Welcome to last week’s news and stories from March 17th to March 24th!
This was a news-heavy week! Things truly are moving in the DAO. 🔗 Have I missed something? Ping @ReheatVet on X.
ScoopUp shares exciting round 38 updates on VeBetterDAO
@ScoopUp just gave us a peek into their round 37 wins on VeBetterDAO, and I’m impressed —they’ve cut bad traffic by 60% with their “Know Your Dog” (KYD) system and even added social logins for easier access. They’ve also got cool stuff coming, like in-app staking and dynamic rewards
Rewards were updated for round 38 - for round 39 (the round starting March 24th) they have again changed the rewards to the following:
- Rewards Increasing from 6 B3TR to 8 B3TR per Scoop. Daily max (4) and Weekly Max (24) remain unchanged.
Further, they are aware of camera issues with Android users and are working diligently to get a backup camera option implemented as soon as possible. They’re also changing their KYD process to be invite codes only. They say this will help further weed out bad actor/farmer submissions and help them target users outside of the VeChain ecosystem, as they feel they have saturated the current VeFam.
Those that would like an invite code can reach out to them via X (https://x.com/ScoopUp_vet)
Source: https://x.com/ScoopUp_vet/status/1901444556106948691 & https://x.com/ScoopUp_vet/status/1904055250962800940
Solarwise teases new farms and updates their dApp
@TheSolarwise next farms (yes, plural!) are teased. Are you tuned into their socials yet?
They have also updated their dApp for an even smoother experience - adding flexible stake & unstake of any number of NFTs and social logins with the Vechain-Kit integration.
Source: https://x.com/TheSolarWise/status/1903007789229756426 & https://x.com/TheSolarWise/status/1901595433455030343
VeStation enters the VeBetterDAO
Within just a few hours, @VeStation_ was endorsed into the DAO. This week they received their first allocation.
Similar to the VeB3tr staking pool, VeStation allows users to stake their B3TR and voting through a shared pool while benefitting from their GM NFT bonus.
It is important to note that voting in this way significantly reduces your voting power in the governance process of the DAO so considerations always have to be made.
Source: x.com/VeStation_/status/1901604437132742810
Bettermode is looking for endorsements
The team behind BetterBag & VeRecycle listed @BetterMode_Vet for endorsements this week. Their new dApp incentivizes users to use the eco-mode on their dishwasher or washing machine with B3TR rewards, while employing the same (very effective) anti-farming measures from their other dApps.
They are currently sitting at 24/100 endorsement points so we will see if they make it in this round!
Source: https://twitter.com/BetterBag_vet/status/1902724447997452685
bettermode betterbag verecycle
EcoMeal starts rewarding for Better Actions
@ecomeal_vet has gone live with their first week with rewards this round. They quickly were attacked by farmers, bots and other bad actors but following community feedback and internal analytics they quickly disabled their rewards. After just a few days, rewards were back online and security measures were in place. Good work!
Source: https://twitter.com/ecomeal_vet/status/1901582863843447286
The Stable Coin Glodollar joins the DAO
@glodollar is officially live on vechain. Glo Dollar is a stable coin tied to the US dollar - for every 1 backing it off-chain. That means you can finally swap from B3TR, VET or VTHO to a token that has significantly lower volatility. Plus, all profits they make go back into the VeBetterDAO treasury!
In the space from @vechainofficial some further details were teased - this launch is just phase 1. Further announcements will come. Users can join the DAO through the new privy integration for social logins - this could be a way for users to get their rewards out in a ‘web2’ friendly way. A month or two and we should know more!
Source: https://twitter.com/glodollar/status/1901999577735078023
VeLottery updates their ticket structure and gets endorsed
@Ve_lottery has received feedback about their sustainability angle for their new dApp. They have therefore announced updates to it - for every Better Action you complete in the VeBetterDAO, you will be able to claim tickets to enter the lottery with. A great way to incentivize users to engage with dApps across the DAO!
Shortly after announcing this they were successfully endorsed into the DAO. Users will be able to vote for them starting round 39 with the first lottery with VeBetterDAO allocations starting on round 40 - March 31st.
Here are the rules to play:
- The wallet needs to have voted.
- Needs to have used at least two different apps.
- cannot be signaled by any dApp.
- 1 sustainable action = 1 claimable ticket
- Maximum of 10 claimable tickets 6. Claimable tickets are based on the previous weeks data. (So this week matters for next weeks lottery! )
Source: https://twitter.com/Ve_lottery/status/1902096870115037431 & https://twitter.com/Ve_lottery/status/1902266781311393871
PowerUp is listed on the DAO - looking for endorsements
Another new dApp is listed this week. Their goal is to incentivize users to reduce energy, water and gas usage by competing with other users on a leaderboard. With no social account or announcement from the team found it’s hard to say what their plans are beyond that.
Source: https://twitter.com/Crummatoast_/status/1902133512699834416
VechainNewsNetwork covers airdrop scam
Plenty of community members from Vefam have gotten an airdropped NFT sent to their wallet.
This NFT redirects users to a fake VebetterDAO website, trying to get users to unknowingly sign away all funds, NFTs and other assets to the scammer.
One community member was unfortunately hit with this scam successfully. @VechainNN covers his story in a detailed, must-watch interview: https://www.youtube.com/watch?v=d7AQJYjEAu0
Source: https://twitter.com/VeChainNN/status/1902433129047961989
Greencart ends partnership with Letstop
@Greencart_vet has been partnered with @LETST0P for a couple of weeks. In a quick turnaround, Greencart suddenly ended the partnership with immediate effect.
While the exact details have not been publicly revealed, the sudden shift suggests that something changed or was revealed behind the scenes. LETSTOP says they have achieved ‘sufficient results’ from the partnership (https://x.com/LETST0P/status/1902756367238095235) but nothing detailed has been announced.
Source: https://twitter.com/greencart_vet/status/1902738919852056849
Vechain introduces the Mars GM NFT
Shortly after launching their Venus GM NFT, @vechainofficial launches the Mars GM NFT with B3TR rewards being boosted by 2x! If you hold a Mjolnir or ThunderX node, you can upgrade for free. If not, it will cost you 100’000 B3TR in a treasury donation. Better get out there and work for your rewards!
Source: https://twitter.com/vechainofficial/status/1902737228477911489
LETSTOP loses endorsements
After Greencart ended the partnership agreement with @LETST0P they suffered more community backlash surrounding concerns with bots activity, inability to work in the US, hard-to-redeem rewards, and more. They subsequently lost their endorsement status by a node-holder removing 100 points.
They are currently in grace period and will need to be re-endorsed before round 41 in order to keep receiving allocations.
Nubila enters the DAO
@nubilanetwork joins the VeBetterDAO and is endorsed within hours by the same node holder that unendorsed LETSTOP.
While they have not announced anything yet, their rewards structure seems to be around selling weather stations and collecting the data on the blockchain. By integrating their network of weather stations with the VeBetterDAO they can reward users with B3TR for their data. Hopefully an announcement from them is posted soon seeing as they can soon be voted for in the governance process.
VeChain revamps the VeBetter website
VeBetterDAO introduced a new website, enhancing accessibility to its DAO governance system. With a fresh new look, B3MO (the Better Guide) gets a prominent placement and guides users through the platform. In the future, B3MO will evolve into an AI companion that will answer user’s questions, provide tips on maximizing rewards, and offer insights about sustainable actions.
Source: https://twitter.com/vechainofficial/status/1902371514252435502
TurtleLabs donates to a remote small school
@TurtleLabsV has been exploring ways to sustainably give back to society through their DEFI platform. This week, they have donated a small HP office printer to a small school serving students in a very remote area of Lucmapampa in Peru.
How remote? 6+ hours from Cusco by a mix of paved and dirt roads. Located in the cloud forest, with frequent rain, mist, and challenging weather conditions.
They even received a heartwarming video as a thank you from the community. Watch it in the source below 👇
Source: https://twitter.com/TurtleLabsV/status/1902302363500548412
Betterswap passes Hacken’s smart contract audit
@MyVechain, the leading DEX on VeChain, has announced that @hackenclub has performed a security diff check on their DEX and BVET smart contracts - finding no security vulnerabilities. Great work crew!
Source: https://twitter.com/MyVechain/status/1903414571542446144
VeMeal and H2Optimize withdraws their unused allocation
In a series of tweets from yours truly, I analyze the transactions from @VeMealVet and @H2Optimize and break down how they withdrew their unused allocation from their treasuries to the team’s wallets.
VeMeal responds saying they will use the funds to reward users fairly while fighting the farmers they have had issues with. We will see what happens.
Source: https://x.com/ReheatVet/status/1903890213518348332 & https://x.com/ReheatVet/status/1904104592637337946
That’s a wrap, folks
Important
As always, the ⭐ Getting Started with dApps has been updated with the recent changes.
Thanks for this week, onto the next one!
/Reheat