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VIRTUALprotocol launches a $40 million repurchase and burn plan, with small agents benefiting the most
CoinWorld reported on January 15th that Nick Garcia, a researcher at Messari, announced a $40 million buyback and burn plan for VIRTUALprotocol, aimed at supporting agents in the ecosystem. Data shows that in this plan, small agents became the biggest beneficiaries, with a buyback Market Cap ratio close to 0.25, significantly higher than the 1 announced when the plan was first announced. Currently, the implementation of this buyback plan helps to improve the overall market performance of the ecosystem. In addition, according to yesterday's official announcement from VIRTUAL, VIRTUAL also announced that it is actively conducting market repurchases. As of January 15, 2025, VIRTUALprotocol has reclaimed 12,990,427.85 VIRTUAL through Post Bonding interactions, and plans to continue corresponding Token repurchase operations in the next 30 days. The repurchased Tokens will be mainly allocated to creators, Token co-partners, and DAO governance within the ecosystem. Specifically, creators will receive 30% of the rewards, Token co-partners will receive 20%, and 50% of the returns will go to the DAO governance fund.