Virtuals Protocol updates value accumulation mechanism, including introducing agency partner mechanism
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2025-01-15 19:02 8,130
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Golden Finance reported that on January 15th, Virtuals Protocol announced an update to the value accumulation mechanism to better support builders of the Virtuals ecosystem. 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. The creator’s rewards will be sent directly to the agent deployer wallet. 3. Introduce an agency partner mechanism to coordinate incentives between trading platforms/interfaces (such as TG robots) and the Virtuals ecosystem; when these platforms become agency partners, they will receive 20% of the post-bonding on the transactions they facilitate Transaction Tax – These funds can be used to reward their community or other initiatives.
In addition, Virtuals Protocol stated that since October 16, 2024, Virtuals has received a total of 12,990,427.85 VIRTUAL from post-bonding transaction revenue. These funds will be used to repurchase and destroy corresponding proxy tokens through the time-weighted average price (TWAP) mechanism in the next 30 days.