Venice AI updates tokenomics: introduces a buy-back mechanism to raise DIEM supply limits

Compared to Twitter, Venice AI issued an announcement to update its tokenomics. The updates mainly include the following two items:

New Programmatic Burning: For every $100 API Credit purchased in the future, $5 will be used to buy and permanently burn VVVs on the open market.

The DIEM supply target was raised for the first time: gradually raised from 38,000 to 40,000 (2,000 units added), implemented in stages, and the maximum target is expected to be achieved on September 14.