VeChain Hayabusa upgrade goes live: full DPoS, new tokenomics, and MiCA compliance
(Originally posted on : VeChain News, Latest Stories & Analysis | Invezz )
VeChain, the blockchain platform renowned for its enterprise-grade solutions, officially launched its long-anticipated Hayabusa upgrade on December 2, 2025.
This upgrade marks a major evolution for the VeChainThor network, seeing that it introduces full Delegated Proof-of-Stake (DPoS), revamped tokenomics, and alignment with the European Union’s MiCA regulatory framework.
Full Delegated Proof-of-Stake empowers users
The most significant change in the Hayabusa upgrade is the network’s shift from a limited validator system to full DPoS.
Previously, only a small group of approved validators secured the blockchain.
Now, every VET holder can participate directly in network security by staking their tokens or delegating them to trusted validators.
This move democratizes control and strengthens network integrity.
Users, now called Delegators, influence which validators earn block-producing rights based on the amount of VET staked or delegated.
The rewards, previously concentrated among a few validators, are now distributed to all participants, creating a more inclusive and community-driven system.
The integration of the Stargate platform simplifies this process, offering an intuitive interface for staking, delegating, and monitoring network activity.
New VeChain tokenomics designed for long-term stability
Hayabusa introduces a dynamic rewards model that ties VTHO generation directly to staked VET.
This ensures that only active participants who contribute to network security receive rewards.
By adjusting VTHO issuance according to participation levels, VeChain reduces inflation and aligns incentives with network health.
The upgrade also leverages natural deflationary mechanisms.
As transaction activity increases, more VTHO is burned, supporting the token’s long-term value without inflating costs for users.
Additionally, the network’s new “Boost” function allows participants to accelerate staking NFT maturity using VTHO, which is fully burned in the process, adding further utility for the token while maintaining economic balance.
Beyond consensus and token economics, Hayabusa delivers significant technical enhancements.
A new Staker contract streamlines validator onboarding, delegation, and exit processes, while block finality becomes faster and gas fees are reduced.
Storage efficiency improvements and upgraded developer APIs create a more accessible environment for building and testing dApps.
Developers benefit from clearer error messages, full testnet mirroring, and enhanced admin tools, ensuring a robust foundation for long-term ecosystem growth.
Institutional support and regulatory alignment
The Hayabusa upgrade has received backing from major exchanges, including Binance, Coinbase, KuCoin, Crypto.com, and Revolut.
Particularly, Coinbase’s inclusion of VET in its Coinbase 50 index has increased visibility and trading activity, reflecting market confidence in the network’s evolution.
In parallel, VeChain’s alignment with the EU’s MiCA regulations provides comprehensive documentation for validator participation, token issuance, and holder rights.
This compliance is designed to facilitate institutional adoption across all 27 EU member states, offering regulated investors clarity and confidence in their engagement with the network.
Overall, VeChain’s Hayabusa upgrade represents a decisive step toward a more decentralised, economically sustainable, and user-focused blockchain.
By giving VET holders real influence over network security, tying rewards to active participation, and ensuring regulatory compliance, the upgrade positions VeChain as a leading platform for Web3 applications with practical, real-world utility.
Bitcoin 
Ethereum 
Tether 
XRP 
BNB 
Solana 
USDC 
TRON 
Lido Staked Ether 
Dogecoin 
Figure Heloc 
Cardano 
Bitcoin Cash 
Wrapped stETH 
WhiteBIT Coin 
Wrapped Beacon ETH 
Wrapped Bitcoin 
Monero 
Wrapped eETH 
USDS 
Chainlink 
Binance Bridged USDT (BNB Smart Chain) 
LEO Token 
WETH 
Stellar 
Coinbase Wrapped BTC 
Sui 
Ethena USDe 
Zcash 
Litecoin 
Avalanche 
Hyperliquid 
Canton 
Hedera 
Shiba Inu 
USDT0 
sUSDS 
World Liberty Financial 
Dai 
Toncoin 
Cronos 
Ethena Staked USDe 
PayPal USD 
USD1 
Uniswap 
Polkadot 
Mantle 
Rain 
MemeCore 
Bittensor 
Aave 
Bitget Token 
Pepe 
Tether Gold 
OKB 
Falcon USD 
NEAR Protocol 
Jito Staked SOL 
Ethereum Classic 
Binance-Peg WETH 
Ethena 
Pi Network 
BlackRock USD Institutional Digital Liquidity Fund 
PAX Gold 
POL (ex-MATIC) 
Internet Computer 
Aster 
HTX DAO 
Jupiter Perpetuals Liquidity Provider Token 
Circle USYC 
Global Dollar 
Worldcoin 
Binance Staked SOL 
KuCoin 
Pump.fun 
syrupUSDC 
Ripple USD 
Provenance Blockchain 
Sky 
Render 
Aptos 
BFUSD 
Wrapped BNB 
Binance Bridged USDC (BNB Smart Chain) 
Rocket Pool ETH 
Cosmos Hub 
Ondo 
Kaspa 
Gate 
Midnight 
Algorand 
Arbitrum 
Kelp DAO Restaked ETH 
Official Trump 
MYX Finance 
Filecoin 
Bridged Wrapped Lido Staked Ether (Scroll) 
Lombard Staked BTC 
Function FBTC 
Solv Protocol BTC