| description |
|---|
VeBetter is a decentralized autonomous organization (DAO) fostering sustainability through the B3TR token. VOT3 governs the DAO, allowing community-driven decisions. |
VeBetter 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
VOT3tokens to become active, and successful proposals are executed via theTimeLockcontract. - TimeLock: Ensures a time delay in the execution of governance decisions for security and transparency.
- B3TRGovernor: Facilitates decentralized governance where any community member can create proposals. Proposals require a deposit of
- Incentive Mechanisms:
- Emissions: Manages the periodic distribution of
B3TRtokens to various allocations includingXAllocation,Vote2Earn, and Treasury. - VoterRewards: Rewards voters based on their voting power and
Galaxy MemberNFT level. - X2Earn Apps and Rewards: Supports x-2-earn applications by managing the insertion, management, and eligibility of apps for
B3TRallocation rounds. Rewards users for sustainable actions within these apps through theX2EarnRewardsPool.
- Emissions: Manages the periodic distribution of
- User Privileges and Rewards:
- GalaxyMember: An upgradeable NFT system that determines user privileges and
B3TRtoken rewards based on the NFT level.
- GalaxyMember: An upgradeable NFT system that determines user privileges and
- 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
B3TRemissions for x2earn apps. - XAllocationVoting: Manages voting for x2Earn application support, using a "Quadratic Funding" formula to calculate voting power based on
VOT3holdings.
- XAllocationPool: Distributes weekly
VeBetter 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 |
| X2EarnCreator | 0xe8e96a768ffd00417d4bd985bec9EcfC6F732a7f |
| NodeManagement | 0xB0EF9D89C6b49CbA6BBF86Bf2FDf0Eee4968c6AB |
| GrantsManager | 0x055d20914657834c914d7c44bf65b566ab4b45a2 |
| Dynamic Base Allocations Pool | 0x98c1d097c39969bb5de754266f60d22bd105b368 |
| Relayers Rewards Pool (Auto-voting) | 0x34b56f892c9e977b9ba2e43ba64c27d368ab3c86 |