Virtuals Protocol launched the VIRTUAL stake function.

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On May 14, AI proxy platform Virtuals Protocol said on the social platform that the VIRTUAL staking feature is now live. By locking VIRTUAL, users will receive veVIRTUAL, a voting escrow version of the token, which represents long-term synergy, deeper utility of the protocol, and future governance power. Starting today, 20% of all Virgen Points will be distributed to veVIRTUAL holders, replacing the previous mechanism of earning points by simply holding VIRTUAL, marking a shift in the way the Virtuals ecosystem is rewarded for participation.

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