Luna by Virtuals (LUNA)
Unlock Schedule
Luna by Virtuals (LUNA) Token Unlock & Vesting Schedule
The unlock chart above provides a clear visual overview of the Luna by Virtuals (LUNA) token release schedule, showing when and how tokens enter circulation across investor, team, treasury, and community allocations. Understanding these tokenomics dynamics is critical for evaluating potential supply pressure, inflation impact, and market liquidity over time — key factors that can influence LUNA price performance.
Each color segment in the chart corresponds to a specific allocation group described in the Allocations section below. Underlying assumptions and data models used to reconstruct this schedule are explained in detail under Assumptions, while broader utility insights and token use cases are covered in Tokenomics & Utility.
Tokenomics & Utility
Fixed supply and on‑chain setup
LUNA’s supply is fixed at 1 billion tokens. The full supply is minted when the agent graduates, and initial liquidity is established in a LUNA/VIRTUAL pool on Base. This pool is a key venue for swaps and for any automated buyback logic that may be funded by agent or protocol revenue in the Virtuals ecosystem. (whitepaper.virtuals.io)
Pairing with VIRTUAL
Because agent tokens pair with VIRTUAL rather than ETH by default, demand for agents routes through the protocol’s base asset. For token holders, this means LUNA’s primary DEX liquidity sits in LUNA/VIRTUAL pools, with additional minor pairs sometimes available. The pairing choice aims to concentrate liquidity and make the ecosystem more cohesive. (geckoterminal.com)
Contribution‑driven upgrades
The ICV and the modular consensus flow let communities propose upgrades to Luna—new models, visuals, or voice modules. If accepted, those contributions are minted as NFTs and become part of Luna’s permanent on‑chain record. This gives the token a role beyond speculation: holders and contributors can coordinate to evolve the agent over time, knowing upgrades are tracked on‑chain. (whitepaper.virtuals.io)
Utility in the entertainment loop
Within the Virtuals world, LUNA can support several in‑app actions. Examples discussed by ecosystem explainers include tipping or triggering interactions during Luna’s live content, and using LUNA in app‑specific features tied to the agent’s experiences. Some third‑party explainers also describe an ecosystem pattern where agent or protocol revenue can fund periodic open‑market buybacks of agent tokens via the LUNA/VIRTUAL pool, aiming to reduce outstanding supply over time rather than distributing revenue directly to holders. Model specifics are protocol‑level and can evolve, but the general idea is to link real usage with token mechanics in a transparent way. (coinmarketcap.com)
Assumptions
- All supply entered circulation at TGE as a single event.
Virtuals Protocol standard launch mints the full 1,000,000,000 supply at agent creation and immediately pairs liquidity on Uniswap; no vesting schedules or ongoing emissions are specified.
- No PoW/PoS issuance, staking rewards, or protocol-level inflation modeled.
The agent token contract and Virtuals whitepaper describe a fixed-supply ERC-20 with LP staking of LP tokens (not LUNA issuance). There is no network issuance mechanism for LUNA.
- Total supply set to initial minted 1,000,000,000 for release modeling.
BaseScan currently shows a slightly reduced on-chain total supply (~998.49M) due to post-launch burns; burns reduce supply but do not represent additional unlocks. Using initial minted supply provides an accurate release chart (100% at TGE).
- 1. https://whitepaper.virtuals.io/builders-hub/build-with-virtuals/agent-creation
- 2. https://whitepaper.virtuals.io/info-hub/builders-hub/more-on-standard-launch
- 3. https://basescan.org/tx/0xba3fc80f09240d085117e656d7704f9e501bb5b47a3df2752250e5cb60dd0b4b
- 4. https://basescan.org/token/0x55cd6469f597452b5a7536e2cd98fde4c1247ee4?a=0x5a9b86708b7aa08e4a73f792f156d8a96e163136
- 5. https://www.geckoterminal.com/base/pools/0xa8e64fb120ce8796594670bae72279c8aa1e5359