Glossary Term Definition
The VNET tokens minted and distributed every Tock as incentives for network contributions, such as liquidity provision, node operation, and ecosystem oversight. These rewards are treated as a contra-revenue item, deducted from Valis Stablecoins Gross Revenue to calculate Valis Stablecoins Net Revenue, with their allocation determined by Valis as a variable percentage.
Network Rewards
The VNET tokens minted and distributed every Tock as incentives for network contributions, such as liquidity provision, node operation, and ecosystem oversight. These rewards are treated as a contra-revenue item, deducted from Valis Stablecoins Gross Revenue to calculate Valis Stablecoins Net Revenue, with their allocation determined by Valis as a variable percentage.