Q3 2026 Burn & Community Q&A - EN
Q3 burn completed
The Vision Foundation completed the scheduled Q3 burn and removed 35,000,000 VSN from circulation. The burn was funded through collected fees and the treasury.
Combined with the ongoing buybacks, this burn keeps the token moving in the direction we set out: lower emissions, fewer tokens in circulation, and more focus on usage-based economics.
1. Roadmap evolution and priorities
Question
Has something changed regarding the priority selection on the Vision Wallet roadmap, and is the public roadmap still on track? Will there be major updates or unannounced features coming up?
Answer
The roadmap is still on track, but priorities have shifted.
The focus is now on three areas: UX optimisation, Vision Chain readiness, and new chain integrations. The future focus is on creating a complementary experience to the Bitpanda app, by adding valuable features and products that are unavailable there and making it easier to move between the platforms.
2. Tokenomics, sequencer economics and institutional RWA routing
Question
With the Q3 token burn, the €2M buyback, and the upcoming Vision Chain, how do you expect VSN’s utility and tokenomics to evolve once mainnet is live?
Answer
The core thesis remains the same: build a dedicated Layer 2 chain centered around tokenisation, with the compliance features needed to scale across Europe.
As mainnet goes live and chain usage grows, token usage and automated buybacks funded by sequencer revenues scale.
Question
Where is the €2M buyback being executed, when will reports be published, and what happens to the bought-back VSN after December 31, 2026?
Answer
The €2,000,000 buyback is being executed directly through Bitpanda. A full report will be published at the end of the programme rather than through monthly updates.
After December 31, 2026, the VSN acquired through the buyback will be held in the Vision Foundation Treasury. The community will be consulted through governance on how part of those tokens should be allocated, while the Foundation retains discretion over the remaining funds to meet its long-term obligations.
Question
With institutional crypto custody rolling out across major European banking partners, how directly is Bitpanda Enterprise tied to Vision Chain? Will institutional RWA transactions directly route through the VSN Paymaster from day one?
Answer
Bitpanda Enterprise serves as the B2B infrastructure engine for institutional partners, while Vision Chain provides the onchain settlement layer for tokenised RWAs.
Bitpanda Custody will natively support assets on Vision Chain from Day 1.
It is important to distinguish between institutional crypto custody and onchain RWA settlement: traditional crypto custody operates independently of Vision Chain, but the two platforms intersect when partners issue, manage, or settle tokenised RWAs onchain.
This integration is phased. Initial institutional flows may use Euro-denominated gas rails or native L2 fee mechanics for simplicity rather than routing through the $VSN Paymaster on Day 1. However, because all transactions on Vision Chain generate net sequencer revenue regardless of fee currency, a defined percentage of this net revenue, whether from institutional traffic, retail products, or external dApps - is routed to automated VSN buybacks to power the ecosystem value loop.
Question
Is the 10% net sequencer revenue buyback parameter subject to change? What share goes to Optimism, and are bought-back VSN automatically burned?
Answer
The 10% buyback allocation is the current baseline. There are no immediate plans to increase it, though it can be adjusted later as network economics evolve.
Vision Chain is built on the OP Stack and uses Optimism’s managed enterprise infrastructure, so 15% of net sequencer revenue (or 2.5% of gross revenue, whichever is higher) is routed to the Optimism Foundation. VSN acquired through the automated sequencer buyback mechanism is not automatically burned. It flows into the Vision Foundation Treasury, and future use, whether burns, staking rewards, developer grants or marketing, will be determined by the Foundation with community governance input.
3. Ecosystem integration and team evolution
Question
Does Vision have top priority at Bitpanda? Will Bitpanda users eventually be able to purchase assets issued on Vision Chain directly from the Bitpanda app?
Answer
Yes. Vision’s strategic importance has grown significantly, especially because of the momentum around tokenisation and RWAs, and it is one of the top initiatives inside Bitpanda.
Bitpanda will be a major distribution channel for assets issued on Vision Chain, giving users direct access to products built on the chain while Vision Chain provides the underlying settlement layer in the background.
Question
How do recent leadership changes affect the future of Vision and VSN?
Answer
Vision is built as a long-term ecosystem that is not dependent on any single individual or leadership structure.
Leadership changes can raise questions, but the internal commitment to Vision remains strong. Team changes are part of organisational growth, and the broader mission has not changed. Recent milestones and infrastructure work show that Vision and the wider ecosystem are still moving in the right direction.
Closing Thoughts
The Q3 burn is complete, and the execution of our scheduled €2M buyback program is well underway. Combined with the ongoing, automated sequencer buyback framework, the economic foundation of $VSN remains tied to real ecosystem activity.
At the same time, work across the Vision Wallet and wider infrastructure continues at full pace.
While onboarding happens in measured phases alongside regulatory and technical validation, our direction is unchanged: driving usage, expanding institutional participation, and building a sustainable, long-term value loop for $VSN across the entire product suite.
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.