Some notable validator additions on VeChain recently 🔎💹
A validator from Binance and four from Bitvavo, each staking the maximum 600M
$VET, have joined
A few things this impacts:
- In the past 2 weeks we've noted a ~9% increase in VTHO generation. Since VTHO output scales with total staked VET, all node holders benefit. We’re already seeing a lift in staking APY, particularly for X-Nodes.
- Exchanges choosing to run validators shows they consider the
$VET staking secure and attractive
- It also opens the door for native VET staking on exchanges, making yield accessible to users who don’t want to manage their own wallets.
All in all: good news for
$VET stakers - curious to see if we'll see more exchanges join in the future!