SKL – The Heart of SKALE Network
SKALE Network is a multi-chain Layer-2 solution designed to scale Ethereum, offering high speed, low fees, and robust customization capabilities for developers. Instead of just being a sidechain, SKALE provides a range of blockchain modules (SKALE Chains) that can be quickly deployed, enabling dApps to run smoothly while still inheriting security from Ethereum.
The SKL token plays a crucial role in the ecosystem:
• Staking & security: Users stake SKL to operate validators, maintaining network safety.
• Fee payments: Developers use SKL to rent, deploy, and maintain SKALE Chains.
• Governance: SKL holders participate in voting, deciding on protocol changes and resource allocation.
• Community incentives: Validators and stakers receive rewards in SKL, promoting long-term participation.
With the “Ethereum Native Multichain” model, SKALE and SKL aim to become the infrastructure for GameFi, DeFi, and AI dApps, where speed and user experience are prioritized.
