news 
Title: VeChain Activates Galactica Upgrade and StarGate Staking—Dynamic Fees and Tokenomics Overhaul Begin
VeChain has finally launched its Galactica upgrade, marking the beginning of a new era for the blockchain. The company has announced that it will suspend deposits and withdrawals of VET and VTHO tokens starting from July 1, 2025, at 11:00 UTC, to ensure a smooth transition and optimal user experience during this period.
The Galactica upgrade is the first phase of VeChain’s Renaissance roadmap, a multi-phase update designed to transform the VeChainThor blockchain. This upgrade has already introduced several key features, including Shanghai EVM compatibility, a dynamic fee market, and an improved user experience.
The next step in this roadmap is the StarGate staking mechanism, which has now entered its bootstrapping phase. The introduction of NFT-based staking rewards for VTHO will allow users to earn rewards while staking their VET tokens through the StarGate upgrade.
This new approach aims to encourage long-term commitment and deeper community participation by migrating Economic Node and X-Node holdings into a revamped NFT-based framework. The upgraded protocol ensures that validators can stake up to 600 million VET, a significant increase from the previous limit of 25 million VET.
Moreover, VeChain’s StarGate upgrade will also introduce dynamic fees for users.
Source: www.crypto-news-flash.com
