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VAL

A validator reward token for the SORA network used to reward validators and stake nominators. VAL has deflationary tokenomics with tokens burned on every transaction, and elastic rewards distributed as a percentage of daily burned tokens.

A validator reward token for the SORA network used to reward validators and stake nominators. VAL has deflationary tokenomics with tokens burned on every transaction, and elasti…

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Definition

A validator reward token for the SORA network used to reward validators and stake nominators. VAL has deflationary tokenomics with tokens burned on every transaction, and elastic rewards distributed as a percentage of daily burned tokens.

Why it matters

Incentivizes network security through deflationary rewards to validators and nominators.

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Current section: definition