Chthonic-cattle-and-magic god of the East Slavic pantheon; the foundational opposite of Perun in the Jakobsonian Perun-Veles cosmic-opposition framework. Notably absent from Vladimir's 980 CE Kiev pantheon-hill, but attested in the Primary Chronicle through the druzhina-oaths "by Perun and by Volos, the cattle-god" — preserving Veles's status as cult-tier deity outside the warrior-druzhina pantheon-hill, with his lower-Kiev / Podol cult-site spatially distinct from the upper-Kiev pantheon-hill. The spatial-political opposition encodes the socio-functional distinction: warrior-druzhina pantheon (above) vs. trader-craftsman-livestock cult (below). The Slovo o polku Igoreve names the bard Boyan as "Velesov vnuk" ("grandson of Veles"), preserving Veles's domain over poetry, magic, and prophecy. The Perun-Veles cosmic opposition is the foundational structuring antagonism of Slavic polytheistic theology: the basic mythologem (thunder-god strikes serpent-or-cattle-thief) is preserved across folk-tradition material and parallels the Vedic Indra-Vrtra and Vala mythologem (RV 1.32, 1.52). Cognate with Lithuanian Velinas/Velnias (deity of the dead) and Vedic Vala (the demonic-cattle-thief slain by Indra), Veles preserves the Indo-European chthonic-opposite-of-thunder-deity comparative-mythological complex.