Terms of Service
Agreement to terms
These Terms of Service ("Terms") govern your access to and use of the Vvvroom deposit platform (the "Platform") operated by Vvvroom (the "Company," "we," "us"). By connecting a wallet and depositing VVV, you agree to these Terms. If you do not agree, do not use the Platform. See our Privacy Policy for how we handle data.
1. What the Platform does
The Platform lets a holder of VVV tokens lock a quantity of VVV for a fixed term. The locked VVV is directed into pooled Venice inference capacity through Venice's own mechanics. While locked, the deposit accrues Points — non-transferable usage credits that have no cash value and are earned for keeping VVV deposited. At the end of the term, the depositor may withdraw the same quantity of VVV that was locked. The VVV itself is not spent, sold, or transferred into the operating businesses.
2. Eligibility
You may not use the Platform if you are under thirteen (13) years of age, or under the minimum age of digital consent in your country. If you are under eighteen (18), you may use the Platform only with the consent of a parent or guardian. You must have the legal capacity to enter into these Terms, and you are responsible for any tax arising from your use of the Platform.
3. Deposit mechanics
When you deposit, you select an amount of VVV to lock and a lock term from the available tiers:
Points accrue continuously at 1 point per day per VVV, before your tier multiplier, while the VVV remains locked. The rate, multipliers, and tiers describe the current program and may be adjusted prospectively; changes do not apply retroactively to deposits already locked. Initial deposits are capped at 6,000,000 VVV in aggregate.
3a. Seed period (current)
Until the audited deposit contract goes live (target Sep 30, 2026), the standard lock tiers above are not yet available. During this seed period, deposits run through the Company's existing off-chain Points ledger and Company-controlled custody (Section 4) and accrue a flat introductory 15× Points per day. Your VVV is transferred to Company-controlled custody at deposit, and the deposit and its Points are tracked off-chain. Seed deposits remain locked through the seed period — there is no early withdrawal. When the audited staking contract goes live, seed deposits transition to standard staking, after which the withdrawal process in Section 6 applies.
4. Custody
Deposited VVV is held in Company-controlled custody — a Safe smart-contract wallet on Base operated by the Company. Company-controlled custody reduces certain risks but does not eliminate the risk of loss, key compromise, or operational failure.
5. Lock term and no early withdrawal
Your deposit is locked for the full term you select. There is no early withdrawal, no early redemption, and no emergency exit. You cannot access, transfer, sell, or borrow against your locked VVV before the term ends, regardless of changes in VVV's price, your circumstances, market conditions, or the status of the Company, Venice, or VAI. You accept this illiquidity as a condition of depositing.
6. Redemption and withdrawal
Withdrawal is a two-step process. After your lock term ends, you submit a withdrawal request, which begins a 14-day cooldown; once it elapses you submit a second transaction to claimthe same quantity of VVV you locked. The cooldown is the window in which the Company returns your VVV from Venice staking (a DIEM burn followed by Venice's 7-day sVVV unstake). Both transactions are sent from your wallet and require applicable network gas.
7. Points
Points are non-transferable usage credits earned for keeping VVV deposited. They have no cash value, cannot be redeemed for cash, and may be adjusted, recognized for future access to Venice or Vvvroom features, or discontinued under terms published at that time. The Company does not guarantee any particular future use, recognition, or value for Points.
8. Changes
The Company may modify the Platform, program parameters, or these Terms prospectively; changes do not retroactively alter a deposit already locked. Continued use of the Platform after a change takes effect constitutes acceptance of the updated Terms.
9. Prohibited use; export and sanctions compliance
You agree not to use the Platform to violate any applicable local, state, national, or international law, to evade sanctions, to launder funds, or to manipulate markets. You represent and warrant that you are not located in, organized under the laws of, or a resident of any country or region sanctioned under U.S. laws, and that you will not use, export, or make the Platform available to or for the benefit of any such country, region, or person.
10. Disclaimer of warranties
The Platform and any smart contracts are provided "as is" and "as available," without warranties of any kind, whether express, implied, or statutory, including any implied warranties of merchantability, fitness for a particular purpose, title, and non-infringement, to the maximum extent permitted by applicable law.
11. Limitation of liability
To the maximum extent permitted by law, the Company will not be liable for any indirect, incidental, special, consequential, or exemplary damages, or for any loss of tokens, value, or data, arising out of or relating to your use of the Platform. The Company's aggregate liability for any claim relating to the Platform will not exceed the amount, if any, you paid to the Company for the Services in the twelve (12) months preceding the claim.
12. Governing law and dispute resolution
These Terms are governed by the laws of the State of Wyoming, USA, without regard to its conflict-of-laws rules. Any dispute arising out of or relating to these Terms or the Platform will be resolved by binding arbitration in Wyoming under the rules of the American Arbitration Association. You and the Company waive any right to a jury trial and agree that claims may be brought only on an individual basis, not as a plaintiff or class member in any class or representative proceeding.