Virtuals Protocol Governance Portal is Live
Virtuals was never just a protocol. It was a vision of self-governing AI agents, and today, that future begins to take shape. Strategic direction, ecosystem support, and upgrades are no longer set by a core team. With onchain governance now live, veVIRTUAL holders shape the path forward. Control becomes collective. The future, permissionless.
How governance works:
Any wallet holding at least 0.10% of total veVIRTUAL can create a proposal. Once submitted, the proposal enters a 72-hour discussion window for open review and comments; voting is disabled during this phase. After the window closes, the protocol takes a snapshot of all veVIRTUAL balances, this block permanently locks each wallet’s voting power for that proposal.
Voting then opens for 72 hours. Virgens cast “For” or “Against” directly onchain. When the vote ends, the result counts only if at least 25% of total veVIRTUAL has participated. If quorum is met, a simple majority (50% + 1) determines the outcome. The approved decision becomes eligible for execution via treasury governance. If quorum is not reached, the proposal expires and may be resubmitted.
Why it matters:
Capital and incentives are no longer managed by a single team, they’re governed by the network. Core parameters evolve through community consensus, not unilateral edits. And voting power isn’t bought or borrowed, it’s earned through long-term conviction. This isn’t just a governance tool. It’s a shift in how decisions are made, risk is shared, and value is stewarded.
Wave-1 proposals are live:
This post serves as the master thread for early discussion until the onchain comment window opens. We’ve published three deep dive threads below, covering the Wave-1 proposals:
1. Establishing an Ecosystem Growth Foundation
2. Sniper Defense & Yield Fund
3. Performance-Based Ecosystem Grant to Virgen Labs
Your vote is your voice. Your conviction, the compass.
Review, debate, and vote: https://t.co/z8O1jRQyf4
Virtuals Protocol Governance Portal is Live
Virtuals was never just a protocol. It was a vision of self-governing AI agents, and today, that future begins to take shape. Strategic direction, ecosystem support, and upgrades are no longer set by a core team. With onchain governance now live, veVIRTUAL holders shape the path forward. Control becomes collective. The future, permissionless.
How governance works:
Any wallet holding at least 0.10% of total veVIRTUAL can create a proposal. Once submitted, the proposal enters a 72-hour discussion window for open review and comments; voting is disabled during this phase. After the window closes, the protocol takes a snapshot of all veVIRTUAL balances, this block permanently locks each wallet’s voting power for that proposal.
Voting then opens for 72 hours. Virgens cast “For” or “Against” directly onchain. When the vote ends, the result counts only if at least 25% of total veVIRTUAL has participated. If quorum is met, a simple majority (50% + 1) determines the outcome. The approved decision becomes eligible for execution via treasury governance. If quorum is not reached, the proposal expires and may be resubmitted.
Why it matters:
Capital and incentives are no longer managed by a single team, they’re governed by the network. Core parameters evolve through community consensus, not unilateral edits. And voting power isn’t bought or borrowed, it’s earned through long-term conviction. This isn’t just a governance tool. It’s a shift in how decisions are made, risk is shared, and value is stewarded.
Wave-1 proposals are live:
This post serves as the master thread for early discussion until the onchain comment window opens. We’ve published three deep dive threads below, covering the Wave-1 proposals:
1. Establishing an Ecosystem Growth Foundation
2. Sniper Defense & Yield Fund
3. Performance-Based Ecosystem Grant to Virgen Labs
Your vote is your voice. Your conviction, the compass.
Review, debate, and vote: https://t.co/z8O1jRQyf4
Genesis Update: Virgen Contributor Program
Yapping for Points is now no longer limited to X.
The Genesis Point system now expands to reward contributors across major platforms, and in real life. Whether you’re breaking down agents on YouTube, publishing research on 네이버 블로그, or hosting meetups in Shanghai, impactful work now earns Genesis Points.
This program recognizes contributions that drive reach, clarity, and participation across the ecosystem.
Eligible contributions include:
• Content across TikTok /抖音, YouTube, 哔哩哔哩, 小红书, 네이버, Instagram, Reddit, or personal blogs, including videos, explainers, research, and translations
• Podcasts, visual breakdowns, deep-dive threads, and multi-language content
• Hosting IRL gatherings or speaking at crypto/AI events
This isn’t about noise. It’s about signal.
All submissions are manually reviewed. Points are allocated based on quality, not cadence.
Submissions and nominations are open anytime.
Reviews happen weekly. Rewards are distributed gradually across the month.
Submit your contribution here: https://t.co/L0Il1HymOB
Build where you’re strongest. Expand the network. Shape the next chapter.
Genesis Update: Referral System Live
The Referral System is now live to reward Virgens who bring new participants into the ecosystem and help grow agents.
When a new Virgen uses your referral code and begins trading agent tokens in a taxable Agent/$VIRTUAL pool, you'll earn a share of the trading tax.
How it Works:
The system supports up to two layers of referral rewards:
• Layer 1: Your direct referral. When this Virgen trades, you receive 20% of the trading tax from their activity.
• Layer 2: The referral of your referral. When they trade, you also receive 5% of the trading tax from their activity.
Only two layers are eligible for referral rewards. Activity beyond Layer 2 does not generate any rewards.
Referral rewards are paid out daily in $VIRTUAL and are funded from a 1% trading tax applied to eligible trades.
What Qualifies:
• Buy or sell activity in taxable agent/$VIRTUAL pairs
• Referral code must be entered before any trading activity
What Doesn't Qualify:
• Trades involving tax-exempt tokens (e.g., $LUNA or migrated tokens)
• Trades in non-taxable pools (e.g., $VIRTUAL/USDT on CEXs or DEXs)
• Trading activity from wallets without a referral code
• Staking agent tokens, staking $VIRTUAL, and yapping
• Activity before a referral code is entered (rewards are not retrospective)
Where to Find Your Referral Code:
You can find your unique referral code, in the Profile page on Virtuals Protocol.
Referral rewards will begin distribution starting tomorrow.
Now go recruit Virgens.
Genesis needs you.