When discussing with our partners, PwC, DNV GL and some other prominent entities, within the Apotheosis process it was understood that the economic model was amongst the most pivotal portions of VeChainThor. This model will dictate the longevity, stability, and interest the project will garner. It is for these reasons the development took numerous phases of discussion, and hundreds of hours of testing, to make sure our model met the needs of our current and future stakeholders.

It was a unanimous decision that a two-coin system provided the Foundation the flexibility to create both a store of value, to be used as smart payment currency, and the appropriate means of managing the costs of using the VeChainThor protocol.

We believe our smart contract protocol will liberate many of the barriers currently existing in the modern world and with that task it as our priority to empower EVERYONE that uses our platform. It is precisely this mindset and worldview that leads us to the name VeThor, a Norse God who empowers and protects his people. The power of VEThor comes from the energy that he exudes as the God of Thunder. VeThor is a symbol of might, power, justice and trust and it is only fitting that our second coin is named after the power he uses to be that change.

It is with great honor we present to you VeTHOR POWER and the economic model that powers the VeChainThor protocol.