PANews reported on May 19 that according to official news, Virtuals Protocol announced that proxy staking is now online, and staking can earn points. The switching period will end at 3 pm on May 22, Beijing time, and users need to transfer proxy tokens to the staking contract before then. After that, only staked proxy tokens are eligible to earn points. Qualified contracts include: staking contracts issued by Virtuals; whitelisted contracts with a 14-day unlocking cooldown period. The team will publicly confirm after the exclusive staking qualification takes effect.
Staking contracts launched today: Approximately 70 projects (including Genesis and standard issuance projects) have been confirmed to launch staking contracts today.
Implementation rules: After 3 pm 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.