Gate.io will Airdrop VTHO (VeThor) and Open VTHO/ETH Market

2019-02-25 15:03:30 Read：122038

Gate.io is going to distribute VTHO to Vechain holders and enable VTHO /ETH market.

Airdrop VTHO

Gate.io is going to distribute VTHO to VET holders every two weeks based on their daily VET balance snapshot. (To make it more fair, we take snapshot at a random time every day. )

100% of VTHO generated on gate.io will be distributed to gate.io VET holders .

At the beginning ,we will distribute VTHO to VET holder 2 times of its official ratio.

When all the extra VTHO are distributed (maybe after 3-5 months), we will distribute VTHO at the official ratio.

VTHO generation is about 19.5 Billion yearly and the generation rate is not a fixed one. The average daily rate is about 0.000432 VTHO /VEH holding, calculated based on the current rate.

VTHO Trading:

VTHO/ETH trading is going to be available on gate.io at Feb26 04:00 UTC.

VTHO deposit on gate.io is available. And you can deposit it now.



When a market is newly available, price may fluctuate dramatically due to insufficient liquidity. Please be aware of risks.

Currently,VTHO is exchanging at price around 0.00055 USD on some exchanges.

At the current price,yearly return of VTHO generation from holding VET is about 1.5 %. This rate is not high. And it is not expected to trigger big fluctuations to the VET price.

Please be cautious about your price expectation and do not invest beyond your financial abilities.





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