Virtuals Protocol Releases Genesis Points System Update

Virtuals Protocol has released an update to its Genesis Points System. The update includes: secondary market token staking purchase multipliers (users who buy and stake tokens on the secondary market can earn additional points), net purchase points (users with a positive net purchase—total proxy token buys minus total sells—will receive extra points), and Yapping net purchase point multipliers (Yappers with a positive net purchase may receive additional rewards). At the same time, the developer lock multiplier is being removed (the Green Dev Lock will no longer provide a points multiplier, but will still be used to trigger the trade penalty cooldown period). These changes will take effect on June 13.