Virtuals Protocol: The governance portal is now live, and addresses holding at least 0.1% of the total veVIRTUAL can create proposals.

ChainCatcher

2025-07-01 15:47:00

ChainCatcher message, Virtuals Protocol posted on X platform stating that the governance portal feature is now live, and any wallet holding at least 0.1% of the total veVIRTUAL can create proposals. After the proposal is submitted, it will enter a 72-hour discussion window for public review and comments, during which voting is disabled. After the window closes, a snapshot will be taken of all veVIRTUAL balances, and this block will permanently lock each Wallet’s voting rights on the proposal. Voting will last for 72 hours. Virgens can directly vote “in favor” or “against” on the chain. After voting ends, the voting results are only valid if at least 25% of veVIRTUAL members participate.

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