Vana completes Vega upgrade staking expansion, releases token economics paper

Network fees from personal data reads now fund staking rewards, buybacks and ecosystem development under a fixed protocol split; a public dashboard is live at token.vana.org.

The Vana Foundation announced today the completion of expanded staking as part of the Vega upgrade to the Vana network, alongside the publication of the paper “VANA: The Asset Behind an Open Data Economy”, which details the VANA token economics. A dashboard at token.vana.org reports network reads, fee income, buybacks, burns and token supply, with each figure backed by on-chain records.

Vana is a network that moves personal data only with the permission of its owner. The network’s fee model charges one cent per scope read when an application accesses a person’s data with granted permission. Fees are distributed by protocol rule: 60% to stakers through staking pools, 20% to the purchase and burn of VANA, and 20% to ecosystem development. Each buyback and burn is recorded with its transaction hash.

With expanded staking, staking now operates through three pools, each with a 5% operator commission. Staking rewards are paid from network fees, accrue to the staked position, and can be claimed as they accrue. Existing staked positions can be moved into one of the three pools in a single transaction at stake.vana.org by midnight UTC on 31 October 2026. Principal can be withdrawn at any time with no deadline. After 31 October, any position that has not been moved will no longer earn rewards.

Art Abal, Managing Director of the Vana Foundation, said: “Every read of a person’s data on the network is a paid transaction, and the fees pay the node operators and stakers who make that movement possible. The split is written into the protocol, and every figure is published on chain.”

As of 28 September 2026, applications on the network have generated 2,937,447 verified reads.

The total VANA supply and release schedules remain unchanged.

The paper “VANA: The Asset Behind an Open Data Economy” and the whitepaper addendum “The Vega Upgrade: Data Portability and Transformations” are available at token.vana.org.

About Vana

Vana is an open network for personal data portability. Its Personal Data Portability Protocol was contributed to Linux Foundation Decentralized Trust as a Community Specification. More at vana.org.

About the Vana Foundation

The Vana Foundation is a non-profit that supports the development and adoption of the Vana network and is a member of Linux Foundation Decentralized Trust.

About OpenDataLabs

OpenDataLabs builds and operates the products that governments and industry run on the Vana network. Visit www.opendatalabs.com.

This release is for information only and does not constitute an offer or solicitation to buy or sell any token or security.