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Easily convert VTHO to ALCX with ConvertOnline's efficient tool.
VeThor Token (VTHO) is a utility token that serves as the operational currency within the VeChainThor blockchain ecosystem. It is primarily used to pay for transaction fees and to facilitate the execution of smart contracts on the platform, making it essential for users engaging with the VeChain network.
Alchemix (ALCX) is a decentralized finance (DeFi) protocol that allows users to create self-repaying loans using their crypto assets as collateral. By leveraging future yield from deposited assets, Alchemix enables users to access liquidity without the need for traditional repayment methods.