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Virtuals Protocol Introduces Genesis Three-tier Staking Mechanism to Achieve Balance Between Demand and Fairness
Summary: In a recent announcement, Virtuals Protocol revealed an upgrade to its Genesis model, introducing three staking tiers requiring 21,000, 42,000, and 100,000 VIRTUAL tokens respectively, aimed at achieving a balance between demand and fairness. Under the new mechanism, 7% of token supply will be allocated to the community, 6% for liquidity provision, and 2% distributed ...
In a recent announcement, Virtuals Protocol revealed an upgrade to its Genesis model, introducing three staking tiers requiring 21,000, 42,000, and 100,000 VIRTUAL tokens respectively, aimed at achieving a balance between demand and fairness. Under the new mechanism, 7% of token supply will be allocated to the community, 6% for liquidity provision, and 2% distributed to veVIRTUAL holders, totaling a circulating supply of 15%. Virtuals Protocol stated that this mechanism ensures that tokens have structural value from day one, helping attract high-quality developers and projects to participate in ecosystem development.
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Link: Virtuals Protocol Introduces Genesis Three-tier Staking Mechanism to Achieve Balance Between Demand and Fairness [Copy]
