- Delegate SKL tokens to validators which are then staked into the delegated proof of stake SKALE Network
- Stake SKL tokens as a validator to run a SKALE Supernode
- Pay for SKALE Chains in accordance with SKALE Network’s economic model
- Participate in SKALE Network governance via the SKALE DAO for those who are actively delegated to a validator
SKL is NOT the native gas token of SKALE Chains. Unlike other chains where the native token holds economic value in order to pay for gas fees, SKALE Chains use a token with no economic value called sFUEL which enables zero-gas cost transactions. The SKL token is activley bridged to SKALE Chains in ERC-20 format.
| Chain | Address | Notes |
|---|---|---|
| Ethereum | https://etherscan.io/address/0x00c83aeCC790e8a4453e5dD3B0B4b3680501a7A7 | This is the original deployed token |
| SKALE Europa | https://elated-tan-skat.explorer.mainnet.skalenodes.com/token/0xE0595a049d02b7674572b0d59cd4880Db60EDC50 | ERC-20 bridged in from Ethereum |
| SKALE Nebula | https://green-giddy-denebola.explorer.mainnet.skalenodes.com/address/0x7F73B66d4e6e67bCdeaF277b9962addcDabBFC4d | ERC-20 bridge in from Europa |
| SKALE Calypso | https://honorable-steel-rasalhague.explorer.mainnet.skalenodes.com/address/0x4048C4dd6eccF1Dc23b068211fDf20AD19602e50 | ERC-20 Bridge in from Europa |
Governance
SKL delegators/stakers are elligible to bring items up for vote and vote on governance proposals via the SKALE DAO that impact the economic operations of the SKALE Network. This includes proposals for SKALE Chain pricing, network inflation, and more. See the forum post introducing governance for more. When you vote on a proposal you use your SKL tokens to signal approval or opposition of the active proposal up for vote. The more SKL tokens you have, the more influence you can vote with.- Staking SKL - Learn about staking SKL tokens
- Governance - Participate in SKALE governance discussions