What is VVV?

Venice.ai is a privacy-focused AI platform that provides uncensored access to open-source large language models, image generation, and code assistants. Unlike centralized AI providers, Venice does not store prompts or outputs — all inference is private by default.

The platform serves over 2 million users with more than 1 million daily API calls, offering both a consumer interface and a developer API. Venice operates on a freemium model, with paid subscriptions and DIEM-based API access driving revenue.

VVV is the native token of the Venice.ai ecosystem, deployed on Base (Coinbase's Layer 2). It serves two core purposes:

• Revenue capture: Venice.ai uses a portion of platform revenue to buy VVV on the open market and permanently burn it, creating direct economic alignment between platform growth and token value.
• Staking & DIEM minting: VVV can be staked to earn daily DIEM rewards. Locked sVVV can mint DIEM, which grants perpetual AI inference access.

Genesis supply was 100,000,000 VVV. Over time, buy-and-burn reduces this. VVV trades on Coinbase, Kraken, KuCoin, MEXC, Gate.io, and Aerodrome DEX on Base.

When you deposit VVV into the staking contract, you receive sVVV at a 1:1 ratio. sVVV is non-transferable and represents your staked position.

• Rewards: sVVV holders earn daily DIEM mints proportional to their share of total staked VVV.
• Locking (optional): you can lock sVVV to significantly boost your conviction score and mint DIEM directly.
• Unstaking: to convert sVVV back to VVV, initiate an unstake and wait through a 7-day cooldown period.

Locked sVVV serves as collateral for DIEM — a token that grants $1/day of AI inference credits per DIEM staked. The key mechanics:

• 80/20 yield split: locked sVVV earns 80% of normal emission yield. Venice.ai receives the remaining 20% as protocol revenue.
• Collateral is not spent: your sVVV remains yours. To recover it, burn the equivalent DIEM at your personal burn rate.
• Mint rate is exponential: as more DIEM is minted, the cost per DIEM rises dramatically. See the live curve on the DIEM page.

Venice.ai runs a two-channel buy-and-burn, both observable on-chain. (1) A discretionary monthly buyback — Venice ops funds a Safe with USDC and CoW Protocol's TWAP engine spends it hourly over ~30 days, buying VVV on Aerodrome and sending it to the burn address; budget is typically ~$100k/month. (2) Pro Sub burns (tier-aware) — each new Venice subscription triggers a buyback whose USDC amount depends on the tier (since 2026-04-26): Pro ($18/mo) burns ~$2, Pro+ ($68/mo) burns ~$5, Max ($200/mo) burns ~$10.

Total Venice revenue is larger than these two channels combined — the discretionary budget is only the portion allocated to buybacks, and Pro Sub burns only capture new signups (renewals don't emit on-chain). The Burns page has an interactive Revenue Estimator for projecting the full picture. As Venice.ai grows revenue, both channels scale — the discretionary budget gets topped up with more USDC, and new-sub burns rise 1:1 with signups.

Live values — see Tokenomics for the full breakdown including vesting and emission schedules.

For the complete supply breakdown including vesting schedules, treasury allocation, and net inflation analysis, see the Tokenomics page.

All Venice.ai contracts are deployed on Base chain: