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But we saved everything 🙂.
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.