Decentralization AI data liquidity network Vana announces the launch of the VRC-20 data token standards

On 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 transactions, build a liquidity-driven data economy market, and promote the real realization of DataFi.

In the first phase of Vana, rewards were primarily distributed directly to DataDAO through VANA Token to accelerate data on-chain. With the launch of VRC-20, rewards are no longer distributed directly, but instead flow into liquidity pools. DataDAO must issue tokens that comply with the VRC-20 standards to obtain liquidity support, further ensuring the tradability and liquidity of data tokens. In addition, incentives will no longer be limited to the top 16 of DataDAO; any DataDAO that meets the VRC-20 standards and integrates with the Vana ecosystem is eligible for liquidity support.

In addition, as a new way for the VANA community to generate income by ensuring data access uptime, data validator staking has replaced DataDAO staking, where participants no longer stake a single DataDAO, but instead stake data validators (trusted execution environments) to ensure secure and authorized access to data, and receive corresponding rewards.

At the same time, Vana launched several key initiatives, including the Vana Grow program, Data Market Makers (DMMs), and data buyers, to further support the sustainable development of the data economy.