How Binance Distributes VTHO to VET Holders

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 ratio¹

¹User 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. Distributions will be completed before the 20th of each month.