- VeChain opens an all-stakeholder vote on Hayabusa via the VeVote platform.
- If approved, the network targets a September testnet and a December 2025 mainnet release.
VeChain has begun the Hayabusa governance vote, putting two network proposals to all stakeholders on the revamped VeVote platform.
VeFam – you SMASHED it!
Quorum on the Hayabusa vote was reached in just 5 hours 😎
The first steps to new tokenomics and an updated consensus model have been taken. 🚀
Meanwhile, please continue to support the vote and let’s crush the engagement! $VET https://t.co/UWUTAbBFeq
— VeChain (@vechainofficial) August 18, 2025
VeChain sets vote on VIP-253 and VIP-254 to change consensus and token issuance
The ballot contains VIP-253, which would replace VeChainThor’s current Proof of Authority system with Delegated Proof of Stake.
Under the Hayabusa design, block production is handled by a fixed validator set while VET holders participate indirectly by staking and delegating through StarGate. This moves network security from appointed authorities to a stake-based model intended to broaden participation.
The second measure, VIP-254, would shift VTHO creation from a static generation model to dynamic block rewards distributed only to VET stakers who help secure the chain.
The change would concentrate new VTHO issuance on active participants rather than passive holders and reduce baseline inflation relative to today’s constant VTHO accrual. Project materials indicate that if the vote passes, new supply would primarily flow to validators and their delegators under the staking framework.
Testnet planned for early September with mainnet activation targeted for December 2025
VeChain states that a Hayabusa testnet will go live in early September followed by a mainnet integration targeted for late December 2025, subject to approval. These milestones align with the Renaissance roadmap and recent communications from the project team.
Voting is conducted on VeVote, which now supports StarGate-based governance. To participate, legacy node holders must first migrate their Economic or X Nodes to StarGate NFTs.
The migration converts previous positions into on-chain staking NFTs that can delegate to validators and carry voting rights under the new model. The project has published guidance and a dedicated interface to complete the process before casting ballots.
For token holders and applications built on VeChainThor, the paired proposals represent material changes to network incentives. Consensus would be secured by stake and delegation rather than authority nodes.
VTHO issuance would be earned through active participation that supports block production rather than accrued automatically in all wallets. The governance window now open on VeVote will determine whether those changes proceed to testing in September and a targeted mainnet deployment by year end 2025.
At the time of this press, VET is trading at $0.02351343 USD, a slight slip of $0.00018, representing a –0.0075 % change over the past 24 hours. The token has fluctuated with an intraday high of $0.0242005 and a low of $0.02329983.
