Is Vra deflationary?

Can you explain if Vra is considered a deflationary cryptocurrency? I'm interested in understanding the economic principles behind its supply mechanism and how it might impact its value over time. Is there a fixed supply cap, or does the protocol include mechanisms for reducing the total number of Vra tokens in circulation? Additionally, how does the community perceive the deflationary nature of Vra, and how might it affect adoption and market sentiment?