VeThor Token (VTHO) is a fascinating cryptocurrency that plays a crucial role in the VeChainThor blockchain ecosystem. It's one of the two tokens used on the platform, with the other being VeChain Token (VET). VTHO represents the cost of using the VeChainThor blockchain and facilitates processes and transactions on the network, essentially acting as the smart contract layer ¹.$VTHO
*Key Features:*
- _Dual-Token System_: VTHO and VET are mutually dependent, allowing for fast transactions and operations for enterprise services on the Blockchain-as-a-Service (BaaS) platform ².
- _Smart Contract Layer_: VTHO enables users to initiate multi-party payments and operate multi-task transactions.
- _Gas Currency_: VTHO is required for every transaction made on the network and is used for sending data to smart contracts.
*Tokenomics:*
- _Circulating Supply_: 81,332,844,729 VTHO coins ¹.
- _Generation_: VTHO is generated by holding VET, with 0.00000005 VTHO created per VET per block ².
- _Destruction