After months of development and community feedback, we’ve locked in the final parameters and launch date for tokenized Diem – an important upgrade to VVV’s tokenomics and a transformative evolution of our AI inference capacity system.
Critical Launch Details
Launch Date: Wednesday, August 20, 2025
Base Mint Rate: 90
Adjustment Power: 2
Target Diem Supply: 38,000
Venice Minting: 10,000 DIEM (Mint Rate = 93.34 after Venice mints)
VVV Inflation Reduction: Effective as of Aug 20 (14M → 10M/year)
Diem calculator: https://diem-calculator.staging.venice.ai/
⚠️ SNIPING PREVENTION PROTOCOL
Upon the VVV contract upgrade on August 20, the mint rate will temporarily be punitive (extremely high) to prevent front-running. DO NOT ATTEMPT TO MINT until Venice officially announces "Minting is LIVE" via our verified channels. Snipers who mint before then will be rekt.
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Overview
Today, VVV stakers receive a daily allocation of non-tokenized Diem (formerly known as Venice Compute Units aka “VCU”). This allocation fluctuates based on the number of stakers, making it hard to predict from week to week.
On Aug 20th, DIEM will become tokenized.
Thereafter, stakers of VVV can mint DIEM tokens. This provides two main benefits:
Your allocated API capacity will no longer fluctuate each day (your capacity becomes predictable).
If you’re staking VVV and not using your API capacity, you can now sell DIEM via the market.
IMPORTANT: Both tokenized and non-tokenized (legacy) DIEM credits will be honored for at least a month after launch. This means users can continue using the API as they have been for a period of time. However, minting DIEM early will likely yield the best rate. Then stake your DIEM to continue using the Venice API for free.
1 DIEM always equals $1 every day of API credit.
If you have 10 DIEM, you can access up to $10 of AI inference every day from Venice, for free
We understand upgrades can be a little stressful and confusing. Read below, and feel free to ask any questions in the Venice Discord.
The DIEM Advantage
For API Users: Predictable capacity planning (no more "your compute shrank today” surprises)
For VVV Holders: Extract value without selling VVV – mint DIEM and sell it while keeping your principal and continuing to earn yield
For Speculators: Arbitrage VVV/DIEM spreads (DIEM is a range-bound perpetuity asset; VVV = appreciating asset)
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How Tokenized DIEM Works
VVV Stakers are not required to do anything. They can continue staking for their full yield. They can then also mint DIEM at their discretion.
API Users can entirely ignore the minting function. Just acquire DIEM, stake it, and access the Venice API with a predictable amount of credit each day. In this way, DIEM will effectively serve as perpetual tokenized inference access to the Venice API, like an ongoing license key permitting $1 of use per day per DIEM.
Minting (August 20 Launch)
Lock sVVV to mint DIEM at the current Mint Rate (higher rate = more VVV needed per DIEM)
Access Venice API by staking DIEM (1 Diem = $1/day API credit)
Continue earning 80% of staking yield (remaining 20% flows to Venice)
💡 Example: Lock 900 sVVV → Mint 10 Diem → Enjoy $10/day API credit with DIEM + 80% yield on VVV
Trading (carries risk)
Sell DIEM to monetize compute your capacity
Buy DIEM from others for discounted API access
Leverage VVV by selling DIEM for more VVV
Unlocking sVVV
To unlock your sVVV, you burn the same amount of DIEM that you minted (partial amounts okay)
Risk: If you sell DIEM for profit, recognize that you will need to re-buy or otherwise acquire the same amount in order to unlock your VVV. However, while locked, the VVV will continue earning yield.
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Inflation and Yield Changes
Metric | Before DIEM | After DIEM |
Annual VVV Inflation | 14M VVV | 10M VVV |
Staker Yield | 20-80% of emissions | 80-100% of emissions |
VVV Utility Value | Yield + API access | Yield + API Access + DIEM minting |
Liquidity Pool
As part of the launch, Venice will seed a liquidity pool on Aerodrome with DIEM + VVV. At the onset DIEM will be priced at approximately $50, however this is expected to simply be a starting price that will quickly evolve as the market discovers DIEM’s initial trading range. Venice will announce when this pool is live shortly after DIEM minting goes live. Venice may choose to add additional liquidity in tranches over the following days and weeks.
It is likely that as minting and trading of DIEM begins, the price of DIEM will be highly volatile during this initial phase. Please engage in speculation only if you are willing to take on the inherent risks of doing so.
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The Bottom Line
DIEM evolves Venice’s VVV token from static into a dynamic AI compute marketplace. VVV holders gain unprecedented flexibility:
Stake VVV → earn max yield
Mint DIEM → trade or sell DIEM and earn 80% of yield
Stake DIEM → use API for free, no more capacity volatility
🔔 MARK YOUR CALENDARS: WEDNESDAY, AUGUST 20, 2025
Follow @askvenice on X and join our Discord (https://discord.gg/askvenice) for real-time launch alerts.
DO NOT MINT BEFORE THE "MINTING IS LIVE" ANNOUNCEMENT OR YOU’LL BE REKT.