|
Getting your Trinity Audio player ready...
|
EVearn, a key initiative within VeChain’s expansive VeBetter platform, is set to implement significant upgrades to its reward distribution system, signaling a move towards a more sustainable and equitable model for its users. The platform, which leverages VeChain’s blockchain technology, incentivizes Tesla drivers to adopt eco-friendly charging habits by rewarding them with cryptocurrency.
Currently, EVearn distributes 1 B3TR token for every 1 kWh of charge. However, recent analysis has revealed that this fixed rate has led to the platform exceeding its weekly token allocation. In response, EVearn announced via X posts its decision to transition to a dynamic rewards model. This new system will see rewards fluctuate based on the weekly B3TR allocation and automatically adjust according to real-time user activity.
💬 Maximize your rewards!
— EVearn – Electrify Your Rewards (@EvearnB3TR) April 28, 2025
Want bigger rewards?
👉 Stake VET into EVearn directly from the app
👉 Vote for EVearn on VeBetterDAO
More support = higher B3TR allocations = bigger rewards! 🚀
Dynamic Rewards System to Ensure Fairer Distribution
Under the revamped system, EVearn will divide its weekly reward pool into hourly slots. This granular approach will allow for hourly adjustments to the reward distribution, directly reflecting the level of user engagement.
Consequently, users charging during periods of lower activity can expect to receive a higher reward rate, while the rate will moderate during peak times. This dynamic model aims to foster a fairer, more sustainable, and responsive reward mechanism for the entire EVearn community.
VeChain Ecosystem Bridges Crypto Rewards to Real-World Value
EVearn is an integral part of VeBetterDAO, VeChain’s broader ecosystem focused on empowering individuals and businesses to achieve their sustainability objectives through transparent and accountable reporting. Users earn B3TR tokens by engaging in environmentally conscious actions, such as charging at renewable energy stations, opting for off-peak charging, and sharing anonymized driving data. Importantly, the VeBetterDAO ecosystem is designed to make these rewards tangible.
Through the newly introduced Stella Pay Visa card, users can seamlessly convert their earned B3TR, VET, and VTHO tokens into real-world purchasing power at over 130 million Visa-accepting locations globally. This innovative integration eliminates the need for complex crypto exchange navigation, turning digital rewards into practical value.
Also Read: VeChain’s Hayabusa Upgrade: Discover How Much $VTHO You Can Earn via StarGate
VeChain’s Commitment to Sustainability Beyond EV Charging
VeChain’s commitment to sustainability extends beyond incentivizing EV charging. The recent partnership with 4ocean and the UFC Foundation in a Miami Beach cleanup project showcased the capabilities of Cleanify dApp, a decentralized application operating within the VeBetter ecosystem.
This initiative highlights VeChain‘s broader vision of leveraging blockchain technology to drive real-world environmental impact, ensuring transparency and preventing greenwashing. The evolution of EVearn’s reward system underscores VeChain’s dedication to creating a sustainable and equitable future, one eco-friendly action at a time.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
