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
- 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 5th of each month.