VeChain’s Dual-Token System: How VET and VTHO Work
Unlike many cryptocurrencies, VeChain operates on a dual-token system: VET and VTHO. This unique model enhances scalability and stability. But how does it work?
Understanding VET and VTHO
1. VET (VeChain Token) – The primary currency of the VeChain ecosystem, used for transactions and staking.
2. VTHO (VeThor Token) – Fuels smart contracts and network transactions, reducing volatility in transaction costs.
Benefits of VeChain’s Dual-Token System
Stable Fees: Unlike Ethereum, where gas fees fluctuate, VTHO maintains stable costs.
Rewards for Holding VET: VET holders automatically generate VTHO, providing passive income opportunities.
Efficient Business Adoption: Businesses using VeChain can predict transaction costs with more accuracy.
Use Cases & Adoption
Logistics: Companies use VTHO to pay for blockchain transactions.
Developers & Enterprises: Lower operational costs make VeChain attractive for blockchain adoption.
Conclusion
VeChain’s dual-token system sets it apart from traditional cryptocurrencies by offering a sustainable, cost-effective, and scalable solution for blockchain adoption.
