Virtuals introduces the 60 Days framework, supporting a 60-day testing period and a reversible tokenization mechanism to enhance user flexibility and security.
Foresight News reports that Virtuals Protocol has launched the “60 Days” tokenization framework to reduce early project tokenization risks during a 60-day public development and testing period. Under this framework, all token launches are conducted on the Base network, initially operating in private pools. When the total trading volume reaches 42,000 VIRTUAL, liquidity will be migrated to the Uniswap V2 pool.
This framework allows founders to decide whether to submit at the end of 60 days. If they choose to submit, the tokens will enter a long-term development phase with funds released in stages; if they choose not to submit, the project will be shut down, and funds accumulated through ACF, trading taxes, and liquidity pools will be returned to eligible holders. Additionally, the model includes a 1% trading tax, with 70% allocated to the founders and 30% to the protocol. Founders can also opt to open a growth distribution pool for up to 5% of the team tokens; if they do not submit in the end, these funds will be fully refunded.
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Virtuals introduces the 60 Days framework, supporting a 60-day testing period and a reversible tokenization mechanism to enhance user flexibility and security.
Foresight News reports that Virtuals Protocol has launched the “60 Days” tokenization framework to reduce early project tokenization risks during a 60-day public development and testing period. Under this framework, all token launches are conducted on the Base network, initially operating in private pools. When the total trading volume reaches 42,000 VIRTUAL, liquidity will be migrated to the Uniswap V2 pool.
This framework allows founders to decide whether to submit at the end of 60 days. If they choose to submit, the tokens will enter a long-term development phase with funds released in stages; if they choose not to submit, the project will be shut down, and funds accumulated through ACF, trading taxes, and liquidity pools will be returned to eligible holders. Additionally, the model includes a 1% trading tax, with 70% allocated to the founders and 30% to the protocol. Founders can also opt to open a growth distribution pool for up to 5% of the team tokens; if they do not submit in the end, these funds will be fully refunded.