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This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-07-02 06:24:41 UTC
Verified By
Rollup News
The Virtuals Protocol has launched its onchain governance portal, allowing veVIRTUAL holders to shape the future of the protocol through proposals and voting. Three initial proposals are up for vote: establishing an Ecosystem Growth Foundation, creating a Sniper Defense & Yield Fund, and implementing a Performance-Based Ecosystem Grant to Virgen Labs.
Decentralized governance through veVIRTUAL holders.
Community-driven decision-making for strategic direction and upgrades.
Three wave-1 proposals: Ecosystem Growth Foundation, Sniper Defense & Yield Fund, and Performance-Based Ecosystem Grant to Virgen Labs.
Reaching quorum (25% of total veVIRTUAL) for proposals to pass.
Ensuring active participation and informed voting from veVIRTUAL holders.
Balancing community consensus with efficient decision-making.