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https://warpcast.com/~/channel/virtuals
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NFThreat β
@nfthreat.eth
2 BIG NEWS π¨ - Butler Points - veVIRTUAL Voted Agent Points (VVAP) Butler Points are still a secret π€ But I have info about veVIRTUAL Voted Agent Points (VVAP) What's VVAP? VVAP is a system where veVIRTUAL holders (i.e., $VIRTUAL stakers) can vote to determine how a significant portion of daily points are distributed across projects on the Virtuals Protocol. How It Works: The Core Loop π³οΈ Vote with veVIRTUAL: As a veVIRTUAL holder, you cast votes for the projects you believe have the most long-term potential. π Allocate the Pool: 10% of the total daily point supply is set aside for this voting-driven allocation. π Proportional Distribution: Projects receive a share of this 10% pool that is directly proportional to the percentage of votes they received. If Project A gets 30% of the total votes, it is eligible for 30% of the VVAP allocation. π Reward the Stakers: These points are then distributed on a daily basis to everyone staking on that winning project, pro-rata to their individual staking amount. Your conviction in a project directly benefits you and its other supporters. The Epoch System: A Continuous 7-Day Cycle Voting isn't a one-time event. It follows a continuous 7-day rolling cycle: β’ Week 1 (Voting Period): A voting session lasts for 7 days, during which all veVIRTUAL holders can cast or change their votes. β’ Week 2 (Distribution Period): Once the voting period ends, the results are locked. These results determine the VVAP distribution for the next 7 days. β’ Continuous Cycle: A new voting session begins immediately as the old one concludes, ensuring the community's voice is always current. Why This Matters β Empowers Holders: It gives you a direct say in shaping the growth and focus of the ecosystem. β Aligns Incentives: It aligns point emissions with long-term community conviction, not just short-term activity or hype. β Reinforces Value: It rewards value-driven participation and helps filter out passive, transient farming. https://app.virtuals.io/referral?code=wJnSLa
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YES2Crypto π© πͺπ‘
@yes2crypto.eth
Cool and I still just want a good curated list of what to pledge points to
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NFThreat β
@nfthreat.eth
Vader used to create good tier lists, but it's a while since he shared the last one. I'm personally going to pledge my points to $LILY in 4 days but I can't guarantee it's a solid one
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