• $47.9m from 12.99M $VIRTUAL collected since 10/16/24.
• Funds are used for 30d TWAP buyback & burn of agent tokens.
• E.g. 712K $VIRTUAL from $SEKOIA trading is used to to buy & burn $SEKOIA over 30d.
Virtuals is burning $45M worth of tokens to support the projects in its ecosystem.
Next, they will give 100% of the trade taxes back to the community.
There is one project that has positioned itself perfectly for this moment.
That project is @wai_combinator 🧵
This thread will cover 6 key topics:
1. What is @wai_combinator? 2. How does WAI work? 3. The Token Model 4. What is the Velocity fund? 5. What is the Diversify fund? 6. Regular source of alpha 7. The opportunity 8. Conclusion
1⃣ What is @wai_combinator?
• WAI Combinator focuses on diversifying its treasury through DAO swaps
• The goal is to align with emerging builders in the Base and Virtuals ecosystem
• It aims to strengthen the WAI community with a growing treasury