On May 14th, the AI agency platform Virtuals Protocol announced on social media that the VIRTUAL staking feature is now live. By locking VIRTUAL, users will receive veVIRTUAL, which is the voting custody version of the token, representing long-term collaboration, deeper utility of the protocol, and future governance power. Starting today, 20% of all Virgen Points will be allocated to veVIRTUAL holders, replacing the previous mechanism where simply holding VIRTUAL would earn points, marking a shift in the participation rewards method within the Virtuals ecosystem.
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Virtuals Protocol has launched the VIRTUAL stake feature
On May 14th, the AI agency platform Virtuals Protocol announced on social media that the VIRTUAL staking feature is now live. By locking VIRTUAL, users will receive veVIRTUAL, which is the voting custody version of the token, representing long-term collaboration, deeper utility of the protocol, and future governance power. Starting today, 20% of all Virgen Points will be allocated to veVIRTUAL holders, replacing the previous mechanism where simply holding VIRTUAL would earn points, marking a shift in the participation rewards method within the Virtuals ecosystem.