VeChain | Trading Non Stop

What is VET?

VeChain (VET) is a blockchain platform built specifically for businesses to improve supply chain management and streamline operations by providing transparency and secure data tracking.

Business-Focused Blockchain – VeChain offers tools that help companies track products, confirm authenticity, and manage information across industries like shipping, luxury goods, and farming.
Two-Token System – The platform uses VET for transferring value and making decisions, while VTHO is used to pay for transaction fees. This setup keeps transaction costs stable and separate from market price changes.
Delegated Proof-of-Stake (DPoS) – VeChain’s network is secured by VET holders who delegate their tokens to trusted validators. These validators process transactions and maintain the network, earning rewards while supporting a decentralized system designed for enterprise needs.

Deep Dive

1. Purpose & Value Proposition

VeChain addresses common challenges businesses face, especially in supply chains. By combining blockchain technology with Internet of Things (IoT) devices and smart contracts, it allows companies to securely track a product’s journey from production to the customer. This helps reduce fraud, build trust, and increase transparency in industries like pharmaceuticals, food, and luxury goods. VeChain is designed to meet regulatory standards and provide easy auditing, making it a practical solution for large companies.

2. Technology & Architecture

VeChainThor, the blockchain behind VeChain, recently upgraded to a Delegated Proof-of-Stake (DPoS) system called Hayabusa. In this system, VET holders delegate their tokens to 96 professional validators—such as Meria and Fenbushi Capital—who create new blocks and confirm transactions. This approach balances speed, scalability, and decentralization, which is important for business applications. A unique feature is VeChain’s two-token model: VET is used for staking and governance, while VTHO pays for transaction fees, helping businesses predict and control their costs.

3. Tokenomics & Governance

There are 85.99 billion VET coins in total, all currently in circulation. When you stake VET, you earn VTHO tokens as rewards, which also helps secure the network. The recent StarGate upgrade (CoinMarketCap, Jan 21, 2026) lowered the minimum staking amount to 10,000 VET and introduced Delegator NFTs that represent staked positions. Governance decisions are made through voting by stakeholders, with rewards shared between validators and delegators based on their contributions.

Conclusion

VeChain is a practical blockchain solution focused on connecting digital ledger technology with real-world business needs. By emphasizing trustworthy data and supply chain transparency, it aims to lead the way in industrial blockchain applications. How VeChain’s enterprise focus will influence the future of blockchain in industry remains an exciting question.