VeThor Token

VeThor Token (VTHO) is the energy or gas token used within the VeChainThor blockchain ecosystem. It is designed to facilitate transactions and smart contract executions on the VeChainThor platform. Unlike traditional blockchains, where transaction fees are paid in the primary token, VeChain employs a dual-token system where VET is the primary value-transfer token, and VTHO is consumed as gas for transactions and smart contract operations. This system aims to decouple the cost of using the blockchain from the market price of VET, providing a more stable and predictable transaction cost.