Vana Foundation said it has completed extended staking as part of the Vana network’s Vega upgrade and released a paper outlining the tokenomics of VANA, titled VANA: The Asset Behind an Open Data Economy. The foundation also launched a public dashboard at token.vana.org that tracks network reads, fee revenue, buybacks and burns, and token supply, with each data point backed by on-chain records.
Vana describes itself as a network that moves personal data with the permission of data owners. Under its fee model, applications pay $0.01 each time they read a unit of personal data within an approved permission scope. Those fees are split by protocol rules: 60% goes to stakers through staking pools, 20% is used to buy back and burn VANA, and 20% is allocated to ecosystem development. The foundation said every buyback-and-burn event will have its transaction hash disclosed.
Following the expanded staking rollout, users can now stake through three pools, each charging a 5% operator commission. Staking rewards come from network fees, accrue to staking positions, and can be claimed at any time. Existing staking positions must be moved in a single transaction through stake.vana.org into one of the three pools before midnight UTC on Oct. 31, 2026, or they will stop earning rewards.
Vana Foundation said extended staking has been completed as part of the Vana network’s Vega upgrade, and it has released a paper detailing the tokenomics of VANA, titled VANA: The Asset Behind an Open Data Economy.
The foundation also launched a public dashboard at token.vana.org showing network reads, fee revenue, buybacks and burns, and token supply. It said each metric on the dashboard is supported by on-chain records.
Fee model and token allocation
Vana describes itself as a network that moves personal data with the permission of data owners. Under its fee model, an application pays $0.01 each time it reads one item of personal data within an authorized scope.
Protocol rules split that fee in three parts:
- 60% is distributed to stakers through staking pools;
- 20% is used to buy back and burn VANA;
- 20% is allocated to ecosystem development.
Vana said the transaction hash for each buyback and burn will be disclosed.
What changes after extended staking
After the rollout, users can stake through three staking pools, with each pool charging a 5% operator commission. Staking rewards come from network fees, accrue to staking positions, and can be claimed at any time.
Existing staking positions must be moved through a single transaction at stake.vana.org into one of the three pools before midnight UTC on Oct. 31, 2026. Otherwise, those positions will no longer earn rewards.
The item was cited by Techub from CryptoPotato.
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