VeThorVTHO
Convert VTHO to your currency
Last Updated on Sep 29, 2025 12:29 AM
What is VeThor?
About the coin
VeThor Token (THOR) is an integral part of the VeChain ecosystem, which operates on a dual token system alongside the VeChain Token (VET). The VeChain platform is designed to enhance supply chain and business processes, and the VeThor Token plays a crucial role in this ecosystem by facilitating transactions and operations.
Main features
The VeThor Token is primarily used to pay for applications and transactions on the VeChain network. It is generated as a reward for holding VeChain Tokens, similar to the relationship between NEO and GAS in the NEO blockchain. This dual token system is designed to separate the cost of using the network from the market value of the VeChain Token, providing a more stable and predictable cost structure for enterprises.
How it works
VeThor Tokens are generated daily based on the amount of VeChain Tokens held by a user. This mechanism incentivizes holding VET, as it directly results in the accumulation of THOR, which can be used to cover transaction fees and other costs on the network. The VeChain platform aims to provide a more enterprise-friendly blockchain solution by decoupling the utility token's cost from the network's usage, unlike other blockchains like Ethereum and Bitcoin. This approach is intended to make the platform more attractive for businesses looking to deploy applications without facing volatile transaction costs.
Wallet for VeThor
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Tangem supports networks for VeThor
- Vechain
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VeThor FAQ
- Owning cryptocurrency can be important for several reasons: it provides a decentralized way to store and transfer value, offers potential for investment growth, enables participation in emerging financial technologies, and can be used for secure and private transactions.
- A cryptocurrency wallet is a tool or device that allows you to store, manage, and use your cryptocurrency. It keeps your private keys secure and enables you to interact with various blockchain networks, including Bitcoin and Ethereum.
- When choosing a cryptocurrency wallet, consider factors such as security, ease of use, and cryptocurrencies supported. Also determine whether you prefer a hardware or software wallets. Research reviews and compare features to find the best option for your needs.
- The VeThor Token isa VIP-180 Standard token, which represents the cost of using the VeChainThor blockchain. Its primary purpose is to facilitate processes and transactions on the blockchain, and it essentially represents the smart contract layer of the network.
How to secure VeThor with Tangem Wallet?
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Why choose VeThor wallet with Tangem.
Private. No registration and KYC required to use the app. We don't track your data.
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