The VeChain Foundation released the VechainThor blockchain on August 2018. The newly launched VET token was introduced with it as a replacement for the VEN token available on the Ethereum blockchain.
Since the launch in 2018, VEN owners could swap their VEN tokens for VET tokens on the VechainThor blockchain at a rate of 1 VEN = 100 VET.
After five years of offering the token swap service, the swap service officially closed on October 10th, 2023. Swapping VEN to VET is no longer possible.
https://twitter.com/vechainofficial/status/1706991382533955717
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article