Vana announces its move to a liquidity-driven data market, launching VRC-20 standards and new DataDAO incentives

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On April 1st, according to official news, Vana announced the launch of the VRC-20 data token standard and new DataDAO incentive measures. Starting today, DataDAO will no longer receive automatic VANA emissions. This means that to obtain liquidity support, DataDAO must issue tokens compliant with the VRC-20 standard, ensuring fair, transparent, and secure transactions. (There are no longer "top 16" restrictions, and any compliant DataDAO can qualify.) Additionally, Vana also announced the launch of data validator staking and data access standards.

Vana stated that since the Vana mainnet went online 12 weeks ago, over 12 million data points have joined the Vana network, with multiple DataDAOs continuously generating active trades. The team believes that token incentive distribution alone is insufficient to build a sustainable and fully functional market. To truly prosper in the data economy, three pillars must be established, including liquidity, price discovery, and utility demand, which is the fundamental reason why Vana will transition to a liquidity-driven data market in its new phase.

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