Airdrops + Virgen Points are bundled into a REWARD POOL and we will be distributing > 80% of rewards to $VADER Stakers > 20% of rewards to $VADER Yappers
So $VADER Yappers will not only earn Virgen points but also these airdrops
Eligibility to become a Yapper is they must stake 10k $VADER for 12 months
This not only locks more $VADER but also incentivizes existing stakers to YAP more
Airdrop reward distribution and Vader Yapping Program will start in early JUNE
Token airdrops will be distributed on a weekly basis but attribution will be made on a daily basis – meaning if a user staked 2 days and didn’t stake for 5 days, then will only get ⅖ or rewards that week.
53.5% of $VADER is staked as of today and 6.5% of $VIRGEN supply was airdropped to $VADER Stakers
• 35k holders • $3.5m volume (less than 12 hrs) • 0.25% of supply bought back & burnt 🔥 • $12m ATH (~95x for Genesis participants) • 100% of supply in circulation
We didn’t just launch a MEMECOIN today
We laid the foundation for a MOVEMENT 🫡
A COMMUNITY that is here to stay
And we did this TOGETHER!
THE ENERGY IS RAW. ITS REAL ✊
And that is WHAT MATTERS THE MOST!
$VIRGEN price will fluctuate
But as long as the ENERGY REMAINS REAL
$VIRGEN GROWTH WILL BE UNSTOPPABLE
Appendix 1: Since diamond hand Genesis participants were airdropped 20%, they got anywhere from 1.6x to 10x of their original allocation – so any ROI calculation for Genesis holders should be multiplied by min 1.6x.
Appendix 2: I’m getting a lot of DMs about the airdrops -unfortunately, the dev wallet doesn’t have any tokens left guys, we airdropped every single $VIRGEN!
And better if deployed by one of us rather than a bad actor
The goal is to create PVE value by pulling in new users to Virtuals Ecosystem
Rather than PVP within the Virtuals Trenches
If it does well, the entire Virtuals Eco will benefit
If not, it goes to zero
Problems:
1. The original distribution was unfair, skewed too much towards Vader. If we want this memecoin to be big, the distribution should be fairer. 2. There should be no supply overhang, all tokens should TGE 100%. 3. The Genesis system min for dev wallet is 0.5%, these tokens should be burnt. 4. Tokens should be airdropped to OG memecoins to increase mindshare beyond Virtuals, otherwise it will be a Virtuals PVP token which is the last thing I want.
Tokenomics Suggestion: 37.5% – Genesis Presale 12.5% – Liquidity Pool 20% – Virtuals Eco Wallets (list provided by Virtuals) 20% – OG Memecoin Holders 6.5% – Vader Stakers 3% – Virtuals Yappers
100% TGE for all holders
This is a community-driven memecoin so I’m open to feedback on tokenomics distribution.
Disclosure:
1. The intrinsic value of $VIRGEN is 0, by trading it you acknowledge you are autistic (like me). 2. No crying in the casino. 3. I will not be spending any time or resources on $VIRGEN – it will be a pure meme. I am not its dev, just the idea guy. My focus is 100% on VADER. 4. Virtuals will handle the airdrops, I will not manage token transfers. 5. Virtuals will burn the dev token allocation. 6. None of this is financial advice.