[PRESS RELEASE – GEORGE TOWN, Cayman Islands, September 29th, 2026] Network fees from personal data reads now fund staking rewards, buybacks and ecosystem development under a fixed protocol split; public dashboard launches at token.vana.org The Vana Foundation today announced that expanded staking as part of the Vega upgrade to the Vana network is complete and published the paper “VANA: The Asset Behind an Open Data Economy”, which sets out the VANA token economics. A public dashboard at token.vana.org reports network reads, fee income, buybacks, burns and token supply, with the on-chain record behind each figure. Vana is a network for moving personal data under the permission of the person it belongs to. Under the network’s fee model, an application that reads a person’s data with a granted permission pays one cent per scope read. Fees are allocated by protocol rule: 60 per cent to stakers through staking pools, 20 per cent to the purchase and burn of VANA, and 20 per cent to ecosystem development. Each buyback and burn is published with its transaction hash. With expanded staking, staking runs through three staking pools, each with a 5 per cent operator commission. Staking reward...
Vana Completes Expanded Staking as Part of the Vega Upgrade, Publishes Expanded VANA Token Economics
1 month ago
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