Introducing Programmatic VVV Buy & Burns

Venice has implemented a programmatic system to buy and burn its native token, VVV, with each new subscription, making it a net deflationary asset. This automatic process scales with subscription tiers: $2 for Pro, $5 for Pro+, and $10 for Max, augmenting existing discretionary burns that have removed 180,000 VVV ($1.35 million) from circulation since November. These burns are verifiable through on-chain transaction links available on the burn tracker, which also provides real-time data and historical statistics. Venice's long-term plan is to increase burn amounts per event and automate more of the deflationary process, aiming to surpass new emissions over time. VVV holders can stake tokens to earn emission shares or lock them to mint DIEM, which generates AI inference credits, as part of Venice's ecosystem that integrates with DeFi protocols. To date, over 33.7 million VVV, approximately 42.9% of the original supply, has been burned, contributing to the goal of making VVV a deflationary asset.

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