Venice has lowered annual VVV token emissions from 2.5 million to 2 million, effective October 1, 2026. The change appears onchain via basescan.org and marks the latest step in a long campaign to shrink new supply. A staircase of cuts Venice.ai, the private AI platform started by ShapeShift founder Erik Voorhees, did not get here in one move. It walked emissions down in stages. The token generation event in January 2025 set yearly issuance at 14 million VVV. From there, the schedule tightened repeatedly. The first major cut took emissions from 14 million to 6 million on May 1. A further step brought the figure to 5 million, also listed under May 1. On June 1, emissions dropped to 4 million. July 1 brought them to 3 million, and September 1 lowered them again to 2.5 million. The October 1 cut to 2 million completes the current sequence. By early October 2026, emissions sat approximately 86% below where they started at launch. Who gets the new tokens, and who loses them Venice routes 100% of new VVV emissions directly to stakers. There is no carve-out for the team or a foundation. Cumulative burns have exceeded 33.7 million VVV, including a large burn tied to the airdrop in March 202...
Venice cuts annual VVV emissions to 2 million as deflationary push continues
1 week ago
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