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Virtuals United Creation: Plans to launch on the Solana platform in the first week of February, currently exploring using 50% cbBTC from proxy wallets as a source of liquidity

Virtuals United Creation: Plans to launch on the Solana platform in the first week of February, currently exploring using 50% cbBTC from proxy wallets as a source of liquidity

Bitget2025/01/26 10:24
VIRTUAL-6.29%

PANews reported on January 26 that everythingempty, the co-founder of Virtuals Protocol, announced that its platform will expand to Base and Solana. Developers can choose to generate proxies and corresponding tokens on both chains, and provide initial liquidity on Uniswap or Meteora respectively. The team plans to launch the Solana platform in the first week of February, at which time it will launch a $VIRTUAL/SOL liquidity pool and finalize details with LayerZero.

In addition, for proxy teams on the Base chain, although the liquidity pool locked in Uniswap cannot be migrated for ten years, the team is exploring using 50% cbBTC from proxy wallets as a source of liquidity to create new pools on Solana. They are also studying cross-chain exchange schemes to achieve asset swaps between Base and Solana.

Previous news stated that multi-chain integration is crucial for core contributors of VirtualsProtocol. After expanding to Solana they plan further expansion into other blockchains.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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