<ul data-eligibleForWebStory="false"><li>VeChain launched its $15 million StarGate staking program on July 1, offering increased rewards and accessibility for VET holders.</li><li>The update allows users to access higher rewards through direct staking on the VeChainThor blockchain, with a minimum entry requirement of 10,000 VET.</li><li>The VeChain Foundation allocated 5.48 billion VTHO tokens to fund bonus rewards, boosting Annual Percentage Yields (APYs) for participants in the program.</li><li>VeChain integrated Redeno's simulator tool to help users estimate staking returns by simulating various node configurations and VET amounts, allowing them to optimize their staking strategies.</li></ul>

VeChain CEO Breaks Down StarGate Staking and What It Means for Your VET Bag

Discover more