VeThor Token Price

Introduction to VTHO Cryptocurrency

VTHO (VeThor Token) is a token on the VeChain Thor blockchain, with the English full name VeThor Token, also known as the power of Thor. It was issued on July 31, 2018, with an unknown total supply.

Main features:

1. Dual token mechanism: VeChain adopts a dual token mechanism, with two cryptocurrencies - VET and VTHO. VTHO plays a role similar to GAS in NEO, being generated with each new block of VET at a constant issuance rate.

2. Use: VTHO is mainly used for transaction fees in transfer and smart contract transactions on the VeChain Thor blockchain.

3. Generation method: VTHO is generated with each new block of VET, providing VTHO earnings in the wallet as long as the user holds VET.

4. Background: VeChain is a leading global blockchain platform for products and information, committed to creating blockchain solutions for a deeply integrated commercial ecosystem.

5. Founding team: The co-founder and CEO of VeChain is Sunny Lu, who has over 15 years of experience as an IT executive in Fortune 500 multinational companies.