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VeThor Token is one of the two tokens employed by the VeChainThor public blockchain, and acts as the gas token for the network.
While the VeChain Token (VET) is the native token for the platform, VeThor Token (VTHO) plays an essential role in the overall functionality of the blockchain by acting as gas. The separation of protocol token and gas token provides VeChain flexibility in terms of managing network costs, and allows clients to confidently use the blockchain without too much concern over price volatility and usage cost fluctuations.
The VeThor Token is a VIP-180 Standard token. Its primary purpose is to facilitate processes and transactions on the blockchain, and it essentially represents the smart contract layer of the network.
How Many VeThor Token (VTHO) Coins Are There in Circulation?
The VTHO gas token is derived from the VET token. In order for transactions to be processed on the VeChainThor blockchain, VTHO tokens are minted by holding/staking VET tokens.
The VTHO supply has no supply cap, and is a factor of generation and burn rates.
The live VeThor Token price today is $0.001928 USD with a 24-hour trading volume of $3,061,970 USD. We update our VTHO to USD price in real-time. VeThor Token is up 1.59% in the last 24 hours. The current CoinMarketCap ranking is #250, with a live market cap of $179,151,795 USD. It has a circulating supply of 92,912,400,831 VTHO coins and the max. supply is not available.