VeChainThor (VET) & VeThor (VTHO)

A Dual-Token Powerhouse – VeChainThor utilizes a unique dual-token system. $VET serves as the primary value-transfer token and is used for activities like staking and participating in governance. Holding $VET generates $VTHO, which acts as the network's gas token, used to pay for transaction fees and smart contract execution. This design separates the cost of using the blockchain from the speculative value of $VET, providing a more stable and predictable cost for enterprises utilizing the platform. A portion of the $VTHO used in each transaction is burned, impacting supply dynamics. This two-token model is central to VeChainThor's enterprise-focused approach, aiming to facilitate real-world adoption through cost-effectiveness and network efficiency.