PANews reports on May 14th that according to the Virtuals Protocol announcement, the $VIRTUAL token now supports staking. Users can obtain veVIRTUAL through locking positions, which can be used for future governance and airdrop eligibility. 20% of Virgen points will be distributed to veVIRTUAL holders, marking a shift in the ecosystem incentive mechanism from token holding to long-term commitment and governance participation. The amount of veVIRTUAL is related to the locked amount and duration, with a maximum lock-up period of 2 years. Stakers within the first 24 hours will receive additional rewards.
