camron
@camronmira
$VVV reminds me of terra LUNA in some ways (mechanism, not outcome)
to be clear upfront: i'm not saying VVV is LUNA or headed anywhere near the same fate. I'm isolating one piece β the reflexive mint loop β and nothing else.
With terra, demand for UST forced users to buy and burn LUNA to mint it. A reflexive loop that destroyed luna supply and drove price.
Venice has a similar-feeling reflexivity on the surface: more demand for compute β more VVV staked β more diem minted β less liquid VVV.
Apr 20
1220113.8K
camron
@camronmira
In hindsight buying $VVV under $20 will look cheap
May 8
61447.3K
camron
@camronmira
circulating supply of $VVV is actually dropping (getting locked) as price rises.
Simply beautiful to watch great tokenomics in action.
Crypto is back baby https://t.co/2FcmdD6Oo6
May 9
131274.5K
camron
@camronmira
One thing I hadnβt appreciated before relating to $VVV / $DIEM if we assume $DIEM lending markets flourish :
If DIEM rental market yield exceeds base VVV staking yield, it could potentially create another reflexive sink for VVV.
when $DIEM rental yield > $VVV staking yield, yield arbitrage quietly tightens $VVV float
AI demand drives $DIEM rental rates β staking $VVV to mint $DIEM becomes the better yield β more $VVV locked β circulating supply compresses
Itβs not a burn or a structural sink
May 9
1452.3K
camron
@camronmira
$VVV is not a trade. Itβs an investment
May 9
4641.5K
camron
@camronmira
Few things keeping me very bullish and comfortable in my $VVV @AskVenice spot position:
1. product is continuously improving - new features shipping daily and my pet peeves are getting fixed fast
Two examples of many recent updates:
https://t.co/A7b0Hjgynz
https://t.co/DQzwKZh4om
2. Community members are building products/tools around Venice - an ecosystem is emerging.
https://t.co/Plp8V3HRyy
https://t.co/n3AloHCuKz
https://t.co/X7s3jLZdOm
3. Novel distribution strategies are being explored
Mar 18
217971
camron
@camronmira
Look into
Feb 27
9648
camron
@camronmira
@AustinBarack @TimeFreedomROB @AskVenice Best chart in crypto
Apr 2
386
camron
@camronmira
@AskVenice @lorenzodoteth Fully audited and given your stamp of approval ?
Apr 14
307
camron
@camronmira
@gekko_eth @AskVenice @venicestats Incredible stuff
Apr 11
173
Venice-related activity by @camronmira on X β data publicly available, refreshed daily. Profile cached today.
