Venice reduces annual VVV emissions to 2M, supports deflationary model
Summary
The annual emissions of VVV have been reduced from 2.5 million to 2 million as of October 1, continuing the project's efforts toward a net deflationary model. This reduction is part of a broader strategy that allocates all VVV emissions directly to stakers as yield, emphasizing a commitment to sustainability with no portion going to team unlocks or foundation grants. Additionally, ongoing revenue from platform subscriptions and API usage supports buy-and-burn mechanisms for VVV, further working towards a decrease in net supply.
Tokens
$VVV
Analysis
VVV: VVV is the native token of Venice, a generative AI platform that provides private, on-demand inference using open-source large language models via its API. The token facilitates access to AI services and staking rewards distributed as yield from platform emissions. Its scheduled emissions reductions support Venice's goal of evolving VVV into a net deflationary asset through combined lower supply issuance and revenue-backed burns. Tokenomics: All VVV emissions are allocated directly to stakers as yield, with no allocation to team unlocks or foundation grants. Deflationary Path: Ongoing revenue from platform subscriptions and API usage funds buy-and-burn mechanisms for VVV to counter emissions and work toward net supply reduction.
Categories
cryptodefihyperliquidon_chain_whale
Related sources
- https://x.com/TrustlessState/status/2080693146183500014
- https://www.kucoin.com/news/flash/venice-s-vvv-surges-on-near-integration-but-can-buybacks-outpace-emissions
- https://x.com/i/status/2105541412674830539
- https://cryptobriefing.com/venice-vvv-emissions-third-cut/
- https://venicestats.com/tokenomics
- https://x.com/i/status/2105599437804548273
- https://x.com/i/status/2105664453933252975
- https://x.com/i/status/2105636448439529885
- https://app.tokenomics.com/tokenomics/venice
- https://x.com/i/status/2105582409576247498