VeThor (VTHO) is a cryptocurrency token on the VeChainThor blockchain. VeChainThor is a blockchain platform designed for enhancing supply chain management and business processes. VeThor is used as the energy and smart contract transaction payment on the VeChainThor blockchain, similar to how gas is used on the Ethereum network. Holders of VeChain’s native token, VET, generate VeThor as a reward for holding VET in a VeChainThor wallet. VeThor can be used to pay for transactions, such as executing smart contracts or transferring tokens, on the VeChainThor blockchain.
