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Virtuals Protocol launches governance portal, addresses holding at least 0.1% veVIRTUAL total can create proposals
Summary: In a recent announcement, Virtuals Protocol stated that its governance portal is now live, allowing any wallet holding at least 0.1% of the total veVIRTUAL to create proposals. Once submitted, proposals will enter a 72-hour discussion window for public review and comments, with voting disabled during this stage. After the window closes, the protocol will ...
In a recent announcement, Virtuals Protocol stated that its governance portal is now live, allowing any wallet holding at least 0.1% of the total veVIRTUAL to create proposals. Once submitted, proposals will enter a 72-hour discussion window for public review and comments, with voting disabled during this stage. After the window closes, the protocol will take a snapshot of all veVIRTUAL balances, permanently locking each wallet's voting rights on the proposal. Voting will then last for 72 hours, with Virgens able to vote directly on-chain in favor or against. For the vote to be valid, at least 25% of veVIRTUAL members must participate in the voting process.
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Link: Virtuals Protocol launches governance portal, addresses holding at least 0.1% veVIRTUAL total can create proposals [Copy]
