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Venice AI $VVV token burn removes 21,778 tokens from supply, reinforcing scarcity as adoption of its AI tools grows.
Author: Kritika Gupta
Steady attention without excessive speculation.
10th March 2026- Venice AI has completed another major token burn, removing more than 21,778 $VVV tokens from circulation in a single on-chain transaction. The burn, valued at roughly $113,683 at the time of execution, represents the latest step in the platform’s ongoing deflationary strategy.
The event took place on March 9, 2026, and reflects revenue generated during February. Venice AI operates a model in which a portion of platform revenue is used each month to buy back $VVV tokens and permanently remove them from supply. This mechanism ties platform growth directly to token scarcity. As adoption increases, the amount of tokens removed from circulation may also increase.
High Signal Summary For A Quick Glance
Kevin Lee🐧
@0xKevinRich
2 million users. Huge surge. EXPAND allocation for holders. $VVV Venice AI is on fire right now. 💰 This is how holders are cashing in 💰 https://t.co/ftocgTLNlu Venice just hit 2M registered users. And they’re giving back to holders with EXPAND allocation. The math’s https://t.co/bJscxb5Neu
04:21 PM·Mar 9, 2026
Venice AI introduced its revenue-based burn model in December 2025. Under this system, the company allocates part of the previous month’s earnings to buy $VVV tokens on the open market and send them to a null address. Once transferred to this address, the tokens become permanently inaccessible.
The first revenue-based $VVV Token burn occurred on December 8, 2025, when the platform removed 57,061 tokens worth about $309,845. After that, Venice conducted additional burns in January and February 2026. January’s burn removed 45,303 tokens valued at roughly $240,107. February’s burn eliminated 37,826 tokens worth about $203,127.
Earlier in 2025, Venice also carried out a one-time burn of 33.7 million unclaimed airdrop tokens. That event significantly reduced supply before the revenue-linked burn model launched.
Meanwhile, Venice AI continues to expand its core platform. The company focuses on privacy-focused and uncensored AI tools, including generative models and API services. The platform now processes millions of daily AI queries. In addition, new features such as music generation tools and expanded API integrations contributed to revenue growth during February. As a result, that revenue supported the March burn.
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The most recent burn occurred through transaction hash
0x4cc9b0b5c2cfdbb6f36efe709e286278cae9984e6a5f101c240818e525675bc0 on the Base blockchain network.
The transaction moved 21,778.39 $VVV token from Venice AI’s treasury wallet to the blockchain’s null address. Once transferred, the tokens became permanently removed from circulation.
At an average market price of about $5.22 per token, the burn removed approximately $113,683 in value from the available supply. Consequently, the circulating supply of $VVV dropped to below 79 million tokens.Importantly, Venice maintains transparency around these events. Users can verify every burn transaction on Basescan, while the platform also tracks burns through its public token dashboard.
Relative positioning across recent $VVV burn events
Venice AI’s deflationary strategy could have meaningful long-term effects on the $VVV token economy. As the platform generates more revenue, the buy-and-burn model reduces supply while demand potentially grows alongside user adoption.
For example, the February burn coincided with a major change to token emissions. Venice reduced annual emissions by 25 percent, lowering the yearly output from 8 million tokens to 6 million. Following that announcement, $VVV experienced a strong rally during February and rose roughly 196 percent, moving from below $2 to more than $6.78.
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