In the case of VeChain (VET), you receive dividends for holding VET on your wallet address or receive extra dividends for setting up a node or a master node.
VET/VTHO?
VET works as a payment currency for business activities. VeThor (VTHO) is used as a fee for smart contracts execution, transaction creation, dividends for holding VET or being a node or master node.
When you execute smart contracts or proceed with any operations stated above you spend some VTHO. It is used as a fee on VeChain blockchain for network needs:
- 30% of the used VTHO is transferred as a reward to nodes or masternodes.
- 70% is being burned to prevent the system from inflation.
For holding VET, you receive dividends, approximate ROI is 2.2%. Every 10 seconds (when a new block is created) you automatically receive VTHO on your address. All you need to do is just hold funds on your account.
VTHO Staking: Profit
To receive 1 VTHO a day you will need to hold 2,314.8 VET on your wallet address. Basically, if you’re interested in high profits you need to set up a master node which will cost you about 10-25M of VET which seems to be pretty huge.
$1000 worth of VET will guarantee you with a $20 yearly profit.
How to receive VTHO for holding VET?
- Install Atomic Wallet
- Send VET to your Atomic Wallet address.
- Wait for VTHO distribution.
If you have any questions about VeChain staking, feel free to contact us via Telegram chat or Website widget. Atomic Support works for you 24/7.
As a seasoned blockchain and cryptocurrency expert, I've been deeply immersed in the world of decentralized technologies, and I've closely followed the development and intricacies of various blockchain projects, including VeChain (VET). My extensive knowledge is not just theoretical but is grounded in practical experience and a comprehensive understanding of the underlying technologies.
Now, let's delve into the concepts mentioned in the article about VeChain and the VET/VTHO ecosystem.
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VeChain (VET) and Dividends:
- VeChain (VET) provides dividends to holders. This means that by simply holding VET in your wallet address, you earn rewards.
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Nodes and Masternodes:
- Setting up a node or masternode in the VeChain network offers additional dividends. This implies that participants can earn extra rewards by actively participating in the network's operations.
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VET as a Payment Currency:
- VET serves as a payment currency for business activities within the VeChain ecosystem.
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VeThor (VTHO) and its Uses:
- VeThor (VTHO) is utilized as a fee for various activities, including executing smart contracts, creating transactions, and providing dividends to VET holders or those operating nodes or masternodes.
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VTHO Usage in Transactions:
- When users execute smart contracts or perform specified operations, they spend VTHO as a transaction fee on the VeChain blockchain.
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VTHO Reward Distribution:
- 30% of the used VTHO is transferred as a reward to nodes or masternodes.
- 70% of the used VTHO is burned to prevent inflation in the system.
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VET Dividends and ROI:
- Holding VET allows users to receive dividends, with an approximate Return on Investment (ROI) of 2.2%.
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VTHO Staking for Profit:
- To receive 1 VTHO per day, you need to hold a specific amount of VET in your wallet (2,314.8 VET).
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Master Node Setup:
- Achieving higher profits involves setting up a master node, which requires a substantial amount of VET (10-25 million VET).
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Economic Perspective:
- The article provides a financial perspective, stating that $1000 worth of VET can guarantee a $20 yearly profit.
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VTHO Distribution Process:
- Users can receive VTHO by installing the Atomic Wallet, sending VET to their Atomic Wallet address, and then waiting for the VTHO distribution.
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Support and Communication:
- The article encourages users to reach out for questions or assistance via Telegram chat or the website widget, with the assurance of 24/7 support from Atomic Wallet.
In conclusion, the VeChain ecosystem, as outlined in the article, is designed to incentivize participation, reward holders, and maintain the stability of the network through mechanisms like VTHO burning. The economic model encourages users to actively engage in staking, setting up nodes, or even master nodes for increased rewards.
FAQs
Latest VeChain (VET) staking rewards
| Platform | Coin | Interest rate |
|---|
| Bitmart | VeChain (VET) | Up to 0.4% APY |
| Binance | VeChain (VET) | Up to 1.5% APY |
| Atomic Wallet | VeChain (VET) | Up to 1.63% APY |
| Exodus | VeChain (VET) | Up to 0.9422% APY |
With each new block generated on the network, the system creates 0.00000005 VTHO per one VET held by the users. One block is created every 10 seconds, which means that a user with 1 VET in their account can earn 0.000432 VTHO per day.
Is it worth staking VeChain? ›
VTHO Staking: Profit
To receive 1 VTHO a day you will need to hold 2,314.8 VET on your wallet address. Basically, if you're interested in high profits you need to set up a master node which will cost you about 10-25M of VET which seems to be pretty huge. $1000 worth of VET will guarantee you with a $20 yearly profit.
How to earn VTHO from vet? ›
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.
Which staking is the most profitable? ›
Examples include Ethereum, Cardano, and Solana. Which coin has the highest ROI from staking? BNB has the highest real reward rate of all the cryptocurrencies listed in this article. While some cryptocurrencies offer higher nominal staking rewards, you should take into account inflation to determine 'real reward rate'.
What is the all time high for vet VeChain? ›
The highest price paid for VeChain (VET) is $0.281, which was recorded on Apr 19, 2021 (about 3 years).
Can VeChain reach $3? ›
However, given the long-term trajectory, the price of VeChain could reach as much as $3 to as low as $0.36 as Vechain aims to disrupt the supply chain market.
Can VeThor tokens reach $10? ›
VeThor Token would need to gain 345,633.78% to reach $10. According to our VeThor Token prediction algorithm, the price of VeThor Token will not reach $10. The highest expected price our algorithm estimates is $ 0.008564 by Jan 1, 2029.
How high can vet token go? ›
The live price of the VeChain token is . VET price could have a maximum value of $0.0776 by the end of 2024. VeChain price with a potential surge could go as high as $0.300 by the end of 2030.
Why not to invest in VeChain? ›
Its solutions for real-world challenges like supply chain management and product verification position it for sustained success in the evolving blockchain sector. However, critics state the centralized nature of VeChain governance is stifling community-based development and innovation.
The forecast for VeChain (VET) remains positive for 2028, with a consistent average price target of €0.13 . This represents a significant growth of about 334.78% compared to the current value. Such stability in growth expectations can provide investors with a sense of confidence in VeChain's long-term prospects.
Is staking better than holding? ›
Here are some of the key differences. Hodling does not increase the number of tokens a person is holding. Staking, apart from blocking the tokens, also rewards the user for validation and other purposes the tokens are staked for. So, the number of tokens increases in staking.
Can VeChain hit $100 dollars? ›
Yes, Vechain Can Reach 100 Dollars
However, it is unlikely to happen anytime soon as growth will slow down now that most of the market is under capture. If Vechain were priced at $100, it would have a market cap of almost 6.5 Trillion USD.
How much is $1000 usd in VeChain? ›
USD to VET
| Amount | Today at 9:08 am |
|---|
| 50 USD | 1,586.80 VET |
| 100 USD | 3,173.60 VET |
| 500 USD | 15,867.98 VET |
| 1,000 USD | 31,735.96 VET |
4 more rowsVeThor Token Price Prediction 2025
We project that VTHO could reach the notable highs of $0.062 and will potentially maintain an average around $0.045 throughout 2025.
What is the most profitable ADA staking? ›
Best Places To Stake ADA (Cardano)
- Daedalus: Best Place to Safely Stake Cardano. ...
- Yoroi: Best ADA Staking on Browser Extension. ...
- Binance: Best Place to Stake ADA (Cardano) for High Returns. ...
- Exodus Wallet: Best ADA Staking Several Coins. ...
- Kraken Exchange: Best Cardano Staking Pool for Beginners.
How much can I make staking Cardano? The current estimated reward rate of Cardano is 1.91%. This means that, on average, you can earn about 1.91% for current block/epoc rewards for Cardano.
What is the best ledger for staking rewards? ›
Latest Ledger staking rewards
| Coin | Platform | Interest rate |
|---|
| Ethereum (ETH) | Ledger | Up to 7% APY |
| Solana (SOL) | Ledger | Up to 5% APY |
| Polkadot (DOT) | Ledger | Up to 14% APY |
| TRON (TRX) | Ledger | Up to 5% APY |
2 more rowsThe current estimated reward rate of NEAR Protocol is 9.17%. This means that, on average, stakers of NEAR Protocol are earning about 9.17% if they hold an asset for 365 days. 24 hours ago the reward rate for NEAR Protocol was 9.19%. 30 days ago, the reward rate for NEAR Protocol was 9.14%.
