According to the announcement from Binance, the distribution of VeChainThor (VTHO) rewards for VeChain's (VET) Simple Earn Flexible Products will be discontinued starting 2026-01-01 00:00 (UTC). This decision follows recent updates to VeChain's tokenomics, impacting users who have invested in VET Flexible Products. While the VTHO rewards will no longer be accrued from these positions, the Real-Time Annual Percentage Rate (APR) rewards for VET Flexible Products will remain unaffected. Users interested in continuing to earn VTHO rewards can opt for VET Locked Products, as these are not impacted by the change.
The update specifically targets VET Simple Earn Flexible Products, with the cessation of VTHO rewards marking a significant shift in the reward structure. However, VET Simple Earn Locked Products will continue to distribute VTHO rewards as usual, providing an alternative for users seeking to maintain their reward earnings. This adjustment is in line with the latest developments in VeChain's tokenomics, as outlined by the project team. Users are encouraged to review the official announcement from the project team for further details on the tokenomics update. The change reflects Binance's commitment to adapting its offerings in response to evolving market conditions and project-specific updates.
