VeChain (VET) Staking - All information about VeChain staking - DropsEarn
VeChain

VeChain (VET)

VeChain is a leading global enterprise level public blockchain platform. VeChain aims to connect blockchain technology to the real world by providing a comprehensive governance structure, a robust economic model as well as advanced IoT integration, and pioneers in real world applications.

About Staking VET

There are two options for earning passive income for holders of the token VET. The first is keep the token on an official wallet or on a third-party wallet. The second is to run a Node. There are various types of nodes, which all have different benefits, functions, and requirements. For the average user, the best option is token holding. Alternative - Running a Node requires professional skills and special knowledge. 

VeChain has two separate tokens: VET and VTHO. VET is the main transfer-of-value token. VTHO is used to represent the cost of running operations on the blockchain.

How to stake VET

Hold

Just store your token in a wallet that supports VeChain staking(Atomic Wallet, Trust Wallet), and you will generate 0.000432 VTHO for each 1 VET daily.

Nodes

If you have 1,000,000+ VET you can become a node. You will find more detailed information in the article of Vechaininsider.