100 Million VTHO Airdrop: The first VeChain Token (Genesis Token) was mined in the own VeChain Mainnet on June 30, 2018. Until now VeChain tokens were based on the Ethereum ERC 20 standard. So the VeChain tokens will be now based on the own blockchain. The new tokens will then be called VET.
On the occasion of the launch of the VeChain (VET) mainnet, the VET team provided 100 million VTHO tokens, which will be distributed to all Binance users holding VET.
The 100 million VTHO will be shared among all users holding VET on 01.08.2018/01 00:00 (UTC). The sum of the VTHO provided to each VET participant corresponds to its respective percentage of the total stock of all Binance users at the time of the snapshots.
VET balances under 1 VET (including those in trade orders) will not be eligible for the airdrop
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