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Staking VeChain (VET) and VeThor (VTHO) FAQs
Staking VeChain (VET) and VeThor (VTHO) FAQs

Exodus VET wallet staking: What are VeChain staking rewards? Earn VeThor (VTHO) staking rewards by staking VeChain (VET) in Exodus wallet.

Updated over a week ago

Everything you need to know about the VeChain (VET) blockchain including staking VeChain, and its related asset VeThor (VTHO).

Need a crypto wallet that gives you full control of your assets? You can download Exodus here.

In this article:

What is VeChain (VET)?

VeChain is a blockchain that supports blockchain-based business applications. VeChain's vision is to be a distributed business ecosystem enabling transparent information flow, efficient collaboration, and high-speed transfers.

VeChain (VET) is the primary asset on the VeChain network. Staking allows you to earn VTHO rewards, which can be claimed from your Exodus wallet.

Tutorial video: How to Stake VeChain VET

What is VeThor (VTHO)?

VeThor (VTHO) is the secondary asset in the VeChain network. It is used to pay for network transactions.

In VeChain's two-token model, the primary token VET is designated as the utility token, while VTHO serves as the gas token, and pays for blockchain transactions.

How do I send VET?

To send VET, you will need enough VTHO to pay for the network fee. VTHO is generated automatically by holding VET in your wallet.

If you don't have enough VTHO to send a transaction, you will need to obtain some VTHO and send it to your Exodus wallet.

How is VTHO generated?

VeChain (VET) holders generate VeThor (VTHO) automatically.

This means that VET holders receive VTHO tokens for free, enabling them to use VeChain without incurring additional costs, as long as the operations they perform consume less than the VTHO generated.

Additionally, VTHO can be traded, allowing users to acquire extra VTHO for larger-scale operations, such as running applications hosted on the VeChainThor blockchain.

To find out more about Annual Percentage Yield (APY) and how to view the current APY for VET, please visit: What is APY?

How do I receive VTHO?

VTHO is automatically calculated and sent to VET holders. Currently, each VET will create 0.00000005 VTHO with every new block.

Blocks get mined every 10 seconds but sometimes can vary with network conditions. This will affect how much VTHO you receive over time.

Where do I see VTHO in my Exodus wallet?

Enable your VTHO wallet to see your VTHO balance. For instructions, please visit: How do I enable or disable assets in Exodus?

Will Exodus wallets receive airdrops of VET tokens?

All airdrops sent to your address will be stored on the blockchain, but Exodus will not display them in your wallet. You will need to use another VET wallet to access them.

It is advised to exercise caution when exporting your private key to another wallet. For more information, please visit: How do I manage airdrops in Exodus?

How do I claim and send the VTHO in my Exodus wallet?

If you have VET in your Exodus wallet then Exodus will automatically claim your VTHO for you. You can send VTHO as a regular transaction.

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