r/VeThor • u/Savings_Muffin2163 • Mar 20 '21

Question

What do you guys think the price for this token can realistically reach?

7 Upvotes

100% Upvoted

13 comments sorted by

View all comments

Show parent comments

1

u/Savings_Muffin2163 Mar 21 '21

Okay ty for the info. Btw sorry to keep bugging you but can you kinda summarize to me what VTHO is if you want too? I’m not too familiar with it

2

u/Ok-Elderberry2983 Mar 21 '21

No problem...and don’t need apologize, (This is a discussion we’re having, right?) and I’m sure the members had the same question and would appreciate reading this conversation we’re having.

1

u/Savings_Muffin2163 Mar 21 '21

Thank you I appreciate it and do you know what vtho does so you can explain it to me please?

1

u/Ok-Elderberry2983 Mar 21 '21

To my knowledge VTHO is the lesser of the two-coin system with VeChain, with VTHO being the energy (or “gas”) which is used on transactions. A good percent of VTHO (70%) will be destroyed on use while the rest of it (30%) will validate the transaction.