VeThor Token is one of the two native tokens of the VeChainThor blockchain, designed to cover transaction fees and smart contract execution. It is part of VeChain’s dual-token model, where VeChain Token (VET) serves as the main value-transfer asset, while VTHO is used to pay for network operations. This separation helps businesses predict costs and avoid market volatility when using blockchain technology. VeThor Token is automatically generated by holding VET, making it an essential part of the VeChainThor ecosystem.
VTHO acts as the gas token for transactions on the VeChainThor blockchain. Every time a user interacts with the network—whether by transferring assets, executing smart contracts, or verifying data—VTHO is used to process and confirm the transaction. The blockchain operates on a Proof-of-Authority (PoA) consensus mechanism, which relies on trusted Authority Masternodes to validate transactions efficiently. VTHO is generated at a fixed rate based on VET holdings, ensuring a continuous supply of tokens to cover network fees without exposing users to unpredictable costs.
VeThor Token was created as part of the VeChain project, which was founded by Sunny Lu in 2015.
VTHO, the native token of the VeChainThor blockchain, is available on various exchanges. It has a circulating supply of approximately 85.86 billion tokens, though this number fluctuates as new tokens are generated and burned.
Consider investing in VeThor (VTHO)? Follow these steps:
1. Create an account on Bitget .
2. Verify your identity.
3. Deposit funds.
4. Check out the available VeThor trading pairs on Bitget.
VeThor Token is a utility token, and its value depends on VeChain’s adoption and network usage. Since it’s used for transaction fees, demand is driven by real-world blockchain activity. As with any crypto investment, market trends and risks should be considered.
Buy VeThor Token in Trinidad & Tobago with Bitget