According to the official announcement made by Binance, VET staking has been continuously requested by the Vechain Community.
Vechain, the blockchain as a service, supply chain focused protocol has been listed on Binance US to allow staking of Vechain on their US accounts. Vechain has been all over the news in the cryptospace in the last month as it nearly doubled in market capitalization. Vechain has two native tokens to its network, VET and VTHO. VET gives owners proportional stake in the network, allowing users to vote on governance and verify transactions, while VTHO is the “gas” of the network used to pay for individual transactions. As users stake their VET, they will gain VTHO as a staking reward.
According to the official announcement made by Binance, VET staking has been continuously requested by the Vechain Community, so it was decided that it was time for it to be implemented. Binance stated that in order to qualify for VET staking, each account must have a minimum of 1 VET in their wallet balance. The distribution of the VTHO that is gained by staking will be distributed to users each month, although it will be calculated by Binance on a daily basis.
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According to the official announcement made by Binance, VET staking has been continuously requested by the Vechain Community. Vechain, the blockchain as a service, supply chain focused protocol has been listed on Binance US to allow staking of Vechain on their US accounts. Vechain has been all over the news in the cryptospace in the […]
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According to the official announcement made by Binance, VET staking has been continuously requested by the Vechain Community. Vechain, the blockchain as a service, supply chain focused protocol has been listed on Binance US to allow staking of Vechain on their US accounts. Vechain has been all over the news in the cryptospace in the […]
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According to the official announcement made by Binance, VET staking has been continuously requested by the Vechain Community. Vechain, the blockchain as a service, supply chain focused protocol has been listed on Binance US to allow staking of Vechain on their US accounts. Vechain has been all over the news in the cryptospace in the […]
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According to the official announcement made by Binance, VET staking has been continuously requested by the Vechain Community. Vechain, the blockchain as a service, supply chain focused protocol has been listed on Binance US to allow staking of Vechain on their US accounts. Vechain has been all over the news in the cryptospace in the […]
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According to the official announcement made by Binance, VET staking has been continuously requested by the Vechain Community. Vechain, the blockchain as a service, supply chain focused protocol has been listed on Binance US to allow staking of Vechain on their US accounts. Vechain has been all over the news in the cryptospace in the […]
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