VVV began by allocating inference capacity according to stake. DIEM made daily credits transferable, with staking required to use them. Emission cuts and company-funded burns seek to constrain supply, but the contract remains mintable and Venice continues to operate the service.
At launch Venice promised stakers a pro-rata API allowance instead of per-request billing. The useful object was an allowance inside Venice, not a GPU or model license.
That can suit frequent callers, but Venice chooses models, consumption prices and formulas. Its 2025 guide called calculations preliminary and changeable.
In August 2025, Venice introduced DIEM, minted by locking staked VVV (sVVV). One staked DIEM is advertised as $1 of daily API credit.
Unlocking the original sVVV requires burning the same amount of DIEM that was minted, not the exact individual tokens originally received. A seller can reacquire that amount, but a rise in DIEM’s price makes unlocking more expensive.
Locked sVVV receives 80% of normal emissions. That yield is newly issued VVV, not Venice.ai cash flow.
Half went to users and crypto-AI groups; 35% to Venice.ai, 10% to incentives and 5% to liquidity. Venice later burned 33,539,739 unclaimed and repurchased tokens.
The verified ERC-20 gives its owner an uncapped mint function. Annual schedules describe intent, not a hard maximum.
Annual emissions began at 14 million VVV; the DIEM launch announced a reduction to 10 million. The August 5, 2026 update scheduled annual emissions of 2.5 million VVV from September 1 and 2 million from October 1. This announcement does not establish that either change was implemented.
Venice funds market buys and burns from subscriptions and API credits. Business activity funds purchases but creates no holder revenue claim.
Venice says it does not log prompts or responses and routes requests to GPU providers. Models carry different private, anonymized, TEE or E2EE labels.
VVV does not enforce data paths or select models. Venice controls catalog, accounts and access; the token controls balances, approvals and minting.
AI app launches before token.
Base token goes live.
33,539,739 VVV reported removed.
Locked sVVV can mint DIEM, which must be staked to obtain daily API credits.
Subscriptions trigger buys and burns.
$65M Series A finances company.
The August 5, 2026 update scheduled annual emissions of 2.5 million VVV from September 1 and 2 million from October 1. This announcement does not establish that either change was implemented.
Last evidence review: 2026-09-04
VVV is Venice.ai’s ERC-20 on Base. Staking can unlock Venice Pro, earn newly minted VVV and support API capacity. Locking staked VVV (sVVV) can mint DIEM, a separate transferable token that must itself be staked to obtain recurring Venice API credits.
The design replaces metered AI billing with a reusable stake. It may suit heavy API users, but a service entitlement is not ownership of compute, models or Venice.ai. It works while Venice operates the product and honors its formulas.
The contract began with 100 million tokens and gives its owner an unrestricted mint function. Venice changes emissions and distributes them through staking. Product logic maps stake to Pro or DIEM minting; Venice selects models, routes inference and funds burns.
No. Token terms deny company voting and revenue rights; the 2026 Series A was separate.
Current rules can provide emissions, Pro at 100 VVV and capacity or DIEM minting, not GPU ownership.
They are separate Base tokens. DIEM is minted by locking sVVV and must itself be staked to obtain daily API credit. Unlocking sVVV requires burning the same amount of DIEM that was minted; sold DIEM can be reacquired.
No onchain cap appears in verified code; published schedules are policy.
Annual emissions started at 14 million VVV and were subsequently reduced. The August 5, 2026 update scheduled annual emissions of 2.5 million VVV from September 1 and 2 million from October 1. This announcement does not establish that either change was implemented.
It says prompts and responses are not stored, but requests reach GPU providers and metadata follows its privacy policy.
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