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- VeChain’s token model separates value, energy, and rewards to ensure the growth of a purpose-driven ecosystem.
- This mechanism functions as a closed loop in which VET-generated VTHO powers productive activity, rewarding participants with B3TR.
VeChain was founded in 2015 by Sunny Lu, the former Chief Information Officer for Louis Vuitton China, with a vision to use blockchain for transparent and secure supply chain management.
In 2018, VeChain rebranded and launched its own proprietary blockchain, VeChainThor. The VEN token was swapped for VET at a 1:100 ratio, and the dual-token system VET and VTHO was introduced.
VET is used for value transfer within the ecosystem, for smart contracts and business logic, and for governance. Holding VET enables you to generate the secondary token, VTHO, simply by holding VET.
The Vechain team said on X,
Every bee has a role, and together they form one of nature’s most efficient systems. The hive provides structure and stability. The bees’ collective effort fuels activity, gathering nectar that sustains their community. VeChain’s three-token economy functions much like this hive.
The Vechain Bee Hive
At the center of Vechain’s 2025 roadmap lies Vechain Reinassence, a three-phase upgrade that is meant to increase the network’s efficiency, security, and utility. The first stage is Galactica, followed by Hayabusa, and lastly Intergalactic.
On the first of July, CNF reported that Stargate, the network’s staking platform, had launched and was in its bootstrapping phase, running till December 31. The users can stake VET and receive delegator NFTs that represent their staking position on-chain. In return, this helps secure the VeChainThor network and earn VTHO as a reward.
VET is VeChain’s primary asset, with a market capitalization of approximately $1.48 billion. With 85.98 billion VET in circulation out of a fixed cap of 86.71 billion, the token’s supply model promotes clarity and long-term predictability.
When a transaction occurs, a portion of the VTHO fee is burned, permanently removing it from circulation. The rest goes to the Authority Masternodes, the validators responsible for maintaining the network. This continuous cycle, generation, usage, and burn ties VeChain’s economic model directly to real-world activity.
This refined model concentrates network rewards on active participants and is expected to cut VTHO inflation by as much as 72.2%.
The third element in VeChain’s regenerative ecosystem is B3TR, the native token powering VeBetterDAO. It acts as a bridge between blockchain and real-world impact. B3TR rewards users for sustainable and socially beneficial actions, from participating in recycling programs to contributing to health or environmental initiatives.
Applications such as Cleanify encourage community clean-up efforts and recycling by issuing B3TR incentives, while GoGreen tracks carbon savings from eco-friendly commuting or renewable energy use.
According to VeChain’s bee-inspired analogy, B3TR represents pollination —the mechanism that spreads value throughout the ecosystem. Each interaction renews the network, ensuring that every positive action fuels both digital growth and real-world environmental benefit.
To date, over 13,000 nodes have been minted, representing more than 6 billion VET staked via StarGate. In parallel, over 5 million users are already earning B3TR tokens by completing real-world sustainable activities that deliver verifiable environmental and social benefits.
Recently, VeChain partnered with Lululemon to integrate blockchain-based verification technology into the brand’s apparel, enhancing anti-counterfeit protection and product transparency. Each item will feature a unique digital identity powered by QR codes and NFC technology, allowing consumers to verify authenticity and trace product origins instantly.
In another development, the VeChain Foundation has released the latest update to its VeWorld Super App (v2.4.6), introducing a “favorites” feature that lets users bookmark and access their preferred dApps with a single tap, further streamlining the overall user experience in the VeChain ecosystem.
