The road to creating a trillion-dollar agentic GDP (aGDP) is never easy. BasisOS is building the first Agentic Fund of Funds (FoF), designed to coordinate yield strategies autonomously. Early builders take real risks to push the frontier. That said, at Virtuals, we believe users should never shoulder the downside of innovation. While the BasisOS team works to recover the hacked funds, Virtuals Protocol will cover any shortfall from the Virtuals Treasury. If you participated in the Agentic FoF, you will be fully made whole. No action is required, funds will be restored automatically. The journey towards an autonomous global supply chain of agents will come with challenges. We don’t have the perfect plan. But we stand by our principles: support the builders, protect the users, and create a safe environment for everyone to benefit from this new world. The rest will fall into place. aGDP.
As promised, we are updating you with more information on the incident. TL;DR: 1. We have identified that an internal team member of BasisOS has acted maliciously and stole the funds. 2. All user losses will be compensated. 🧵
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