How does the Venice token (VVV) work and what are the benefits of staking it?

Written By Jack

Last updated 8 days ago

You can stake VVV to earn emissions. You can also lock your staked VVV (sVVV) to mint DIEM, a tokenized compute unit equal to $1 per day of Venice API credit. You may stake DIEM for ongoing credit or send, sell, and transfer it, which lets you separate and monetize compute without selling your VVV principal. This expands VVV’s utility from individual access to marketable capacity through DIEM.