to enhance governance and NFT utility.</li> 
</ul>  
<p>VeBetterDAO's latest proposal on Quadratic Voting and Funding passed with strong community backing. According to a X <a href="https://x.com/vechainofficial/status/1833143500868661570" target="_blank" rel="noopener noreferrer nofollow">post</a> on their official handle, over 13.3 million VOT3 tokens were cast in favor of the proposal.&nbsp;</p>  
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  https://twitter.com/CollinBrownXRP/status/1833367621284086124
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<p>The initiative aims to boost user participation and rewards through new governance mechanisms. The development team has already started implementing the approved changes to enhance the platform's overall user experience.</p>  
<h2 class="wp-block-heading" id="h-introduction-of-proof-of-sustainable-work-solution"><strong>Introduction of Proof of Sustainable Work Solution</strong></h2>  
<p>A major highlight of the proposal, introduced by Sunny Lu,&nbsp; is the introduction of the Proof of Sustainable Work (PoSW) system. This solution <a href="https://cryptonewsland.com/vebetterdaos-future-sunny-lu-introduces-innovative/" target="_blank" rel="noopener noreferrer nofollow">encourages users to engage</a> with Better apps regularly, rewarding them with governance tokens based on a minimum value score.&nbsp;</p>  
<p>The score is determined by a user's activity within the ecosystem, making the governance rewards more accessible and equitable. Besides enhancing app usage, PoSW aims to drive more transactions, which is expected to increase overall user rewards.</p>  
<p>The dev team believes that this approach will foster a more active and engaged user base. They are confident that the PoSW solution will streamline the governance process while promoting sustainable interaction within the platform.</p>  
<h2 class="wp-block-heading" id="h-future-plans"><strong>Future Plans</strong></h2>  
<p>In addition to PoSW, <a href="https://vebetterdao.org/" target="_blank" rel="noopener noreferrer nofollow">VeBetterDAO</a> plans to introduce X-Node Endorsements and GM NFT Upgradeability by the end of October. These features aim to strengthen the platform's ecosystem. X-Node Endorsements will give trusted nodes more influence in governance, ensuring that decisions align with the community's best interests.</p>  
<p>Furthermore, GM NFT Upgradeability will allow users to enhance their existing NFT assets, increasing their utility. This feature is expected to boost both user engagement and investment in NFTs on the platform.</p>  
<p>The successful passage of the VeBetterDAO proposal marks a major shift for the platform, introducing features designed to improve user engagement and governance. The development team is moving swiftly to implement these updates. These changes position the platform for a more sustainable and rewarding future.</p> 
<p>The post <a href="https://cryptonewsland.com/vebetterdao-proposal-passes-with-significant-support/" rel="noopener noreferrer nofollow">VeBetterDAO Proposal Passes with Significant Support, Bringing Changes to the Ecosystem</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

VeBetterDAO Proposal Passes with Significant Support, Bringing Changes to the Ecosystem

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