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Virtuals Protocol Whitepaper
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  • ABOUT VIRTUALS
    • About Virtuals Protocol
    • Agent Commerce Protocol
      • Technical Deep Dive
      • Full Research Paper
      • Current Status
    • Tokenization Platform
      • Modes
      • Genesis Launch
        • Genesis Points
        • Genesis Allocation Mechanics
        • Genesis Refund Policy
        • Genesis Points FAQ
    • Referral System
    • Agentic Framework (GAME)
      • GAME Documentation
  • INFO HUB
    • Builders Hub
      • Introduction to Our Launch Mechanisms
      • More on Standard Launch
      • More on Genesis Launch
      • Launch Guide
        • Pre-launch Checklist
        • Narrative Crafting
        • Launch An Agent Token
        • How-to: Standard Launch
        • How-to: Genesis Launch
        • Bridge your token using Wormhole
      • Launch Support
        • Marketing
        • Grants
        • Technicals
      • FAQ: Show Agent Logs on Virtuals
    • Virgens Hub
      • How to Link Your X Account for Virgen Points
    • $VIRTUAL
      • Token Distribution
      • Staking
    • Protocol Metrics
    • Core Contributors
      • Select Research Work
    • Important Links & Resources
      • Security Audits
        • Security Policy - Responsible Disclosure
      • Contract Address
      • Further Reading
    • Editorial Style Guide / Brand Kit
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  1. ABOUT VIRTUALS

Referral System

The referral system is designed to reward Virgens who bring new participants into the ecosystem and help grow agent trading activity.

Each time a referred Virgen trades, the referrer earns. Rewards are paid out daily in $VIRTUAL and are based entirely on onchain volume. This system is built to: • Reward Virgens who contribute to protocol growth through direct participation • Return value to those who help drive aligned trading behavior • Maintain fairness and verifiability through transparent onchain incentives

How does it work?

When a referred Virgen trades in a taxable Agent/$VIRTUAL pool, a 1% trading tax is applied. A portion of that tax is redistributed as referral rewards across a two-layer structure:

Category
Share of 1% Trading Tax
Payout

Developer

70%

-

Referrer (Layer 1)

20%

$VIRTUAL

Referrer (Layer 2)

5%

$VIRTUAL

Ecosystem Pool

5%

-

  • Layer 1: Your direct referral. When this Virgen trades, you receive 20% of the trading tax from their activity.

  • Layer 2: The referral of your referral. When they trade, you also receive 5% of the trading tax from their activity.

Anything beyond Layer 2 is not eligible for referral rewards.

All rewards are paid in $VIRTUAL, distributed daily based on trading activity.

How do I refer a Virgen?

Each Virgen receives a unique referral code that can be shared with others.

Once a new Virgen enters your code and begins trading, you become eligible for referral rewards. Rewards only apply after the code is linked. They do not apply retrospectively.

What types of trades generate referral rewards?

Referral rewards apply only to buy and sell trades in taxable Agent/$VIRTUAL pools.

• Rewards are calculated from the trading fees generated by eligible trading volume • Trades involving tax-exempt tokens (such as $LUNA or migrated tokens) are excluded • Trades involving Solana agents are currently exempted and do not qualify. • Staking agent tokens, staking $VIRTUAL, and yapping do not qualify.

Only trades in taxable agent/$VIRTUAL pairs are eligible for the 1% referral trading tax and reward distribution.

Trades involving $VIRTUAL in non-taxable liquidity pools (e.g., $VIRTUAL/USDT pairs on CEXs or DEXs) do not qualify for referral rewards. Only trades in taxable agent/$VIRTUAL pairs are eligible for the 1% trading tax and reward distribution.

TLDR: • Share your referral code • Earn 20% of the trading tax from your referrals (Layer 1), and 5% from their referrals (Layer 2) • Rewards are paid in $VIRTUAL, distributed daily

Disclaimer: By participating, you consent to the disclaimer.

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Last updated 21 days ago