Vechain

About Vechain

VeChain (VET) is a blockchain platform founded in 2015, designed to enhance supply chain management and real-world enterprise adoption. Built on the energy-efficient VeChainThor chain, it offers fast, low-cost transactions using a dual-token model where VET holds value and VTHO covers gas fees. VeChain supports Ethereum compatibility through its 2024 Renaissance upgrade, introducing dPoS consensus and NFT-based staking via StarGate. With partnerships including Walmart, UFC, and BCG, and millions of active users across sustainability-focused applications, VeChain bridges enterprise blockchain utility with a growing decentralized ecosystem.