VeChain has two in-house tokens: VeChain (VET) and VeThor (VTHO). Described as a unique offering for such a platform, the dual-token system is designed to avoid fee fluctuations and network congestion.
VET is the token used for transactions and other activities, while VTHO provides fee payments and thus functions as a “gas token,” similar to how [gas](https://coinmarketcap.com/alexandria/glossary/gas-price) functions for Ethereum ([ETH](https://coinmarketcap.com/currencies/ethereum/)) transactions.
VET holders automatically generate a small amount of passive income in VTHO, while 70% of the VTHO used in a VET payment is destroyed.
VTHO is generated based on VET holdings, while VET itself has a maximum fixed supply of 86,712,634,466 tokens.
At the time of writing (07/12/2021) - there are 66,760,741,299 tokens in circulation according to [VeChainStats](https://vechainstats.com/)