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Venice announces a 25% reduction in VVV issuance in 2024, decreasing from 8 million to 6 million starting February 10.
【ChainWen】Venice announced an important token adjustment plan: starting from February 10, the annual issuance of VVV will be reduced from 8 million to 6 million. The reduction is 25%. Such deflationary mechanism adjustments are quite common in Web3 projects and usually reflect the project’s consideration for optimizing the long-term economic model. Token holders can pay attention to the specific implementation effects at this time.