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VET

VeChain

A ledger for stuff that moves: goods, proofs, supply chains.

Launched
2015 / 2017 mainnet
Consensus
Proof of Authority
Settlement
Seconds
Supply
Fixed VET; VTHO as gas
Job
Supply chain

What it is

VeChain is a dual-token network. VET is the value token. VTHO is the energy/gas token generated by holding VET. The product pitch is real-world tracking — luxury goods, food, logistics — with enterprises writing proofs onto a public ledger.

The two-token trap

Beginners buy VET and ignore VTHO, or vice versa. Fees are paid in VTHO. If you do not understand that split, you do not understand the asset. Same rule as every other coin on this site: know what you hold and why the network needs it.

Not financial advice. Knowing a ledger is not the same as buying the asset.

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