Erik Voorhees: VVV token inflation to fall below 4 percent in next two months

Erik Voorhees: VVV token inflation to fall below 4 percent in next two months
VVV inflation headed below 4 percent

Erik Voorhees, founder and CEO at Venice AI, reports that when VVV launched, its supply was 100 million with a 14 percent inflation rate.

According to Voorhees, the current supply has reduced to 80 million, with inflation lowering to 6.25 percent. He adds that planned cuts on June 1 and July 1 will reduce inflation further, bringing it to around 3.75 percent.

Voorhees recently introduced DIEM's daily $1 credit for AI services through Venice, which is made available by staking from a web3 wallet via the Venice app. He has also highlighted Venice crypto RPC as a tool enabling agents to interact with blockchains at lower cost and with greater ease, according to a previous announcement. These efforts form part of Venice AI’s ongoing product development.

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