VeThor Token Price

VeThor Token ($VTHO) operates as a VIP-180 standard token, uniquely tied to the functionalities of the VeChainThor platform. It is not merely a cryptocurrency but a utility token specifically designed to cover the costs associated with transactions and executing smart contracts on the VeChainThor blockchain.

The generation of VTHO is directly linked to holding its counterpart, VeChain Token (VET). This relationship forms a dual-token model, where VET generates VTHO at a consistent rate, effectively making VTHO the fuel that powers various operations within the ecosystem. Crucially, the primary function of VTHO is to act as 'gas' for transactions on the network, ensuring smooth and efficient operations while maintaining the integrity of the blockchain technology.