Virtuals Protocol: Governance Portal Launched, Addresses Holding at Least 0.1% of Total veVIRTUAL Can Submit Proposals

According to ChainCatcher, Virtuals Protocol announced on the X platform that its governance portal feature is now live. Any wallet holding at least 0.1% of the total veVIRTUAL supply can create proposals.

Once a proposal is submitted, it enters a 72-hour discussion window for public review and comments, during which voting is disabled. After the window closes, the protocol will take a snapshot of all veVIRTUAL balances, and this block will permanently lock each wallet’s voting rights for the proposal. Voting will last for 72 hours.

Virgens can vote “For” or “Against” directly on-chain. After voting ends, the result is valid only if at least 25% of veVIRTUAL members participate.