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Vana announced that it will shift to a liquidity-driven data market, launching the VRC-20 standard and new incentives for DataDAO.
BlockBeats News: On April 1, according to official news, Vana announced the launch of the VRC-20 data token standard, as well as new DataDAO incentives. Starting today, DataDAO will no longer receive automatic VANA emissions. This means that to be backed by liquidity, DataDAO must issue VRC-20 compliant tokens, ensuring fair, transparent, and secure transactions. (There is no longer a "top 16" limit, any compliant DataDAO can qualify). In addition, Vana also announced the launch of data validator staking as well as data access standards. Vana said that since the launch of the Vana mainnet 12 weeks ago, more than 12 million data points have joined the Vana network, and multiple DataDAOs continue to generate active transactions. The team believes that token incentives alone are not enough to build a sustainable, functioning market. For the data economy to truly thrive, three pillars must be established: liquidity, price discovery, and utility demand, which is the fundamental reason why Vana will shift to a liquidity-driven data market in the next phase.