What is Vethor crypto and how does it work?
Elyse GrubbJul 09, 2020 · 5 years ago3 answers
Can you explain what Vethor crypto is and how it functions?
3 answers
- Levine CochranSep 06, 2022 · 3 years agoVethor crypto, also known as VTHO, is a cryptocurrency that operates on the VeChainThor blockchain. It is used as a utility token to power transactions and smart contracts on the VeChain network. VTHO is generated by holding VeChain's main cryptocurrency, VET, in a compatible wallet. The more VET you hold, the more VTHO you generate. VTHO can be used to pay for transaction fees and other services on the VeChain platform.
- Hardin MadsenDec 28, 2020 · 5 years agoVethor crypto is a digital currency that operates on the VeChainThor blockchain. It serves as a fuel for the VeChain ecosystem, enabling transactions and powering smart contracts. VTHO is generated through a process called VeChainThor Energy (VET) mining, where VET holders are rewarded with VTHO based on the amount of VET they hold. VTHO can be used for various purposes within the VeChain ecosystem, such as paying for transaction fees and accessing certain services.
- Hùng VũJun 29, 2023 · 2 years agoVethor crypto, also known as VTHO, is a cryptocurrency that powers the VeChainThor blockchain. It is generated by holding VeChain's main cryptocurrency, VET, in a compatible wallet. VTHO can be used to pay for transaction fees, execute smart contracts, and access various services on the VeChain platform. As an investor, holding VTHO can provide you with a passive income stream through the generation of additional VTHO tokens. Overall, Vethor crypto plays a vital role in facilitating the smooth operation of the VeChain ecosystem.
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