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Venice.aiOver the past months, Venice API usage has exploded as developers discover the value of private, uncensored AI inference.
Venice now processes over 1 million daily API inference requests through integrations with OpenRouter, Warden, Brave Leo, and Fleek, and development tools like Cursor, VSCode, and VOID.
Today, Venice is upgrading the way our tokenized AI infrastructure works.
Introducing DIEM – tokens that represent perpetual tokenized inference. Each DIEM provides $1 per day of API credit, forever. Only VVV holders can mint these tokens, creating the first-ever tradeable direct AI compute asset.
Intelligence is now ownable, tradeable, and transferable.
Trade DIEM on Aerodrome: https://aerodrome.finance/swap?to=0xacfe6019ed1a7dc6f7b508c02d1b04ec88cc21bf&from=eth&chain0=8453&chain1=8453
CA on Base: 0xf4d97f2da56e8c3098f3a8d538db630a2606a024
Inference becomes programmable & composable
DIEM transforms AI from a service you rent into an asset you own. Each DIEM token represents a fixed daily quantity compute capacity that never expires and never changes value.
This creates entirely new possibilities:
For developers and agents: Every DIEM you hold grants $1 per day of AI inference from Venice’s private and uncensored LLM and image models.
For VVV holders: Convert unused compute access into tradeable assets. Mint DIEM when you don't need API access, sell it to developers who do, then buy it back later to unlock your VVV. You earn yield throughout the process.
For applications: Integrate AI costs directly into tokenomics. Budget compute expenses with precision. Build business models around guaranteed AI capacity rather than variable API bills.
For the onchain economy: AI agents can own their intelligence. DeFi protocols can collateralize compute. DAOs can distribute AI resources. Smart contracts can programmatically access inference.
This creates markets and financial products around AI compute capacity itself.
How VVV enables tokenized intelligence with DIEM
VVV is the exclusive source for minting DIEM tokens.
VVV holders can mint DIEM from their staked VVV (sVVV). The process works like this:
Lock sVVV to mint DIEM at the current Mint Rate
Continue earning 80% of normal staking yield while your VVV remains locked
Stake DIEM for $1/day of API credit per DIEM that never expires or changes value
Burn DIEM to unlock sVVV whenever you want your original tokens back
DIEM are ERC20 tokens on Base that can be transferred, traded, and staked. But they can only be created by locking sVVV, making VVV the foundational asset for all tokenized intelligence in Venice's ecosystem.
The Mint Rate algorithm ensures sustainable growth - it starts low and increases exponentially as DIEM supply approaches the target, creating natural economic limits while allowing market price discovery. Consult the DIEM calculator for more information.
Read more about DIEM in our technical deep-dive.
How to mint DIEM with VVV
The minting process transforms your VVV holdings into tradeable AI compute:
Step 1: Access the DIEM minting interface. Navigate to your Venice token dashboard and locate the DIEM minting section. Stake VVV tokens by clicking stake. Please note there is a 7 day unstaking period.
Step 2: Click Mint/Burn in the DIEM section. Enter how much sVVV you want to lock to mint DIEM. The interface will show you exactly how much DIEM will be minted on the Mint Rate starting at that point in time.
You can also use our DIEM calculator to experiment with different amounts.
Step 3: Click Mint to confirm. Review the transaction details and confirm. Your sVVV will be locked and DIEM tokens will be minted to your wallet as ERC20 tokens on Base.
What you can do with your DIEM tokens
Stake your DIEM for API access Stake your DIEM tokens to receive $1 per day of API credit per DIEM token. Note that at least 1/10th of a DIEM needs to be staked to get API credit.
Trade or transfer your DIEM. Since DIEM are ERC20 tokens on Base, you can trade them on DEXs, send them to others, or use them in DeFi protocols.
Trade DIEM on Aerodrome
Important Risk: If you sell DIEM, you are incurring a risk that the DIEM price rises in the future. If it does, it will cost you more to re-acquire the same amount in order to burn it and unlock your original VVV. If you merely mint and use your DIEM for API access, this risk is avoided.
Burn DIEM to unlock sVVV. To unlock your original sVVV, burn the same amount of DIEM that you minted. You can do this partially or completely at any time.
[ADVANCED] Leverage up on VVV without liquidation risk. Mint DIEM, sell for VVV, and repeat. Note this is high risk strategy.
Important notes:
You can burn DIEM anytime to unlock your original sVVV
While locked, your VVV continues earning 80% of normal staking yield
The Mint Rate increases as DIEM supply rises, acting as a natural check on DIEM supply. When DIEM is burned, the Mint Rate falls.
Mint or burn DIEM now on Venice
Enhanced VVV utility and tokenomics
DIEM expands what VVV can do without changing its core value proposition:
Before DIEM | After DIEM | |
API Access / Compute Capacity | Stake VVV for API access and yield | Mint DIEM for stable, tradeable compute capacity; Monetize unused capacity without selling VVV principal; Access new markets and use cases for AI compute |
Yield from VVV Staking | Variable 20-80% of emissions | 80-100% of emissions |
Utility of VVV | Limited to individual holder | Broader utility through DIEM's tradeable capacity and new use cases |
Additional key improvements:
Reduced inflation: VVV emissions drop from 14M to 10M tokens per year
Simplified staking: 100% of emissions now go to VVV stakers (80% when locked))
Dual utility: Keep earning yield while creating tradeable assets
VVV transforms from a staking token into the foundation of a programmable AI economy.
Read more in our DIEM technical deep-dive.
Tokenized intelligence is here with VVV & DIEM
VVV holders can now mint DIEM tokens. These tokens can be traded, transferred, or staked for immediate API access.
Mint or burn DIEM now on Venice
Tokenized intelligence is here: AI compute has now become a tradeable, onchain asset.
How to get started:
Mint/burn DIEM with VVV at venice.ai/token
Use the DIEM calculator to explore minting scenarios
Join our Discord community for support and updates
Follow @askvenice for the latest developments
