All the latest news and key insights you need from VeChain
VeChain, founded in 2015, is a sustainability-focused blockchain driving mass adoption of Web3. Its energy-efficient VeChainThor chain delivers fast, low-cost transactions, making blockchain accessible to millions worldwide. With partnerships including UFC, BCG, and Walmart, and over 2 million active users on VeBetter-powered apps, VeChain is proving real-world impact at scale.
In 2024, the VeChain Renaissance upgrade was launched, introducing Ethereum compatibility, dPoS consensus, and dynamic gas fees. It cut VTHO inflation and introduced StarGate NFT staking, where users lock VET to mint transferable NFTs that earn VTHO, can be delegated to validators, and serve as governance instruments. The upgrade also added new eco node tiers, lowering entry barriers while keeping rewards across higher staking levels.
By combining adoption, upgraded tokenomics, and inclusive staking, VeChain is positioning itself as a leading blockchain where usage, growth, and rewards fuel long-term value creation.
OCT Vault
OCT Timeline - VeChain
2018-06-30
VeChainThor Mainnet Launch
VeChainThor mainnet launched with enterprise-focused supply chain infrastructure.
2019-09-18
Enterprise Partnership Growth
VeChain expanded enterprise partnerships across logistics and product verification industries.
2022-08-01
Sustainability Infrastructure Expansion
The ecosystem accelerated sustainability and carbon tracking infrastructure initiatives.
2025-01-20
Enterprise Adoption Growth
VeChain broadened enterprise adoption across blockchain-powered real-world applications.