BlockBeats news, on January 15th, according to official sources, since October 16th, 2024, Virtuals Protocol has accumulated 12,990,427.85 VIRTUAL through post bonding transaction revenue. This will be used to repurchase and destroy the corresponding proxy Tokens through 30-day time-weighted average price (TWAP). Virtuals Protocol will update the value accumulation mechanism, and the post-bonding tax will be allocated as follows: 30% to proxy creators, 20% to proxy affiliates, and 50% to proxy sub-DAOs for future governance decisions. The creator's reward will be sent directly to the proxy deployer's Wallet.
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Virtuals Protocol announced the update of the value accumulation mechanism
BlockBeats news, on January 15th, according to official sources, since October 16th, 2024, Virtuals Protocol has accumulated 12,990,427.85 VIRTUAL through post bonding transaction revenue. This will be used to repurchase and destroy the corresponding proxy Tokens through 30-day time-weighted average price (TWAP). Virtuals Protocol will update the value accumulation mechanism, and the post-bonding tax will be allocated as follows: 30% to proxy creators, 20% to proxy affiliates, and 50% to proxy sub-DAOs for future governance decisions. The creator's reward will be sent directly to the proxy deployer's Wallet.