Vana Completes Expanded Staking Under the Vega Upgrade, Publishes Updated VANA Token Economics

Changelly
Bybit


Vana Completes Expanded Staking Under the Vega Upgrade, Publishes Updated VANA Token Economics

Disclaimer: The below article is sponsored, and the views in it do not represent those of ZyCrypto. Readers should conduct independent research before taking any actions related to the project mentioned in this piece. This article should not be regarded as investment advice.

The Vana Foundation has announced the completion of expanded staking as part of the Vega upgrade to the Vana network, alongside the publication of a new paper — VANA: The Asset Behind an Open Data Economy — setting out the network’s token economics. A public dashboard at token.vana.org now reports network reads, fee income, buybacks, burns, and token supply, with the on-chain record behind every figure.

coinbase

How the Fee Model Works

Vana is a network for moving personal data with the permission of the person it belongs to. Under its fee model, an application that reads a person’s data with a granted permission pays one cent per scope read. Protocol rules allocate those fees as follows: 60% to stakers through staking pools, 20% to the purchase and burn of VANA, and 20% to ecosystem development. Each buyback and burn is published with its transaction hash.

Inside Expanded Staking

With expanded staking now live, the network runs through three staking pools, each carrying a 5% operator commission. Staking rewards are paid from network fees, accrue to the staked position, and can be claimed as they accrue.

Existing staked positions can be moved into one of the three pools in a single transaction at stake.vana.org by midnight UTC on October 31, 2026. Principal can be withdrawn at any time, with no deadline — but after October 31, a position that hasn’t moved will no longer earn rewards.

Follow ZyCrypto On Google News

&nbsp

“Every read of a person’s data on the network is a paid transaction, and the fees pay the node operators and stakers who make that movement possible,” said Art Abal, Managing Director of the Vana Foundation. “The split is written into the protocol, and every figure is published on chain.”

Network Activity to Date

Applications on the network have produced 2,937,447 verified reads as of September 28, 2026. Total VANA supply and release schedules remain unchanged.

The paper VANA: The Asset Behind an Open Data Economy and the whitepaper addendum The Vega Upgrade: Data Portability and Transformations are both available at token.vana.org.

About Vana

Vana is an open network for personal data portability. Its standard, the Personal Data Portability Protocol, was contributed to Linux Foundation Decentralized Trust as a Community Specification.

About the Vana Foundation

The Vana Foundation is a non-profit foundation that supports the development and adoption of the Vana network and is a member of Linux Foundation Decentralized Trust.

About OpenDataLabs

OpenDataLabs builds and operates the products that governments and industry run on the Vana network.

This release is for information only and does not constitute an offer or solicitation to buy or sell any token or security.



Source link

Bybit

Be the first to comment

Leave a Reply

Your email address will not be published.


*