protocol-contracts

The smart contracts behind Virtual DAO and Virtual-specific DAO governance, showing how contribution gets recorded and rewarded. A contract table maps each contract to its purpose, access control, and upgradability.

This repository contains the Virtual governance contracts for Virtual DAO and Virtual-specific DAO governance, and covers how contribution is recorded and rewarded. A contract table lists each contract with its purpose, access control, and upgradability. One entry stands out: veVirtualToken, described as a non-transferrable voting token used to vote on the Virtual Protocol DAO and the Virtual Genesis DAO.

The Virtual Genesis flow is documented step by step. A new application is submitted at the AgentFactory, which transfers VIRTUAL to the factory. Then a proposal is made at the VirtualGenesisDAO with an action of executing the application. Voting starts at the DAO, and the proposal is executed at the DAO afterward. Contributions follow a similar path: submit a proposal at the AgentDAO with an action of minting a ContributionNft, and the mint authenticates by checking whether the sender is the proposal's proposer. That ties the contribution record to the governance proposal that created it.

Upgrading core services starts with a validator vote for a contribution proposal at the AgentDAO. Executing the proposal mints a ServiceNft and triggers actions including updating the maturity score and the VIRTUAL core service ID. Rewards are distributed daily when the protocol backend concludes daily profits into a single amount and calls a distribute function on AgentReward.

Claiming rewards is split in two. The protocol calls a withdraw function, while stakers, validators, and dataset and model contributors call a claim function. Staking VIRTUAL means calling a stake function on AgentToken and passing in the validator to delegate voting power to. The stake takes in sVIRTUAL and mints a PERSONA token, and a withdraw function burns the PERSONA token.

The flows are layered. A proposal starts a contribution, minting ties it to the proposer, core upgrades go through validator votes, and rewards land daily from the protocol backend.

• Source 1 · Project repository
• Source 2 · README