- VIRTUAL staking introduces new governance and reward structures.
- 20% Virgen Points rerouted to veVIRTUAL holders.
- Early adopters receive additional rewards within 24 hours.
The launch of Virtuals Protocol’s staking feature marks a major development in its governance and reward mechanisms. The feature was officially introduced on May 14, 2025.
This launch is vital as it transforms the protocol’s tokenomics, providing more influence to stakeholders and altering reward distributions. It aims to encourage long-term commitment and participation.
Virtuals Protocol has introduced a new staking mechanism, allowing users to lock their $VIRTUAL tokens to receive veVIRTUAL. This update is part of the protocol’s broader ecosystem adjustments, dedicating 20% of Virgen Points to veVIRTUAL holders.
The staking feature enables users to lock tokens up to two years, with rewards proportional to the staked amount and lock duration. Additional rewards await early adopters staking in the first 24 hours, enhancing user engagement.
The new staking approach impacts holders significantly, aligning long-term interests and minimizing token churn. As stated by the Virtuals Protocol Team:
“The introduction of veVIRTUAL is designed to align long-term incentives and reduce token churn, giving holders more influence, more rewards, and a stronger stake in the future of the ecosystem.”
This adjustment aims to grant holders greater say in the ecosystem’s direction, reducing short-term speculation.
The model reflects a broader industry trend towards community-driven governance models, similar to those utilized by Curve Finance. It enhances user roles in decision-making processes, fostering a deeper commitment across the board. Virtuals Protocol launches VIRTUAL token staking for governance and rewards.
Future governance power vested through veVIRTUAL could reshape protocol management dynamically. Historical precedents suggest such evolutionary staking models often bolster protocol sustainability and investor confidence.
About the author
Gemini and Coinbase Secure EU Licenses Under MiCA
Gemini and Coinbase are finalizing EU-wide licenses under MiCA, expanding their market reach significantly.
Bitcoin Dips Below $105,000 Amid Market Volatility
Bitcoin exhibits continued market volatility as it falls below $105,000, affecting other major cryptocurrencies like Ethereum and Ripple.
Manifold Allegedly Acquires $2M in CRV Tokens via Binance
Manifold, a quantitative investment firm, is suspected of purchasing $2 million in Curve DAO Tokens (CRV) via Binance, highlighting growing institutional interest in DeFi.
Whale Purchases $10M ETH After Profitable Trading
An unidentified whale acquired $10 million worth of Ethereum, suggesting continued investment and significant market strategies.
Monero’s Recent Price Surge and Key Market Dynamics
Monero's price surged by 86% in June 2025, significantly outperforming Bitcoin, highlighting trends in the privacy coin market.
Monero’s Bullish Momentum Sustains Amidst Market Corrections
Monero sustains bullish momentum despite price corrections, highlighting its privacy strength and market resilience.
Related
Gemini and Coinbase Secure EU Licenses Under MiCA
Gemini and Coinbase are finalizing EU-wide licenses under MiCA, expanding their market reach significantly.
Bitcoin Dips Below $105,000 Amid Market Volatility
Bitcoin exhibits continued market volatility as it falls below $105,000, affecting other major cryptocurrencies like Ethereum and Ripple.
Which is Top Crypto to Buy Now: Toncoin, Dogecoin, or BlockDAG?
Get insights into Dogecoin and Toncoin's price signals, and see how BlockDAG's US-based sponsorship teaser and ROI make it one of the top-performing crypto assets.
Manifold Allegedly Acquires $2M in CRV Tokens via Binance
Manifold, a quantitative investment firm, is suspected of purchasing $2 million in Curve DAO Tokens (CRV) via Binance, highlighting growing institutional interest in DeFi.
Whale Purchases $10M ETH After Profitable Trading
An unidentified whale acquired $10 million worth of Ethereum, suggesting continued investment and significant market strategies.
Monero’s Recent Price Surge and Key Market Dynamics
Monero's price surged by 86% in June 2025, significantly outperforming Bitcoin, highlighting trends in the privacy coin market.
Be the first to leave a comment