#vtho

The VTHO Token (VeThor Token) is the operational fuel (or "gas") for the VeChainThor blockchain platform.

VeChainThor uses a dual-token system (VET and VTHO), and #VTHO plays a critically important utility role in it.

⛽ The main purpose of VTHO:

1. Payment of Fees (Gas):

• VTHO is used to pay all transaction fees and the cost of executing smart contracts on the VeChainThor network.

• With each transaction, the #VTHO used is burned, creating deflationary pressure.

2. Stabilization of Operational Costs:

• The main reason for the separation into two tokens is to separate the cost of using the network (fees) from the volatility of the underlying asset (VET).

• This allows large corporations using #vechain to manage supply chains or other business solutions to plan their operational expenses accurately without worrying about daily fluctuations in the price of VET.