VeBetterDAO Updates: Introducing GM NFT Upgrades, B3MO — The VeBetter Mascot, and Node Delegation!

Hey, VeFam! Another week has passed — another week of VeBetter devs working tirelessly on improving the VeBetterDAO user experience. Today, we’ve a slew of updates going live — it’s a VeBetter update bonanza!

Let’s not waste any time and hop straight in to what the team have been cooking!

Introducing B3MO — The VeBetter Mascot

First up — we’d like to give a special welcome to VeBetter’s new figurehead and mascot — B3MO!

Taking inspiration from the ‘B3’ prefix of the platform’s incentive token — B3TR — and ‘Mo’, meaning ‘young rice sprout’ in Korean, B3MO represents growth, vitality and optimism. B3MO serves as a playful guide and mascot within the VeBetter-verse and adorns the solar system themed graphics of GM NFTs.

In future iterations, B3MO will serve as an AI companion on vebetter.com, offering real time advice, information and feedback for participants, builders and anyone who might have a question about the ecosystem and its resources.

The Launch of GM NFT Upgrades: To Da Moon (And Beyond)

We are excited to announce the launch of the long-awaited GM NFT Upgrade feature — a system that rewards long-term stakeholders and engaged VeBetterDAO users with an enhanced governance reward ratio. You can read more about the specifics of the GM NFT system in the VeBetter whitepaper.

From today, users will be able to access higher tier GM NFTs — but note — not all tiers will be unlocked at launch. Additional tiers will become available over time.

For X-Node and Economic Node holders, you can now claim your free upgrade, made possible through the node attachment feature that is also now live on the platform. If you own a VeChain Node — or have been delegated one — you can upgrade your GM NFT at no cost to the highest available level, relative to the tier of your Node.

This feature launch reflects our ongoing commitment to incentivizing active participation, and to offer more incentives to VeChain’s most dedicated stakeholders. GM NFT upgrades come with some stipulations:

• A node can only be attached to one GM NFT at a time.
• Once a node is attached, the GM NFT becomes non-transferable.

The relationship between nodes and GM NFTs is dynamic. If your X/Economic Node is upgraded, your GM NFT’s level will increase as well — though always capped by the maximum level of GM NFT level unlocked at the time.

Conversely, if a node is downgraded (in the case of Economic Nodes — an X Node cannot be downgraded), the GM NFT reflects this change, ensuring its tier is always tied to the Node itself.

GM NFT B3TR-Powered Upgrades

For non-Node holders, there is another way to upgrade your GM NFTs: donating B3TR tokens to the Treasury. In doing so, you can upgrade your GM NFT and unlock new tiers and unlock higher reward ratios.

The amount of B3TR required to upgrade is specified in the VeBetter whitepaper, but, importantly, those values are cumulative. When a user donates B3TR tokens to upgrade, the B3TR remains associated with the GM NFT, and the costs of subsequent upgrades are reduced. This means the upgrade system has an adaptive model that encourages ongoing engagement and rewards early participation.

Additionally, having a Node attached to a GM NFT introduces additional variables that offer a unique synergy between nodes and token-based upgrades.

Example: If a user has a Strength Economic node attached to a GM NFT, they can freely upgrade to ‘Moon’ tier. If the same user then decides to upgrade their GM NFT to ‘Mercury’, they must donate 25K B3TR tokens to the Treasury, which remain associated with the GM NFT.

If the user then detaches their Strength Economic Node, the GM NFT would revert to the Moon tier, rather than Earth tier, as the total of B3TR associated with the GM NFT is sufficient to unlock Moon tier (10K B3TR).

The remaining B3TR balance associated with the GM NFT is now considered to be 15K (25k starting balance, minus 10K cost for the Moon GM NFT), meaning, the same user can now upgrade to Mercury again with just 10K B3TR.

New Ways to Interact — Node Delegation

Finally, we’re pleased to introduce an entirely new feature — Node Delegation — offering a new way for Node owners to share their powers with a second, delegated address. This feature facilitates even greater participation, adding a layer of security for Node holders and helping drive greater participation from major ecosystem stakeholders.

Delegation is managed via the VeBetterDAO dashboard, where users can assign or revoke permissions as desired. Importantly, the delegation process is designed to protect node ownership:

• Delegators retain full control over endorsement and delegation rights.
• Delegatees cannot transfer, sell, or claim rewards for the delegated node outside of VeBetterDAO’s framework.

Any existing attachment between a node and a GM NFT is automatically severed when delegation is initiated or revoked, ensuring an empowered experience for Node owners.

Rules-Based System for Nodes Delegating GM NFTs

The security of Nodes and any delegated accounts is paramount, and we have aimed to ensure full sovereignty for delegated accounts:

• Attachment and Detachment: GM NFT Nodes can only be attached by their owners or delegated users, and detachment rights are shared among the node owner, delegatee, and GM NFT owner.
• Delegation Dynamics: Delegated nodes can only be attached by the delegatee. However, if the node becomes undelegated and the GM NFT owner is not the node owner, the GM NFT’s level resets.
• Node Transfers: When a node is transferred, it remains attached to the GM NFT until the new owner detaches it. However, the GM NFT’s level resets automatically, ensuring alignment with the new ownership structure.

These guidelines create a balance between individual control and ecosystem-wide consistency, encouraging active participation while maintaining transparency.

New Month, New Updates

With all that said and done — it’s time to explore! Head over to the official VeBetterDAO website to check out the new features and let us know your thoughts and feedback on social media!

For comprehensive details and technical specifications, check out the official whitepaper and be sure to follow our official X channel to stay updated!

About VeChain

Founded in 2015, VeChain built a world leading enterprise smart contract platform, VeChainThor, helping deliver blockchain adoption apps to hundreds of enterprise partners.

Building on this expertise, VeChain, in close partnership with Boston Consulting Group, launched the ‘Better’ ecosystem — comprised of sustainability apps that use tokenization and incentivization to reward users, businesses and other stakeholders for sustainable actions.

To learn more, including how you can build apps of your own, grants, documentation and more, visit vechain.org — or vebetter.com to explore.