Woofun AI reports that Venice has updated its token economic model by introducing a new destruction mechanism. For every $100 of credit purchased, $5 will be allocated to buy and burn VVV tokens, with this option appearing separately on the destruction page alongside existing Pro, Pro+, and Max subscription burns.

The project also raised the DIEM supply target from 38,000 to 40,000. This expansion occurs in four phases, adding 500 DIEM per phase between August 3 and September 14. Stakers continue to receive $1 in daily API credit per staked DIEM, with the allowance refreshing every day.