CoinVoice has recently learned that Virtuals Protocol announced the completion of the Genesis mode upgrade, introducing three staking levels, requiring 21,000, 42,000, and 100,000 VIRTUAL tokens for staking, aiming to balance demand and fairness.
According to the new mechanism, 7% of the token supply will be allocated to the community, 6% for providing liquidity, and 2% allocated to veVIRTUAL holders, totaling 15% of the circulating supply. Virtuals Protocol stated that this mechanism ensures that points have structural value from day one, helping to attract higher quality developers and projects to participate in ecological construction. [Original link]