PANews reported on May 14 that according to the announcement of Virtuals Protocol, $VIRTUAL tokens now support staking. Users can obtain veVIRTUAL through lock-up to participate in future governance and airdrop qualifications. 20% of Virgen points will be distributed to veVIRTUAL holders, marking the shift of the ecological incentive mechanism from holding coins to long-term commitment and governance participation. The number of veVIRTUAL is related to the lock-up amount and duration, and can be locked for up to 2 years. Stakers in the first 24 hours will receive additional rewards.
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