VeChainThor (VTHO) is a secondary token of the VeChainThor blockchain, used as “gas” for transactions and smart contract execution. It’s generated by holding VeChain Tokens (VET). The VeChainThor platform, founded by Sunny Lu and Jay Zhang, is a blockchain system for enterprise use and supply chain management. It enhances supply chain processes by ensuring product authenticity, traceability, and quality. The platform features multi-party payments and controllable transaction lifecycles for business flexibility and efficiency. While VET is staked and held for value, VTHO is used for operational activities, decoupling usage cost from market speculation.
