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VeThor Token is a key component of the VeChainThor blockchain ecosystem. It serves as the energy or gas token that powers transactions and smart contract executions on the network. Users need to hold VeThor Token to perform various operations, making it essential for decentralized applications.
As a utility token, VeThor Token is generated by holding the primary VET token. This dual-token model ensures the sustainability and efficiency of the VeChain platform, supporting businesses in supply chain, IoT, and other industries. |
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