How much does a VeThor token earn?

VET, a cryptocurrency, is intricately linked to the generation of VTHO, another cryptocurrency. With every block created on the blockchain, a small amount of VTHO is minted for each VET held. This process occurs automatically and seamlessly.

Specifically, the rate of VTHO generation is set at 0.00000005 VTHO per VET per block. Given that a new block is added to the blockchain every 10 seconds, this rate ensures a continuous and predictable flow of VTHO into circulation.

When translated into daily terms, this generation rate equates to approximately 0.000432 VTHO generated per VET per day. This figure provides a clear understanding of the potential earnings for VET holders over time.

For instance, a user who holds 10,000 VET in their wallet can expect to earn a daily reward of 4.32 VeThor. This passive income stream is a significant incentive for investors to accumulate and hold VET.

The mechanism of VTHO generation serves multiple purposes. Firstly, it promotes the use and adoption of VET by providing a tangible reward for holding the token. Secondly, it creates a demand for VTHO, which is necessary for certain transactions and services within the ecosystem.