Venice is working on two fronts that rarely move together: distribution and scarcity. On one side the VVV token leaves its home chain to reach a wider audience; on the other the project cuts what it issues and burns what it takes in. It is a double move that tells a precise strategy.

The bridge to Solana

On 6 October Sunrise — the gateway of a Wormhole Labs subsidiary — announced that VVV is available on Solana, connected through Wormhole NTT and tradable on Raydium, Jupiter, Phantom and other applications. The canonical contract on the network is VVV4UdRywr7SLafPHzqXwRCw7myXkmgCtitXUvj8g8c. For Venice it means access to one of the most liquid ecosystems in the sector without giving up its home chain, Base. Worth noting: there is no official statement on the company blog; the news comes from the players who run the infrastructure, not from Venice itself.

Fewer emissions, more burns

On the tokenomics side the change is substantial. Since 1 October annual VVV emissions have fallen to 2 million tokens, roughly 86% less than the 14 million at launch, after the intermediate cut of 1 September. On top of that comes a programmatic burn: 5 dollars out of every 100 spent on API credits are used to buy back and destroy VVV. Third-party observers such as VeniceStats estimate that October’s buy-and-burn has passed 415,000 dollars, the largest in dollar terms so far. The total burned since inception is around 34 million tokens against a supply of roughly 81 million.

DIEM and the cost of perpetual access

The second token, DIEM, promises 1 dollar of AI credit per day per token, with a reset at midnight UTC and no carry-over. On 10 October it traded near 1,607 dollars: at that price, recovering the cost takes about 4.4 years of full use. That is not an official Venice price but a secondary-market quote, and it should be read as such.

Conclusion

Venice is betting that a scarcer and more widely held token is worth more than an abundant and concentrated one. The logic is sound: fewer emissions, more burns, more chains. But the real test will be whether burns can outpace emissions structurally, not merely chase them. Until then, the word “deflationary” remains a promise to be checked quarter by quarter.

Verified sources: solanacompass.com on the VVV listing on Solana via Sunrise/Wormhole NTT (6 October 2026); venice.ai/faqs and venice.ai/blog/tokenomics-update-credit-burns-and-diem-supply-expansion on emissions and burns (1 October 2026); datawallet.com on emissions, supply and the DIEM price (10-11 October 2026); coinmarketcap.com and cryptopolitan.com on the emissions cuts (5 August 2026); venicestats.com/burns on the buy-and-burn (7-11 October 2026).