Genesis Update: Referral System Live The Referral System is now live to reward Virgens who bring new participants into the ecosystem and help grow agents. When a new Virgen uses your referral code and begins trading agent tokens in a taxable Agent/VIRTUAL pool, you'll earn a share of the trading tax. How it Works: The system supports up to two layers of referral rewards: • 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. Only two layers are eligible for referral rewards. Activity beyond Layer 2 does not generate any rewards. Referral rewards are paid out daily in VIRTUAL and are funded from a 1% trading tax applied to eligible trades. What Qualifies: • Buy or sell activity in taxable agent/VIRTUAL pairs • Referral code must be entered before any trading activity What Doesn't Qualify: • Trades involving tax-exempt tokens (e.g., LUNA or migrated tokens) • Trades in non-taxable pools (e.g., VIRTUAL/USDT on CEXs or DEXs) • Trading activity from wallets without a referral code • Staking agent tokens, staking VIRTUAL, and yapping • Activity before a referral code is entered (rewards are not retrospective) Where to Find Your Referral Code: You can find your unique referral code, in the Profile page on Virtuals Protocol. Referral rewards will begin distribution starting tomorrow. Now go recruit Virgens. Genesis needs you.