What is Sora Validator?

VAL is the validator reward token for the SORA network, designed to incentivize individuals who stake XOR within its Nominated Proof-of-Stake consensus algorithm. The token serves primarily to reward validators participating in the network.

VAL is characterized as a deflationary token, undergoing a burn process with every transaction conducted on the SORA network. This mechanism aims to reduce the token's supply over time as it is utilized within the ecosystem.