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Easily convert VTHO to EIGEN 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.
EigenLayer (EIGEN) is a decentralized protocol built on Ethereum that allows users to leverage their staked assets to secure additional services and applications. By utilizing a novel mechanism called 're-staking,' EigenLayer enables Ethereum validators to extend their security to various layers and projects, enhancing the overall ecosystem's efficiency and reducing the need for redundant capital.