VeChain VET Unveils $15M StarGate Staking Program Aligning With SEC Crypto Staking Guidance

VeChain, a premier blockchain foundation, has announced its StarGate staking program launching today, July 1. The initiative introduces a major upgrade to native staking on the VeChainThor blockchain, supported by a $15 million bonus pool distributed over six months. This development comes as the crypto sector anticipates staking-focused ETFs, following recent SEC guidance clarifying that protocol staking activities do not qualify as securities offerings.

The StarGate program represents a key milestone in VeChain's Renaissance technical roadmap, enhancing rewards and enabling direct-from-protocol staking through NFT integration. The Renaissance upgrade marks VeChain's most significant protocol overhaul to date, featuring improved tokenomics, a new staking model, and critical technical advancements including EVM equivalence and JSON RPC. These upgrades aim to increase the blockchain's economic attractiveness and developer accessibility.

A novel Weighted Delegated Proof of Stake consensus mechanism will enable VET holders with as few as 10,000 tokens to participate in staking, earn rewards, and help secure the network. This MOVE highlights VeChain's dedication to greater accessibility and decentralization, positioning the platform ahead of an expected institutional staking surge.