> For the complete documentation index, see [llms.txt](https://docs.valu.so/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.valu.so/the-value-dex/valu-token.md).

# VALU Token

The VALU token plays a pivotal role in the governance system of the Value DEX. It not only facilitates governance but also serves as a means for collecting pool fees and distributing staking rewards.