Virtuals: Proxy staking is now online, staking can earn points

Odaily News According to an official post from Virtuals Protocol, proxy staking is now live. The era of passive holding is over. Staking is now the standard way to earn points in the Virtuals ecosystem. The switching period will end at 3 pm (GMT+8) on May 22, and users will need to transfer their proxy tokens to the staking contract at 3 pm (GMT+8) on May 22 (Thursday). After that, only staked proxy tokens will be eligible to earn points. Eligible contracts include: staking contracts issued by Virtuals; whitelisted contracts with a 14-day unlocking cooldown period. The team will publicly confirm after the staking-exclusive qualification takes effect. Staking contracts launched today: Approximately 70 projects (including Genesis and standard issuance projects) have been confirmed to launch staking contracts today. Virgens can now stake their proxy tokens and start earning points. Implementation rules: After 3pm (GMT+8) on May 22, only staked proxy tokens can earn points; whitelisted contracts must include a 14-day unlocking cool-down period; projects using custom contracts have 2 weeks to migrate or adjust to meet the staking requirements.