Platform
The Venice token on Base
VVV can be transferred or staked. Staking earns newly issued VVV; staking 100 VVV also unlocks Venice Pro.
Your ecosystem guide / Venice
Venice: the AI app, VVV and daily API credits from DIEM
Venice is a platform for chatting with AI models and creating images, video and audio. You can use its app, API and connected tools. VVV, its token on Base, provides staking rewards, access to Venice Pro and a way to mint DIEM, an asset that supplies daily API credits.
- Platform
- AI app and API
- Verified on 21.10.2026
- Tokens
- VVV and DIEM on Base
- Verified on 21.10.2026
- Daily credit
- 1 staked DIEM → $1 per day
- Verified on 21.10.2026
Venice
All sections
VVV, sVVV and DIEM: three roles in one product
Stake VVV to receive sVVV. Lock that sVVV to mint DIEM, then stake DIEM to unlock a daily request budget.
A receipt for staked VVV
You receive sVVV when you stake VVV. Locking sVVV mints DIEM; burning the corresponding amount of DIEM releases the original collateral.
A daily API budget
Each staked DIEM supplies $1 of Venice API credit every day. DIEM is a separate ERC-20 token: buy it, transfer it to another wallet or mint it against sVVV.
From tokens to requests
Mint DIEM, buy it or release your collateral
Minting ties DIEM to locked sVVV. Buying existing DIEM unlocks the same daily credit once you stake it.
Mint DIEM
- 01Stake VVV → sVVV
- 02Lock sVVV → DIEM
- 03Stake DIEM → API credits
The Venice dashboard shows the Mint Rate: how much sVVV is needed for one DIEM. Newly minted DIEM stays in your wallet until you stake it separately for daily credit. The sVVV collateral remains locked.
Venice terms ↗Buy existing DIEM
- 01Get DIEM on Base
- 02Stake at least 0.1 DIEM
- 03Spend the daily credit
Buy DIEM on Aerodrome or Uniswap and stake it through the Venice dashboard. Each staked DIEM supplies $1 of daily credit; unused credit expires when the daily allowance refreshes.
Venice terms ↗Recover the collateralized VVV
- 01Get DIEM into your wallet
- 02Burn the required DIEM → release sVVV
- 03Request VVV unstaking → wait 7 days
Releasing collateral requires the same amount of DIEM that was minted against it. Recover DIEM after its one-day unstaking period or buy it on the market. Converting the released sVVV back into VVV has a separate seven-day waiting period.
Venice terms ↗Who processes your request
Your choice of model also determines its privacy mode. Venice relays requests through its proxy; the selected mode determines how the content is processed.
Hide your identity from the provider
The model provider receives the prompt without your Venice identity. The provider’s own policies govern content retention.
Process content without retaining it
The request runs on Venice or partner infrastructure under a commitment to discard the prompt and response after processing.
Run inside a protected enclave
The model runs in a hardware-isolated environment. Remote attestation lets you verify that execution environment.
Encrypt before sending
Your client encrypts the prompt before transmission; only the verified enclave decrypts it. This mode is available for supported text models.
Chat, API access and your own tools
Use Venice to create text and media, connect models to your applications and run assistants. One API key covers different types of requests.
The Venice app
Venice
Chat with models and generate media in the Venice interface. Each model determines the available capabilities and privacy mode.
API for developers
Venice API
Generate text, images, video and audio through programmatic requests. The OpenAI-compatible interface connects to existing clients.
The official command line
Venice CLI
Venice CLI sends text requests, creates images and video, reads text aloud and transcribes audio. It also supports E2EE.
An assistant in messaging apps
OpenClaw
OpenClaw connects to Venice as a model provider. The assistant works through your chosen WhatsApp, Telegram, Discord and other channels.
Start with the app, API or token access
Open Venice directly to chat. Developers need an API key and a credit balance. Connect a Base wallet for VVV and DIEM operations; network transactions use ETH on Base for gas.
Open Venice
Choose a model and its privacy mode. Staking 100 VVV gives the connected account access to Venice Pro.
Connect your application
Create a key in API settings. Requests spend your account credits; the daily DIEM balance refreshes at 00:00 UTC.
Link tokens to your account
Sign in to Venice with the wallet that has staked DIEM. The daily balance becomes spendable once you stake at least 0.1 DIEM.
AI payments, VVV buybacks and staking rewards
Users pay for subscriptions and API credits. A share of those payments buys VVV on the market and burns it. VVV staking rewards come from newly issued tokens.
Waiting periods depend on your position
The daily credit continues while DIEM remains staked. Recovering VVV locked to mint DIEM starts with releasing the corresponding sVVV.
Unstake DIEM
A one-day waiting period starts when you request unstaking. Once DIEM reaches your wallet, you can use or transfer it.
Release the sVVV collateral
Burn the amount of DIEM minted against your collateral. This releases the original sVVV.
Withdraw VVV
Request unstaking for the unlocked sVVV. Once the waiting period ends, you can claim VVV into your wallet.
Venice documents and tools
Staking and DIEM dashboard ↗API capabilities and getting started ↗VVV, sVVV, DIEM and exit terms ↗The four privacy modes ↗VVV and access to Venice Pro ↗Buybacks from API credit purchases ↗Programmatic buybacks and burns ↗VVV burn transactions ↗The VVV contract on Base ↗
2 sources about Venice
Venice strategy and development from a team member and an independent Bankless writer.Checked on 21.10.2026
Jon Venice
JonShapeShift
Venice’s head of strategy explains platform development and how VVV staking and DIEM connect to AI inference.
Official
Affiliation confirmed
David Hoffman
TrustlessState
Bankless co-owner returns to Venice in interviews and posts, comparing its AI business, inference demand and the VVV token economy.
Analysis
About the ecosystem
Full list on xfollowlist.com →
Information checked: 21 October 2026
Practical questions
1Do I need VVV to use Venice chat?+
No. You can use Venice chat without VVV. Staking 100 VVV is one way to access Venice Pro.
2Is holding DIEM in a wallet enough?+
Daily credits become available after staking DIEM and linking the wallet to your Venice account. You need at least 0.1 staked DIEM to spend the balance.
3When do credits refresh, and does unused credit accumulate?+
The allowance refreshes daily at 00:00 UTC. Each staked DIEM supplies $1 of credit for the day; unused credit from the previous day expires.
4What happens to collateral if I sell the DIEM I minted?+
The sVVV remains locked. To release it, obtain and burn the same amount of DIEM that was minted against that collateral.
5Which network hosts VVV and DIEM?+
Both tokens are on Base. VVV: 0xacfE6019Ed1A7Dc6f7B508C02d1b04ec88cC21bf. DIEM: 0xF4d97F2da56e8c3098f3a8D538DB630A2606a024. Network transactions use ETH on Base for gas.
6Do all Venice models process requests in the same way?+
Each model lists its Anonymous, Private, TEE or E2EE mode. In Anonymous mode, the provider sees the prompt content. Private uses processing without retention; TEE adds a protected enclave; E2EE encrypts the prompt on your client before sending it into that enclave.