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VeChainThor is a blockchain-based payment platform. The users are allowed to access tools to support their business applications and perform cryptocurrencies transactions through a distributed business ecosystem that uses a blockchain-based technology, the Vechain. VeChainThor was designed as a twin-token system to facilitate activities at both levels, namely, VET and VTHO.
The VTHO token is a cryptocurrency developed by VeChain. It is one of the twin-tokens, which main role is to fuel the platform and represents the underlying cost of using VeChain, it will be consumed (or, in other words, destroyed) after certain blockchain operations are performed. Note that, as a gas token, the VTHO does not hold a max supply of tokens.
Try our free VeChainThor (VTHO) portfolio tracker if you want to efficiently keep track of your VTHO and other coin/token investments.