Virtual Agreement Launches $40 million Repurchase and Destruction Program, Small Agents Benefit the Most

On January 15th, Messari researcher Nick Garcia stated on X that the VIRTUAL agreement announced a $40 million buyback and destruction plan aimed at supporting agents in the ecosystem. Data shows that small agents have become the biggest beneficiaries of this plan, with a buyback market value ratio close to 0.25, significantly higher than the 1 when the plan was first announced. Currently, the implementation of this buyback plan helps to improve the market performance of the entire ecosystem.

 

In addition, according to the official news from VIRTUAL yesterday, VIRTUAL also announced that it is actively conducting market buybacks. As of January 15, 2025, VIRTUAL protocol has recovered 12,990,427.85 VIRTUAL through Post Bonding interaction, and plans to continue corresponding token buyback operations in the next 30 days. The repurchased tokens will mainly be distributed to creators, token unions, and DAO governance within the ecosystem. Specifically, creators will receive 30% of the rewards, token unions will receive 20%, and 50% of the returns will go into the DAO governance fund.