Base Chain AI project Venice permanently destroys about 1 billion US dollars of unclaimed VVV Token

Foresight News reports that Venice, an AI project on the Base chain, has completed a community Airdrop, with approximately $100 million worth of unclaimed VVV Tokens permanently destroyed yesterday. Since the launch of VVV Token on Base on January 27, over 40,000 users have collectively claimed 17.4 million Tokens, accounting for 35% of the community allocation total. The 32.6 million VVV Tokens destroyed this time account for 65% of the community allocation total, equivalent to one-third of the total genesis supply. However, the official will still add 14 million VVV Tokens annually, with an initial inflation rate of 14%, and will gradually drop based on the 'usage rate' of the Venice API.