Virtuals: Proxy staking is now live, and staking can earn points.

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On May 19, Virtuals Protocol announced that proxy staking is now live. The era of passive holding has ended. Staking has now become the standard way to earn points within the Virtuals ecosystem. The transition period will end at 3 PM (GMT+8) on May 22, and users need to transfer their proxy tokens to the staking contract by 3 PM (GMT+8) on May 22 (Thursday). After that, only staked proxy tokens will qualify to earn points. Eligible contracts include: staking contracts issued by Virtuals; allowlist contracts with a 14-day unlock cooling period. The team will publicly confirm the staking-exclusive qualifications after they take effect. The staking contracts launched today: approximately 70 projects (including Genesis and standard issuance projects) have been confirmed to launch staking contracts today. Virgens can now stake their proxy tokens and start earning points. Execution rules: After 3 PM (GMT+8) on May 22, only staked proxy tokens can earn points; allowlist contracts must include a 14-day unlock cooling period; projects using custom contracts have 2 weeks to migrate or adjust to meet the staking requirements.

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