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How Binance Distributes VTHO to VET Holders
Binance
2018-09-06 07:34

All VeChainThor (VET) holders on Binance will receive VTHO which is generated by VET daily and distributed monthly. The details are as follows:

Daily VTHO generated by each user = Daily total VTHO generated by Binance * User VTHO holdings ratio.

User VTHO holdings ratio = User VET holdings / Total VET held on Binance

Note:

 

  • VET balances under 1 VET (including those in trade orders) will not be included into the daily VTHO calculations.
  • VTHO generation is calculated daily and distributed monthly. Binane will have corresponding announcements after monthly distribution, please be subject to announcements. 

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