Staking Support by Virtuals Protocol
On May 14, Virtuals Protocol announced that the current VIRTUAL Token now supports staking. Users can participate in locking VIRTUAL to receive veVIRTUAL, opening up opportunities for governance participation and future airdrops. 20% of Virgen points will be distributed to veVIRTUAL Holders, marking the transition of the ecosystem's incentive mechanism from short-term holding to long-term commitment and governance participation.
The amount of veVIRTUAL depends on the amount of VIRTUAL locked and the locking time, with a maximum locking time of up to 2 years. Participants who stake in the first 24 hours will receive additional rewards, encouraging early participation.
This content is intended to provide market information and is not investment advice.
Source: https://tintucbitcoin.com/virtuals-protocol-ra-mat-tinh-nang-staking-virtual/
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