TechFlow news, April 1 — Vana, a decentralized AI data liquidity network, announced the launch of the VRC-20 data token standard, aiming to ensure fair and transparent data token trading, build a liquidity-driven data economy market, and advance the realization of DataFi.
Previously in Vana's first phase, rewards were primarily distributed directly in VANA tokens to DataDAOs to accelerate data onboarding onto the blockchain. With the introduction of VRC-20, rewards will no longer be distributed directly but will instead flow into liquidity pools. DataDAOs must now issue tokens compliant with the VRC-20 standard to receive liquidity support, further ensuring the tradability and liquidity of data tokens. Additionally, incentives will no longer be limited to the top 16 DataDAOs—any DataDAO that complies with the VRC-20 standard and integrates with the Vana ecosystem becomes eligible for liquidity support.
Furthermore, as a new way for the VANA community to earn revenue by ensuring data access uptime, data validator staking has replaced DataDAO staking. Participants now stake data validators (trusted execution environments) rather than individual DataDAOs, ensuring secure and permissioned data access and receiving corresponding rewards.
At the same time, Vana has launched several key initiatives including the Vana Grow Program, Data Market Makers (DMMs), and data buyers, further supporting the sustainable development of the data economy.
