Manifesto

The next decade will be decided by who owns inference.

For most of computing's history, the scarce resource was storage, then compute, then bandwidth. None of those are scarce anymore. What is scarce — what will stay scarce — is the right to run intelligence.

Inference is the new oil. We are early to it being priced as a commodity.

DIEM

Venice was the first to tokenize this. One DIEM gives its holder one dollar a day of API credit on the world's leading models, forever. The credit is daily — what isn't used in twenty-four hours is gone.

Most DIEM holders don't use their daily allowance. Some use 10%. Some use 0%. The remainder evaporates.

That's the gap Cache lives in.

What Cache does today

Cache is a vault. You deposit DIEM. The vault stakes it on Venice and sells the daily inference credit on inference marketplaces — Surplus Intelligence first, others to follow. The USDC earned is swapped back into DIEM. Your share of the vault, vDIEM, claims a growing slice of the underlying.

You stake DIEM. You earn DIEM. You sleep.

That's it. No leverage. No emissions token. No vote-locked governance theatre. The vault holds your DIEM staked on the public Venice contract; it has no power to drain you; it has no admin escape hatch.

This is Phase 0.

What Cache becomes

Compounding a single user's DIEM is the first step, not the destination.

The protocol's revenue, less operating costs, will be used to acquire DIEM into a protocol-owned treasury. Other protocols have spent years buying their own liquidity. We're applying the same instinct to a scarcer commodity. Protocol Owned Inference. POI.

The thesis is straightforward:

Inference is becoming the most important commodity of the next decade.
Tokenized inference — DIEM today, others later — is the cleanest claim on it.
A protocol that quietly accumulates inference over years owns infrastructure-grade exposure to AI growth, without picking which model, which company, which generation of chips.

Cache's job is to be that protocol.

Phases

Phase 0 · Vault

Live now

ERC-4626. Auto-compound DIEM via inference resale. Conservative deposit cap. No emissions. No fees beyond what's required to keep the lights on.

Phase 1 · POI accumulation

Surplus to treasury

Once the vault is profitable beyond operating costs, the surplus is routed to a protocol treasury that holds DIEM. The treasury never sells; it only accumulates. Holdings, harvest history, and treasury balance are all on-chain and public.

Phase 2 · Public good

Shared inference

Long-term, the protocol's inference capacity becomes a shared resource. Mechanism design is open. Possible directions: subsidized inference for public-interest research, a permissionless agent endpoint, governance over what fraction is dedicated to what. We'll show our work as we get there.

What this is not

Not a play on DIEM price. The vault wins whether DIEM is $100 or $10,000.
Not a yield farm. Real yield comes from real inference being sold. If demand falls, yield falls. We will not paper over that with emissions.
Not a governance token wrapper. There is no $CACHE today. If one launches later, it will be to accelerate the treasury's accumulation of DIEM — not to extract value from depositors.
Not a substitute for self-custody. If you can fully use your own daily DIEM credit, you should — directly. Cache exists for the rest.

What we owe you

Open-source contracts. Open-source scripts. Open-source UI.
Audited code before any meaningful TVL.
Honest, plain-language risk disclosure next to every action.
A treasury whose every move is public.
No emails. No newsletters. No "community" theatrics.

If you can't read the contract, don't deposit.

If you want to deposit, withdrawals are batched daily and Venice imposes a 24-hour unstake cooldown. Expect 1–2 days from request to claim.

The vault is one floor of a building.
The building is Protocol Owned Inference.

— cache.