Sora ValidatorPrice(VAL)
Details Sora Validator (VAL) Price information (USD)
The current real-time price of VAL is $0.0083. In the past 24 hours, VAL has traded between $0.0073 and $0.0088, showing strong market activity. The all-time high of VAL is $9.05, and the all-time low is $0.0{6}2675.
From a short-term perspective, the price change of VAL over the past 1 hour is
Sora Validator (VAL) Market Information
Sora Validator (VAL) Today's Price
The live price of VAL today is $0.0083, with a current market cap of $471.727K. The 24-hour trading volume is 2K. The price of VAL to USD is updated in real time.
Sora Validator (VAL) Price History (USD)
What is SORA VALIDATOR (VAL)?
When is the right time to buy VAL? Should I buy or sell VAL now?
Before deciding whether to buy or sell VAL, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s VAL technical analysis can provide you with trading references.
Future price trend of VAL
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for VAL.
How much will VAL be worth tomorrow, next week, or next month in ? What about your VAL assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! VAL Price Prediction
How to buy SORA VALIDATOR (VAL)
Convert VAL to local currency
VAL Resources
To learn more about VAL, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0xb480...87cde4  | 1.798M | 10.89% |
ethereum | 0x64c9...4cebb8 | 1.244M | 7.54% |
ethereum | 0xea13...bfea42 | 1.042M | 6.31% |
ethereum | 0x5976...c5dba4 | 539.021K | 3.26% |
ethereum | 0x61cf...8ca567 | 530.159K | 3.21% |
Other | 11.358M | 68.78% |
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SORA VALIDATOR (VAL) FAQ
What is the primary purpose of the Sora Validator (VAL) token?
VAL serves as the validator reward token for the SORA Network. It is designed to incentivize validators and stake nominators to secure the network under its Nominated Proof-of-Stake (NPoS) consensus algorithm. By rewarding participants in VAL rather than the native XOR, the network reduces risk associated with asset correlation, providing a diversified incentive for those maintaining the network’s integrity and security.
How do the tokenomics and "Burn" mechanism work for VAL?
VAL is a deflationary token with a supply management system. A small portion of VAL is burned with every transaction on the SORA v2 network. Additionally, half of the XOR used for transaction fees is utilized to buy back and burn VAL tokens from the market. While new VAL tokens are minted daily to reward validators, the amount minted is designed to be a percentage of the amount burned, ensuring the total supply trends downward over time.
How can users earn VAL tokens within the SORA ecosystem?
There are several ways to earn VAL. Users can run a validator node, which requires technical setup and staking XOR. Alternatively, regular users can "nominate" existing validators by staking their XOR through compatible ecosystem wallets to receive a portion of the validator's rewards. Finally, VAL holders can participate in governance by joining "VAL DAOs" to pool liquidity and earn additional rewards like PSWAP for their governance efforts.
What are VAL DAOs and how do they function?
VAL DAOs are decentralized autonomous organizations formed by VAL holders. These groups participate in "Liquidity Democracy" by voting on how to allocate liquidity from the SORA Token Bonding Curve to various trading pairs on the network's native decentralized exchange. By engaging in this governance process, VAL holders help direct the growth of the network and are rewarded with PSWAP tokens for their active participation and decision-making.
How can VAL tokens be moved between Ethereum and the SORA Network?
VAL is a multichain token available on both Ethereum and the SORA mainnet. Users can move tokens between these networks using the HASHI Bridge, which is the official trustless bridging protocol. To perform a transfer, users typically connect a supported Web3 wallet and a SORA-compatible ecosystem wallet to the network's interface, allowing for the secure movement of assets across different blockchain environments.
Where can I buy the VAL token?
VAL can be traded on various platforms. For those preferring centralized services, it is available on LBank. For users who prefer decentralized options, it can be found on the SORA network's native decentralized exchange or other popular Ethereum-based decentralized trading platforms. This multi-platform availability ensures users can access the token through their preferred trading environment.
