VeChain Thor (VET) is a blockchain with the goal of solving real world problems.

A Blockchain Application Platform Driven By Enterprise Adoption.

• The VeChain ecosystem is designed to help streamline supply chain management and serve as an enterprise blockchain solution. The protocol’s vision involves using blockchain technology to make the transfer of information and data more efficient — and non-reliant on any single entity or individual.
• VeChain features two kinds of tokens, VeChain Token (VET) and VeThor Token (VTHO). While VET has a fixed supply of ~86.7B tokens, VTHO is issued as a block reward to VET holders. VTHO is required for smart contract and transaction executions. Consensus is achieved on a threefold-level: (1) technical level, (2) business level, and (3) governance level.
• VET is used for value transfer and node staking while VTHO serves as the native gas token for network computation.
• The issuance of VTHO is adjusted via the on-chain governance model to stabilize the fiat-denominated transaction costs. This clear governance model differentiates between three kinds of voters with various operational permissions.
• Binance.US customers can buy, sell, trade, convert, and stake VeChain (VET).
• VET staking rewards are paid out on a weekly basis with no mandatory lock-up periods, so customers can unstake their VET anytime to access their principal VET funds and accrued VTHO rewards.In addition to VET, Binance.US customers can also buy, sell, and convert VTHO.

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