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Cycle 3 Changelog

January 26th, 2025

Below is a concise Cycle 3 Changelog, reflecting the three new VRCs — VRC-8, VRC-10, and VRC-11 — now in effect from 01/27. Each brings critical updates to time-weighted rewards, data integrity checks, and unified APY that impact both stakers and DataDAO creators.


VRC-8: Time-Weighted Rewards

  1. Why:
    1. Eliminate last-minute “stake-and-dump” exploits, encourage consistent participation, and ensure that both stakers and DataDAOs are rewarded proportionally to the duration of their contributions.
  2. What:
    1. Stakers: Rewards scale based on days staked under 21 days (e.g., 10 days = 10/21×). Past 21 days, established multipliers kick in (1.5× by Day 42, up to 3× by Day 84).
    2. Creators (DataDAO Scoring): The total staked amount only counts fully if stakers have been in for at least 21 days. Short-term stakes are discounted, benefiting DataDAOs that foster long-term engagement.

VRC-10: DataDAO Verification & Integrity Standards

  • Why:
    • Safeguard the ecosystem from fraudulent activity, ensure high-quality data contributions, and maintain community trust.
  • What:
    • De-Verification: DataDAOs caught in bot usage, Sybil attacks, or malicious practices can be de-verified—losing eligibility for rewards until issues are resolved.
    • Data Audits: Random checks of data submissions to verify authenticity; flagged issues must be addressed to regain “verified” status.

VRC-11: DataDAO Rewards Evolution

  • Why:
    • Refine reward distributions and improve user experience, aligning incentives with meaningful contributions.
  • What:
    • Unified APY: All DataDAOs share the same APY for stakers, letting you stake in the DataDAO you truly believe in
      • From APR to APY: Datahub now shows APY with auto-compounding of rewards, showing a higher percentage to reflect real growth over time.
    • No 7-Day Unstaking Delay: Feel free to move your $VANA stake at any time, with rewards still weighted by how long you’ve been staked.
    • Removal of the Sublinear Formula: The older sublinear distribution for rewards is replaced by a simpler linear approach, making it more transparent and fair for DataDAO creators.
    • Custodial Management of Creator Rewards: The Vana Foundation temporarily holds creators’ allocations, deploying them strategically to help grow each DataDAO’s marketplace and network presence.
      • Major Impact: This ensures rewards aren’t claimed and abandoned; they’re actively used to stimulate robust DataDAO ecosystems.
    • Removed Unique-Contributor Weighting: Rewards for creators and stakers are now 100% stake-based, preventing the creation of shallow, high-contributor-count DataDAOs.