December 2, 2025 – The VeChain Hayabusa Upgrade has been successfully deployed on VeChainThor, the enterprise blockchain powering real-world asset tracking and sustainability initiatives. Activated at block height 23,414,400, the upgrade marks Phase 2 of the VeChain Renaissance roadmap, transitioning from a limited PoA model to full Delegated Proof-of-Stake (DPoS).
Key Takeaways
- VeChainThor activates the Hayabusa hard fork at block 23,414,400, enabling full DPoS consensus.
- The upgrade introduces NFT-based staking, enhanced governance, and MiCA-compliant tokenomics.
- Major exchanges—including Binance, Coinbase, and KuCoin—support a seamless transition.
- DPoS staking and deflationary VTHO mechanics position the network for a potential $5B TVL by 2030.
From Supply Chain Pioneer to DPoS Evolution
Founded in 2015 by former Louis Vuitton executive Sunny Lu, VeChain focused on luxury supply chain authentication. Launching VeChainThor in 2018 on a PoA consensus with 101 authority masternodes, it prioritized enterprise reliability, securing partnerships with PwC, BMW, and Walmart China. The dual-token model—VET for value transfer and VTHO for transaction fees—avoided Ethereum-like gas congestion.
Phase 1 of the Renaissance roadmap introduced EVM compatibility and dynamic fees with the Galactica upgrade in Q2 2025. Teased in September 2025 and following a $200,000 Immunefi Attackathon, the VeChain Hayabusa Upgrade is VeChain’s eighth hard fork, expanding 300+ enterprise partnerships and preparing the network for full DPoS, NFT staking, and MiCA-compliant tokenomics.
Cementing VeChain as a Compliant DeFi and RWA Hub
The VeChain Hayabusa Upgrade democratizes network security and incentivizes staking, projecting millions of stakers by 2030 and potentially raising TVL to $5 billion. StarGate NFT staking enables programmable rewards for tokenized RWAs, like carbon credits, aligning with UN SDGs and MiCA compliance.
Quantum-resistant features standardize verifiable data feeds, bridging TradFi with Web3, while deflationary VTHO issuance curbs inflation. This enables enterprises to tokenize assets on-chain, mitigate fraud across $10 trillion supply chains, and offer DeFi yields up to 10% APY.
VeChain Renaissance: From PoA to DPoS Maturity
VeChain’s Hayabusa hard fork, activated December 2, 2025, at block 23,414,400, completes Phase 2 of its Renaissance roadmap, following the Galactica upgrade’s EVM compatibility in Q2 2025. Transitioning from a 101-masternode PoA to full DPoS with StarGate NFT staking, it democratizes governance and ties VTHO rewards to delegation, enhancing scalability for 300+ enterprise partners like PwC and BMW in the $10T RWA supply chain market.
