On January 15th, Virtuals Protocol announced an update to the value accumulation mechanism to better support builders of the Virtuals ecosystem. The 1.Post-bonding transaction tax will be distributed as follows: 30% to agent creators, 20% to agent partners, and 50% to agent sub-DAOs for future governance decisions. 2. Creators' rewards will be sent directly to agent deployer wallets. 3. Proxy partner mechanisms are introduced to coordinate incentives between trading platforms/interfaces (e.g. TG bots) and the Virtuals ecosystem; when these platforms become proxy partners, they will receive a 20% post-bonding transaction tax on their facilitated transactions - these funds can be used to reward their communities or other initiatives.
In addition, Virtuals Protocol said that since October 16, 2024, Virtuals has accumulated 12,990,427.85 VIRTUALs from post-bonding trading revenue. These funds will be used to repurchase and destroy the corresponding proxy tokens through the time-weighted average price (TWAP) mechanism over the next 30 days.
The Virtuals Protocol updates the value accumulation mechanism, including the introduction of a proxy partner mechanism
2025-01-15 10:41:26
15 message virtuals protocol announcement value accumulation mechanismdesk3cryptocurrencydesktopCrypto News
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