Venice Cuts VVV Annual Token Emissions to 4 Million in Push Toward Deflationary Model

VVV-10.5%

According to Foresight News, Venice, a Base-based AI project, announced it is reducing VVV annual token emissions from 5 million to 4 million. This marks the second reduction in the project's phased emission cut, following a decrease from 6 million to 5 million on May 1. The final target is to lower emissions further to 3 million by July 1.

The emissions cuts are designed to drive VVV into net deflation, with the project combining the reductions with its native reward mechanism to ensure token burn volume exceeds emission volume.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments