VeBetterDAO’s Quadratic Voting Proposal Passes with 13.3 Million Tokens, Boosting Platform Governance

• VeBetterDAO’s Quadratic Voting proposal passed with 13.3 million tokens in favor, aiming to improve platform governance and user engagement.
• The Proof of Sustainable Work system rewards users based on activity, encouraging regular app use and equitable governance participation.
• By October, VeBetterDAO will introduce X-Node Endorsements and GM NFT Upgradeability, enhancing governance influence and NFT utility.

VeBetterDAO’s latest proposal on Quadratic Voting and Funding has received significant community support, with over 13.3 million VOT3 tokens cast in favor. The initiative aims to improve user participation and governance on the platform by introducing new features that drive engagement.

Introducing the Proof of Sustainable Work Solution

A key component of this proposal is the Proof of Sustainable Work (PoSW) system, designed to encourage regular app usage within the Better ecosystem. Users are rewarded with governance tokens based on their activity, ensuring that participation is not only active but also equitable. This new system seeks to enhance user engagement and increase the frequency of transactions within the platform.

Besides the introduction of PoSW, VeBetterDAO aims to foster more active interaction within its platform. The dev team believes the solution will lead to higher user rewards while promoting sustainable app usage. By linking governance rewards directly to user activity, VeBetterDAO ensures that the platform remains vibrant and its governance more accessible to all participants.

Upcoming Features: X-Node Endorsements and GM NFT Upgradeability

In addition to PoSW, VeBetterDAO plans to roll out two new features by October—X-Node Endorsements and GM NFT Upgradeability. X-Node Endorsements will give more trusted nodes influence within governance decisions, ensuring alignment with the community’s interests.

Moreover, GM NFT Upgradeability will allow users to enhance their current NFT assets, increasing their value and utility. This feature is expected to drive both engagement and investment in NFTs within the Better ecosystem.

Enhancing Governance and NFT Utility

VeBetterDAO is moving quickly to implement these changes, marking a significant shift in how the platform approaches governance and user rewards. The introduction of PoSW and upcoming features aims to create a more robust and interactive platform experience for all users.