Q1 2026 Burn Blog - EN

We just executed the first burn of the year and removed 60,000,000 VSN from existence. This reinforces our commitment to responsible supply management and the long-term health of the Vision economy.

Verify the transaction here

The Path to Community Governance

Community governance was always a fixture of the VSN token for us, but until now, the ecosystem has not been advanced enough for this to make sense. We are happy to announce that Q2 will see the first VSN governance vote take place. 

This transition from guided development to a co-governance model is essential. It will allow VSN holders to help steer the economic engine of the project, ensuring transparency and shared accountability.

We are working diligently to ensure that the infrastructure for this transition, which will be integrated directly into the DeFi Wallet and Bitpanda, is secure, fair, and ready for our community to take the lead.

How Voting Will Work

Community governance operates on a token-weighted system:

1 VSN = 1 Vote

This includes both staked and unstaked Vision held in your wallet or on Bitpanda.  The vote will take place as a fully transparent onchain snapshot vote through Snapshot. 

-) In the DeFi Wallet: A dedicated "Governance" integration will allow you to read the full proposal and cast your vote directly.

-) On Bitpanda, due to the limitations of the Broker Wallet, users will vote through a story in the Vision profile section. The votes will then be matched with the user holdings and the combined votes will then be cast by us on snapshot through proxy wallets.

Throughout the period, a real-time dashboard will show the distribution between "Yes" and "No" votes and the total participating power.

The Next Chapter of the Vision Ecosystem

The Q1 burn is more than an operational milestone; it is the starting signal for a transformative year. As we move through 2026, the focus shifts from foundational setup to active ecosystem expansion.

From Foundation-Led to Community-Powered, the upcoming Q2 governance vote is the first of many steps toward a decentralized future.

By enabling VSN holders to steer the economic engine, we are ensuring that the growth of the ecosystem is directly aligned with the interests of its participants.

Disclaimer

Without limitation to the foregoing, please note that certain statements contained in this document may constitute forward-looking statements or speak for future events or plans. No reliance should be placed on any such forward-looking statements or information. This article is for general information purposes only and does not constitute investment advice, nor is it an offer or invitation to purchase any digital assets. Furthermore, no representation or warranty, either expressed or implied, is made as to, and no reliance should be placed on the fairness, accuracy, completeness or correctness of this article or opinions contained herein.Investing in digital assets carries risks, crypto is volatile. In extreme cases, the invested amount may be lost completely. In no way is performance or results guaranteed. You should keep yourself informed and understand the risks involved in buying and holding digital assets.