Max Supply
Fixed maximum token supply
SKALE Network Token Economics
SKL is the native utility token powering the SKALE Network. It enables staking, governance, and network resource allocation across the ecosystem.
Token Overview
Key metrics and information about the SKL token
Circulating Supply
Tokens currently in circulation
Token Distribution
SKL tokens are allocated across key stakeholders to ensure long-term network security, ecosystem growth, and decentralized governance.
Explore detailed distributionValidator Rewards33%
Delegation Allocation28.1%
Broader Founding Team16%
Foundation10%
Protocol Dev Fund7.7%
Core Team Pool4%
Ecosystem Fund1.3%
Token Utility
SKL serves multiple functions within the SKALE ecosystem, creating a sustainable economic model for validators, delegators, and developers.
Validator Staking
Validators stake SKL to secure the network and run nodes. Staked tokens are delegated by the community to support network operations and consensus.
Delegator Rewards
SKL holders can delegate their tokens to validators and earn staking rewards. This allows participation in network security without running a node.
Governance
SKL token delegators participate in governance decisions, including protocol upgrades, parameter changes, and treasury allocations through on-chain voting.
Chain Subscription
Developers pay SKL to rent SKALE Chains on SKALE Ethereum to have their own blockchain. This subscription model aligns token utility with real network usage and demand.
Start Staking SKL Today
Participate in the SKALE Network by staking your SKL tokens. Earn rewards while helping secure the network and support decentralized infrastructure.