Virtuals introduced a new staking mechanism for native token virtual, replacing the passive retention incentive with a voting emissions structure that grants users a Vevirtual.
According to Posted on May 13th In X, Vevirtual Holders receive 20% of all previously distributed Virgen Point emissions based on token holdings. This move establishes Vevirtual as a key mechanism for reward allocation, airdrop eligibility, and future chain governance participation within virtual protocols.
In addition to Virgen Points and Governance Eligibility, Vevirtual Holders is now eligible for Genesis Airdrops.
Genesis is Virtuals’ Launchpad for new tokens. It offers a 24-hour pre-sale period, during which users can trade virtual with Virgen points to earn a 37.5% share of token power capped at 0.5%.
As a result, Vevirtual Holders are eligible to receive a share of tokens released on Genesis. However, the announcement did not disclose details regarding the airdrop conditions.
Efforts to bring the power of utility and governance
Virtuals’ price is $2.07, leading the performance of AI agent-related tokens, with a market capitalization of over $100 million, up 270% over the last 30 days as of May 13th. data.
When a user places a virtual bet, a token Vevirtual is issued with the voted voted on. The amount of tokens and the amount of lockup periods that can last for two years determine the amount of vevirtuals received.
This protocol implements linear attenuation of Vevirtual Balance, which decreases over time until the stake is unlocked. To maximize conversion rates, users can choose the “Auto Max Lock” option, which locks the token and generates a 1:1 ratio of vevirtuals per virtual.
Virtuals said that after Vevirtual introduced an on-chain voting mechanism, it also serves as a basis for governance rights. This effectively shifts virtual from passive utility assets to proactive means of governance and reward.
Instant participation was incentivized
According to the announcement, users who bet on a virtual token within 24 hours of their May 13 post are eligible for another unspecified reward that will be revealed the following day.
Although details are pending, the call to action marks the launch of a broader campaign to promote long-term staking participation.
The staking mechanism reflects the voting escrow system that was first popularized by protocols such as curve finance, where governance affects token lockup rather than raw balance.
The model design is intended to reward long-term alignment and reduce speculative token speeds.
Virtual framed the deployment as a departure from passive participation in a structure that prioritizes extended token commitments.
