jesse.base.eth
RT @ethermage: veVIRTUAL is here

1. Creates a longer term aligned community
2. Solves whale wallet hopping
3. Decay weights mechanism ensures that believoors have more say then tourists in governance decisions
4. Concentrates Santa gifts to believoors

All you folks who came to us saying you held $VIRTUAL for 8 months, where are the rewards. It is time.

Virgenity.

Genesis Update: Staking $VIRTUAL Is Now Live

By locking $VIRTUAL, users receive veVIRTUAL, the vote-escrowed version of the token that represents long-term alignment, deeper protocol utility, and future governance power.

Starting today, 20% of all Virgen Points will be distributed to veVIRTUAL holders, replacing the previous system where points were earned by simply holding $VIRTUAL, and marking a major shift in how participation is rewarded across the Virtuals ecosystem.

Why this matters:

- 20% of total Virgen Point emissions are now reserved for veVIRTUAL holders
- veVIRTUAL unlocks eligibility for Genesis Airdrops
- Onchain governance is coming, and veVIRTUAL will serve as the foundation for voting power (If you know, you know)

How it works:

- Stake $VIRTUAL to receive veVIRTUAL
- veVIRTUAL amount is based on how much and how long you lock (up to 2 years)
- veVIRTUAL decays linearly over time until unlock
- Enable Auto Max-Lock to receive the maximum multiplier (1:1) for the full 2-year duration

Note:
Users who stake within 24 hours of this post will be eligible for a massive surprise to be announced tomorrow. (DO IT)

This is a transition from passive holding to active contribution. Long-term commitment will define who earns, governs, and shapes what comes next.

Stake Now: https://t.co/F4cfLK58dz - Virtuals Protocol
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