VeBetterDAO

VeBetterDAO is a decentralized organization fostering sustainability through the B3TR token. VOT3 governs the DAO, allowing community-driven decisions.

VeBetterDAO is a decentralized autonomous organization (DAO) platform built on VechainThor that empowers its community through a suite of smart contracts designed for governance, incentive distribution, and asset management. The key components of the platform include:

  1. B3TR Token: The incentive ERC-20 token with a 1 billion cap, used within the ecosystem for rewards and governance.

  2. Governance System:

    • B3TRGovernor: Facilitates decentralized governance where any community member can create proposals. Proposals require a deposit of VOT3 tokens to become active, and successful proposals are executed via the TimeLock contract.

    • TimeLock: Ensures a time delay in the execution of governance decisions for security and transparency.

  3. Incentive Mechanisms:

    • Emissions: Manages the periodic distribution of B3TR tokens to various allocations including XAllocation, Vote2Earn, and Treasury.

    • VoterRewards: Rewards voters based on their voting power and Galaxy Member NFT level.

    • X2Earn Apps and Rewards: Supports x-2-earn applications by managing the insertion, management, and eligibility of apps for B3TR allocation rounds. Rewards users for sustainable actions within these apps through the X2EarnRewardsPool.

  4. User Privileges and Rewards:

    • GalaxyMember: An upgradeable NFT system that determines user privileges and B3TR token rewards based on the NFT level.

  5. Asset Management:

    • Treasury: Holds all DAO assets, including various ERC-20 and ERC-721 tokens. Asset transfers are governed by community proposals.

  6. Voting and Allocation:

    • XAllocationPool: Distributes weekly B3TR emissions for x2earn apps.

    • XAllocationVoting: Manages voting for x2Earn application support, using a "Quadratic Funding" formula to calculate voting power based on VOT3 holdings.

VeBetterDAO leverages these contracts to create a robust and democratic ecosystem where community members can actively participate in governance, earn rewards, and contribute to the platform's growth.

Resources

You can find the smart contracts repository at this GitHub url. Use that repo to generate ABIs and Typechain Types to interact with the contracts.

Read more about our smart contracts and what they do in the Smart Contracts section.

Contracts addresses

Contracts have been deployed on the vechain mainnet at the following addresses.

ContractAddress

B3TR

0x5ef79995FE8a89e0812330E4378eB2660ceDe699

B3TRGovernor

0x1c65C25fABe2fc1bCb82f253fA0C916a322f777C

Emissions

0xDf94739bd169C84fe6478D8420Bb807F1f47b135

GalaxyMember

0x93B8cD34A7Fc4f53271b9011161F7A2B5fEA9D1F

TimeLock

0x7B7EaF620d88E38782c6491D7Ce0B8D8cF3227e4

Treasury

0xD5903BCc66e439c753e525F8AF2FeC7be2429593

VOT3

0x76Ca782B59C74d088C7D2Cce2f211BC00836c602

VoterRewards

0x838A33AF756a6366f93e201423E1425f67eC0Fa7

X2EarnApps

0x8392B7CCc763dB03b47afcD8E8f5e24F9cf0554D

X2EarnRewardsPool

0x6Bee7DDab6c99d5B2Af0554EaEA484CE18F52631

XAllocationPool

0x4191776F05f4bE4848d3f4d587345078B439C7d3

XAllocationVoting

0x89A00Bb0947a30FF95BEeF77a66AEdE3842Fe5B7

NextB3TR & VOT3 Tokens

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