Venice Token vvv

Venice Token (VVV) is the foundational utility token of Venice AI, a private and uncensored generative-AI service. VVV is issued as an ERC-20 on Base and connects on-chain token ownership to Venice's API funding system. Rather than being a general-purpose payment coin, its primary role is to secure access to Venice's token dashboard and AI-inference economy.

Users can stake VVV to earn emissions and receive sVVV, a receipt representing the staked position. sVVV can be locked at a variable mint rate to create DIEM, Venice's tokenized compute unit. This gives VVV utility for both yield-bearing staking and provisioning API capacity.

VVV is intended for developers, AI agents, and users who want predictable Venice API capacity without buying per-request USD credits. Venice's documentation also supports wallet-based/API-key flows, but VVV is not a replacement for the API key or for the separate DIEM settlement asset.

AI APIs commonly require centralized prepaid accounts or per-request billing, which can be inconvenient for autonomous agents and users who want on-chain, portable funding. Venice uses VVV and DIEM to provide a blockchain-based route into its private inference service.

The design separates the foundational staking asset from the compute allowance: VVV can be staked and converted through sVVV into DIEM, while DIEM can be staked for a recurring daily credit. This is intended to make AI capacity more predictable and transferable than ordinary expiring or account-bound credits.

VVV lives on Base. A user connects a Base wallet through Venice's token dashboard and stakes VVV in the staking flow; the official docs identify the staking contract as 0x321b7ff75154472B18EDb199033fF4D116F340Ff. Staking produces sVVV and earns emissions.

To provision compute, the user locks sVVV at the current Mint Rate to mint DIEM. The Mint Rate is variable and rises as DIEM supply grows; the locked sVVV remains locked until the corresponding DIEM is burned. DIEM itself is an ERC-20 that can be transferred, traded, or staked.

Staking DIEM activates Venice API capacity: each staked DIEM provides $1 of Venice credit per day, refreshed at 00:00 UTC. Venice accounts consume DIEM before bundled credits and USD; unused daily allowance does not roll over, and at least 0.1 staked DIEM is required before a DIEM balance is spendable.

Unstaking has explicit cooldowns: DIEM has a one-day cooldown, while unlocking sVVV backing minted DIEM requires burning that DIEM and then carries a seven-day sVVV cooldown. Venice warns users never to send VVV or DIEM directly to contract addresses; staking must use the dashboard or known transaction flow.