Valas is a lending market based on AAVE v2 and Geist which is the largest lending protocol on Fantom. On Valas, stakers and lockers earn 50% of the protocol revenue, and liquidity providers the other 50%. Valas is a native BNB Chain (previously BSC or Binance Smart Chain) protocol, its entire supply will be distributed to users of the protocol through liquidity mining and everyone gets a chance of reaping the rewards of using the protocol. Like Geist, half of Valas protocol revenue will be shared with VALAS holders that stake or lock their tokens.

VALAS token is a revenue sharing token allowing its holders to receive a share of the protocol revenue. Like GEIST, it is not a governance token, as communities have continuously shown preference for revenue over voting rights.