VVET Protocol ($VVET)
Recent developments:
0% of the initial token allocation is held by the creator.
Creator token stats last updated: Aug 27, 2025 17:03
The following is generated by an LLM:
Summary
zero creator stake, high risk
Analysis
The VVET Protocol presents itself as a liquid staking solution within the Virtuals ecosystem, aiming to enhance capital efficiency through xVIRTUAL tokens and $VVET rewards. However, critical red flags emerge: the creator holds 0% of the token supply (1 billion total), severely undermining confidence in their commitment. While the roadmap outlines governance and DeFi integrations, the token's necessity is questionable—existing tokens like $VIRTUAL could potentially fulfill similar roles without introducing friction. No verifiable team or legal entity details are provided, and the creator's Twitter account lacks demonstrated credibility. The 0% creator allocation violates basic tokenomics principles for serious projects, suggesting a high risk of abandonment or lack of incentive alignment. Security claims are unsubstantiated by audits or technical documentation. While liquid staking addresses a real DeFi need, the project's structure and token distribution raise significant concerns about sustainability and centralization risks.
Rating: 0
Generated with LLM: deepseek/deepseek-r1
LLM responses last updated: Aug 27, 2025 17:03
Original investment data:
# VVET Protocol ($VVET)
URL on launchpad: https://app.virtuals.io/prototypes/0xa19864fA23fA824AA78F4CBf1De57e46f91Ed777
Launched at: Wed, 27 Aug 2025 17:00:52 GMT
Launched through the launchpad: Virtuals Protocol
Launch status: UNDERGRAD
## Token details and tokenomics
Token address: 0xa19864fA23fA824AA78F4CBf1De57e46f91Ed777
Top holders: https://basescan.org/token/0xa19864fA23fA824AA78F4CBf1De57e46f91Ed777#balances
Liquidity contract: https://basescan.org/address/0xA5090c3433fBf188e2d6Be5562b211a52Adf60B2#asset-tokens
Token symbol: $VVET
Token supply: 1 billion
Creator initial number of tokens: Creator initial number of tokens: 0 (0% of token supply)
## Creator info
Creator address: 0x0819078DCFfCa3106b88A3feCBC12D4d055993d3
Creator on basescan.org: https://basescan.org/address/0x0819078DCFfCa3106b88A3feCBC12D4d055993d3#asset-tokens
Creator on virtuals.io: https://app.virtuals.io/profile/0x0819078DCFfCa3106b88A3feCBC12D4d055993d3
Creator on zerion.io: https://app.zerion.io/0x0819078DCFfCa3106b88A3feCBC12D4d055993d3/overview
Creator on debank.com: https://debank.com/profile/0x0819078DCFfCa3106b88A3feCBC12D4d055993d3
## Description at launch
VVET Protocol is the liquid staking infrastructure for the Virtuals ecosystem, designed to optimize capital efficiency while expanding staking opportunities. By introducing xVIRTUAL, a liquid derivative of staked $VIRTUAL, VVET enables users to unlock rewards, maintain liquidity,
## Overview
1\. Stake $VIRTUAL → Receive xVIRTUAL
\- Users deposit $VIRTUAL and receive xVIRTUAL, a liquid token that represents their staked position.
\- xVIRTUAL accrues staking benefits while remaining usable across other DeFi activities.
2\. Earn veVIRTUAL Rewards
\- By holding xVIRTUAL, users continue to gain access to veVIRTUAL rewards and ecosystem airdrops, without locking their assets.
3\. Farm $VVET
\- Liquidity providers can supply to the $VIRTUAL / xVIRTUAL pool and stake LP tokens to earn $VVET emissions, creating a dual pathway for rewards.
4\. Unstake Anytime
\- Unlike traditional staking, VVET offers flexibility — users can unstake or reallocate capital without long lock-ups.
## Additional information extracted from relevant pages
<fetched_info>
""" [Creator profile on Virtuals Protocol](https://api.virtuals.io/api/profile/0x0819078DCFfCa3106b88A3feCBC12D4d055993d3)
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"""
</fetched_info>
<full_details>
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"createdAt": "2025-08-27T17:00:52.078Z",
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"name": "VVET Protocol",
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"category": "IP MIRROR",
"role": "PRODUCTIVITY",
"daoAddress": null,
"tokenAddress": null,
"virtualId": null,
"status": "UNDERGRAD",
"symbol": "VVET",
"lpAddress": null,
"veTokenAddress": null,
"totalValueLocked": null,
"virtualTokenValue": null,
"holderCount": 4,
"mcapInVirtual": null,
"preToken": "0xa19864fA23fA824AA78F4CBf1De57e46f91Ed777",
"preTokenPair": "0xA5090c3433fBf188e2d6Be5562b211a52Adf60B2",
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"tbaAddress": null,
"chain": "BASE",
"mainVirtualId": null,
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"level": 1,
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"priceChangePercent24h": 0,
"volume24h": 0,
"mindshare": null,
"migrateTokenAddress": null,
"lpCreatedAt": null,
"stakingAddress": null,
"agentStakingContract": null,
"merkleDistributor": null,
"isVerified": false,
"airdropMerkleDistributor": null,
"isDevCommitted": false,
"tokenUtility": "",
"showFounderVideo": false,
"roadmap": "Phase 1: Launch of liquid staking (xVIRTUAL) and core VVET staking dashboard.\n\nPhase 2: $VVET liquidity mining incentives and expanded pool integrations.\n\nPhase 3: Cross-protocol DeFi integrations, enabling xVIRTUAL utility across lending, borrowing, and yield strategies.\n\nPhase 4: Governance rollout powered by $VVET, allowing community-driven upgrades and ecosystem direction.",
"additionalDetails": "Token Utility: $VVET serves as the governance and incentive layer, rewarding liquidity providers and ecosystem contributors.\n\nSecurity First: Smart contracts are designed with a focus on transparency and risk management, ensuring a secure staking experience.\n\nEcosystem Alignment: VVET is built to amplify the growth of the Virtuals Protocol, driving adoption, liquidity, and sustainable value accrual for $VIRTUAL holders.",
"overview": "1\\. Stake $VIRTUAL → Receive xVIRTUAL\n\n\\- Users deposit $VIRTUAL and receive xVIRTUAL, a liquid token that represents their staked position.\n\n\\- xVIRTUAL accrues staking benefits while remaining usable across other DeFi activities.\n\n2\\. Earn veVIRTUAL Rewards\n\n\\- By holding xVIRTUAL, users continue to gain access to veVIRTUAL rewards and ecosystem airdrops, without locking their assets.\n\n3\\. Farm $VVET\n\n\\- Liquidity providers can supply to the $VIRTUAL / xVIRTUAL pool and stake LP tokens to earn $VVET emissions, creating a dual pathway for rewards.\n\n4\\. Unstake Anytime\n\n\\- Unlike traditional staking, VVET offers flexibility — users can unstake or reallocate capital without long lock-ups.",
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"genesis": null,
"stats": {
"contributionsCount": 0,
"contributorsCount": 0,
"contributionVersions": [],
"totalStakeAmount": "0.0",
"stakerCount": 0,
"validatorCount": 0
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"characterDescription": "",
"projectMembers": [
{
"id": 32152,
"isAccepted": true,
"title": "Owner",
"createdAt": "2025-08-27T16:56:11.131Z",
"updatedAt": "2025-08-27T16:56:11.131Z",
"walletAddress": "0x0819078DCFfCa3106b88A3feCBC12D4d055993d3",
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</full_details>
Investment info last updated: Aug 27, 2025 17:03