VVV Inflation Analysis · October 2026 · Supply growing · projected to keep growing

Venice Token (VVV) supply is growing: +3.00% over the 90 days from Jul 27 to Oct 25 2026, and about +3.48% over the next 90 days. Team vesting released 1.28M VVV and stakers earned 602K VVVof new coins, while Venice's revenue buy-and-burn removed 131,699 VVV and 389K VVV moved back into company wallets. VVV has no supply cap; other trackers show +2.28% because of a one-day recount on Aug 17 2026.

The verdict, in one paragraph

Over the last 90 days circulating VVV grew by a net 1.46M VVV, or +3.00% of today's 48.63M VVV in circulation. Our projection for the next 90 days is a little higher, +3.48%, because team coins keep unlocking at the same pace while the coins sent back into company wallets this summer were one-off moves we do not expect to repeat. Other trackers show +2.28% for the same 90 days, a gap of 0.72 points, so the coin page carries a warning note. That gap is not missing supply: on Aug 17 2026 the circulating figure those trackers use fell by 309,171 VVV in one day, when a staff vesting lockup holding about 316,000 VVV was added to their locked list, and no coins moved on-chain that day. The on-chain reading stands: VVV is inflationary by vesting, with team unlocks and staking pay running well ahead of a revenue-funded burn.

Sell pressure: where new VVV comes from

Protocol inflation is the staking pay. The Venice Token staking contract creates new VVV every few seconds and hands it to stakers, and between Jul 27 and Oct 25 2026 stakers received 602,367 VVV. Venice cut the yearly emission from 3M VVV to 2.5M VVV on Sep 1 2026 and to 2M VVV on Oct 1 2026, so the next 90 days pay stakers about 468K VVV. About 5% of each new batch goes to Venice's main company wallet instead; those coins count only when they leave that wallet.

Vesting unlocks are the biggest source of new VVV. Team and staff coins sit in two on-chain lockups and unlock second by second, and in these 90 days 1,283,468 VVV left them: 1,231,166 VVV from the team lockup and 52,302 VVV from staff lockups. The team lockup runs out on Jan 27 2027, and about 1.24M VVV more becomes free to claim by Jan 23 2027, so vesting stays the main force for one more quarter and then almost stops.

Foundation and unscheduled unlocks came to 93,222 VVV. Venice's main company wallet sent 79,138 VVV to a spending wallet in three monthly payments of about 26K each, on Aug 2, Aug 31 and Sep 29 2026, and we expect three more before Jan 23 2027. A second company wallet paid out 9,134 VVV once in September, and the liquidity wallet sent 4,950 VVV in small weekly amounts. Long-term locked or bankruptcy supply is zero: no bankruptcy estate holds VVV, and the investor grant described below stays locked past this window.

Buy pressure: where new VVV goes

The programmatic buyback is Venice's burn. Part of every Venice subscription, and $5 of every $100 of developer credits, buys VVV on the market and burns it at once, and a larger batch is burned once a month (Aug 7, Sep 8 and Oct 7 2026). Between Jul 27 and Oct 25 2026 the VVV burn destroyed 131,699 VVV, worth about $2.52M. Because the burn is set in dollars, a higher VVV price buys fewer coins: at today's price of about $25.59 the same spending burns about 98.7K VVV in the next 90 days.

The protocol fee burn is zero, because Base does not burn VVV when people pay fees; every VVV burn comes from Venice's revenue. Foundation buying is zero, because the coins Venice buys go to the burn rather than to its own wallets. New long-term locks are zero too: the 33.5M VVV staked, including the 8.38M VVV locked to make DIEM credit tokens, still counts as circulating. One extra row carries the rest: 389,066 VVV moved from the market back into company wallets, mostly 355,000 VVVreturned to Venice's second company wallet on Jul 28, Aug 13 and Oct 5 2026. Those returns have no schedule, so we count none of them in the next 90 days.

Foundation and overhang

Venice keeps a large pile of VVV outside circulation. Its main company wallet holds 20.75M VVV and pays out about 26K VVV a month; its second company wallet holds 8.71M VVV with no release plan; and its liquidity wallet holds 1.57M VVV. The team lockup still holds 1.25M VVV, which runs out on Jan 27 2027, and the staff lockups hold 274.6K VVV that unlock slowly into 2030.

Venice also granted its July 2026 investors 1.5M VVV that stays locked until about Jul 1 2027 and then unlocks over three years, plus the option to buy up to 5M VVV more on the same timetable. The company has said it does not want to sell its own VVV. We read every one of these balances on-chain at each check: if any of them falls between checks, the coins that leave count as new supply at the next check.

How VVV compares to other revenue-burn app tokens

Venice Token belongs to a small group of app tokens whose company uses real revenue to buy its own token. Hyperliquid (HYPE) sends most of its trading fees into buying HYPE, and Pump.fun (PUMP) spends its fee income on buybacks. Venice does the same with a slice of subscription and developer credit sales, but it burns what it buys rather than holding it, so every VVV bought is gone for good.

What sets VVV apart is the other side of the ledger. VVV has no supply cap and still pays stakers in new coins, and its launch-era team vesting has one quarter left to run. In this window the VVV burn cancelled about 7% of the new supply. Fixed-supply tokens with a buyback, where nothing new is printed, shrink as soon as the buying starts; VVV can only shrink once its burn outgrows a staking budget that is now 2M VVV a year. With the team lockup ending on Jan 27 2027 and the emission cut by two thirds since May 2026, that point is closer than it looks from these 90 days.

What to watch in the next 90 days

Around Nov 7 2026:Venice's next monthly batch burn, after Aug 7, Sep 8 and Oct 7 2026; a bigger batch would lift the buy side.

Late October 2026:the main company wallet's next monthly payment of about 26K VVV, after Aug 2, Aug 31 and Sep 29 2026; a larger payment would add to the sell side.

Any new emission cut: Venice has cut staking pay five times since May 1 2026, most recently on Oct 1 2026, and has not announced another; a cut would lower the next 90 days.

Jan 27 2027: the team lockup runs out, four days after this window, which removes the largest source of new VVV from the following quarter.

Summary

Venice Token supply grew +3.00% over the 90 days to Oct 25 2026 and is set to grow about +3.48% over the next 90 days. Most of the new VVV is team vesting, 1.28M VVV, plus 602K VVV of staking pay, against a revenue-funded burn of 131,699 VVV. VVV has no supply cap, and Venice's company wallets still hold about 31M VVV outside circulation. The key change ahead is the end of team vesting on Jan 27 2027: after that, staking pay at 2M VVV a year and the monthly burn are the main forces left.

MrNasDog Pressure Framework analysis of VVV, Metric 1 — Inflation. Data + explanation only. Not financial advice. Checked Oct 25 2026.