DropsTab logo - blue line depicting the shape of a water drop with Christmas decoration
M. Cap$2.55 T −0.88%24h Vol$163.67 B −3.43%BTC$75,068.21 −0.96%ETH$2,306.01 −1.19%S&P 500$7,111.85 −0.18%Gold$4,823.79 −0.16%BTC Dominance59.02%

Venice AI launched an automatic buyback and burn of VVV tokens

15 Apr, 2026byDropsCapital
Join Our Socials

Now, every new Pro subscription on Venice automatically triggers a $1 buyback of VVV tokens and their burning. Previously, the team did this manually and at their discretion – now the process works automatically, without human intervention.

Discretionary buybacks have not disappeared – both mechanisms operate in parallel. Since November 2025, 180,000 VVV (~$1.35 million) have already been burned through manual buybacks. Including the March burning of unclaimed airdrop tokens, a total of over 33.7 million VVV have been destroyed – almost 43% of the total supply.

Going forward, Venice plans to increase the buyback size, add new triggers, and gradually automate manual burnings. The goal is to make the token deflationary.

Follow the burnings in real-time: https://venice.ai/token/burns

Continue reading this article on source: venice.ai