The much anticipated VeChain Renaissance has been said to significantly reduce VTHO inflation by 72.2% while transforming the existing network operation from passive investment to active network guardianship.
Based on the reward model, validators are reported to earn 30% of the block reward, while delegators split 70% based on their stake size.
The official rollout of VeChain Renaissance was recently announced with the start of a stakeholders’ voting of one of the three major phases called the Galactica upgrade.
As we reported last month, this was supposed to be the foundational upgrade to the protocol with the introduction of the Dynamic Gas Fee Market for transactions. Fascinatingly, an analyst identified as CryptoBusy has, in a latest post, provided fresh insight on the significant changes and integration expected from this groundbreaking upgrade.
Firstly, CryptoBusy believes that the VeChain Renaissance is the most powerful upgrade in the history of VeChain. According to
