$VAL tokens are issued on Ethereum and are used to reward validators, as well as nominators to nominate the validators with their SORA ($XOR) token

$VAL tokens are used to reward validators, as well as nominators to nominate the validators with their SORA ($XOR) token. SORA is an on-chain governance system based around the $XOR token that allows producers to make proposals for funding and all token holders make decisions how to allocate $XOR so that the best goods and services get created. People who create goods or services should accept $XOR for them, thus building the SORA economy.