What is VeThor (VTHO)?

VeThor (VTHO) coins are used to power the VeChain network. New VTHO coins are continuously generated for VET coin holders each time a new block is created. A new block is typically added to VeChain's ledger once every 10 seconds, and each VET generates 0.00000005 VTHO per new block, which translates to approximately 0.000432 VTHO generated per VET per day. VET holders can increase the VTHO generation rate of their VET coins by placing their coins in different nodes, which are tiered in accordance with their staking requirements. VeChain's economic model is designed to prevent transaction fees from fluctuating in relation to the price of VET, thus ensuring transaction fee consistency and predictability.