On Monday, the API3 team announced via X that the VTHO/USD pair is now available on the API3 Market. VTHO powers VeChain’s real-world asset & logistics ecosystem, and developers can now use this new data feed to build onchain products across 40 blockchains.
API3 is a data oracle that enables APIs to feed data to blockchain applications directly without third-party middlemen. API3 is trading at $0.816, up 5% in the last 24 hours.
VeChain Thor (VET) is a blockchain with the purported goal of solving real-world economic problems. VeChain leverages the Proof of Authority (PoA) consensus mechanism. PoA is a Byzantine Fault Tolerant probabilistic consensus mechanism based on HotStuff, which relies on Authority Masternodes (AM) associated with verified identities. VTHO is up 2% today and is currently trading at $0.002690.