VeChain is approaching a significant upgrade as it enters the Galactica phase of its Renaissance Plan.

The Vechain Galactica upgrade was thoroughly examined by third-party auditors NCC Group and Coinspect, who both praised its well-structured code and lack of serious vulnerabilities. Set to launch on July 1, the StarGate staking initiative will provide $VET holders with a bonus pool of 5.48 billion $VTHO. VeChain is on the verge of an important milestone with the upcoming launch of Galactica, which is the first phase in a trilogy within its extensive Renaissance roadmap. This update is described as the most significant set of technical and tokenomic enhancements for VeChainThor since its inception. Additionally, it has completed two third-party security audits successfully prior to launching on Devnet. The Galactica upgrade for VeChain has passed its testnet audit. The Galactica upgrade introduces four key VIPs: VIP-242 for compatibility with Ethereum Shanghai, VIP-250 for clause transparency, VIP-251 for a dynamic fee market, and VIP-252 for typed transactions. These high-profile individuals seek to enhance the blockchain infrastructure of VeChainThor, with security being the foremost concern for VeChain. The team stated, “When developing applications for the actual economy, ensuring security is the top priority.” NCC Group and Coinspect both performed code evaluations. According to VeChain’s announcement, “NCC Group reported no significant problems and commended the quality of the code.”