VeBetterDAO
VeBetterDAO is a decentralized organization fostering sustainability through the B3TR token. VOT3 governs the DAO, allowing community-driven decisions.
Last updated
VeBetterDAO is a decentralized organization fostering sustainability through the B3TR token. VOT3 governs the DAO, allowing community-driven decisions.
Last updated
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:
B3TR Token: The incentive ERC-20 token with a 1 billion cap, used within the ecosystem for rewards and governance.
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.
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.
User Privileges and Rewards:
GalaxyMember: An upgradeable NFT system that determines user privileges and B3TR token rewards based on the NFT level.
Asset Management:
Treasury: Holds all DAO assets, including various ERC-20 and ERC-721 tokens. Asset transfers are governed by community proposals.
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.
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 have been deployed on the vechain mainnet at the following addresses.
| Contract | Address |
|---|---|
B3TR | 0x5ef79995FE8a89e0812330E4378eB2660ceDe699 |
B3TRGovernor | 0x1c65C25fABe2fc1bCb82f253fA0C916a322f777C |
Emissions | 0xDf94739bd169C84fe6478D8420Bb807F1f47b135 |
GalaxyMember | 0x93B8cD34A7Fc4f53271b9011161F7A2B5fEA9D1F |
TimeLock | 0x7B7EaF620d88E38782c6491D7Ce0B8D8cF3227e4 |
Treasury | 0xD5903BCc66e439c753e525F8AF2FeC7be2429593 |
VOT3 | 0x76Ca782B59C74d088C7D2Cce2f211BC00836c602 |
VoterRewards | 0x838A33AF756a6366f93e201423E1425f67eC0Fa7 |
X2EarnApps | 0x8392B7CCc763dB03b47afcD8E8f5e24F9cf0554D |
X2EarnRewardsPool | 0x6Bee7DDab6c99d5B2Af0554EaEA484CE18F52631 |
XAllocationPool | 0x4191776F05f4bE4848d3f4d587345078B439C7d3 |
XAllocationVoting | 0x89A00Bb0947a30FF95BEeF77a66AEdE3842Fe5B7 |
VeBetter Passport | 0x35a267671d8EDD607B2056A9a13E7ba7CF53c8b3 |
