VeBetterDAO Proposal Passes With Strong Support, Leading to Platform Changes

VeBetterDAO’s latest proposal for quadratic voting and funding has been passed with strong support from the community. According to a post on social media platform X, over 13.3 million VOT3 tokens have been cast in favor of the proposal. The initiative aims to increase user participation and rewards through new governance mechanisms. The development team has already begun implementing the approved changes to improve the overall user experience of the platform.

The main highlight of the proposal presented by Sunny Lu is the introduction of the Proof of Sustainable Work (PoSW) system. This solution encourages users to regularly engage with Better applications by rewarding them with governance tokens based on a minimum score. The score is determined by the user’s activity in the ecosystem, making governance rewards more affordable and fair. In addition to improving application usage, PoSW aims to incentivize more transactions, which is expected to increase overall user rewards.

The development team believes that this approach will lead to a more active and engaged user base. They are confident that the PoSW solution will streamline the governance process while facilitating sustainable interactions within the platform.

Image: CoinTrust

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