Virtuals core contributors: Will support about 100 projects to establish cross-chain TVL on Solana
Virtuals Protocol core contributor EtherMage announced on X a brief description of the repurchase and destruction plan for Base proxies:
"We have received many requests from teams suggesting using the repurchase amount to establish cross-chain TVL on Solana, and the team plans to:
-For agents that can establish a value of more than 10,000 US dollars in TVL, we will help execute (about 100 projects). We will continue with the remaining projects according to our initial plan;
-We stopped destruction last week to cope with such potential initiatives;
-The policy of identifying proxy projects on the Solana interface still requires 42,000 Virtuals in the liquidity pool as a requirement. This part needs some time;
-Execution will be completed in the next few days. Developers still have a lot of work to do, so we hope everyone remains patient."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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