The SKL token is the native token of the SKALE Network which is a hybrid token allowing holders to work as validators within the network, to access the network’s resources and to stake as a delegator.
These validators are rewarded in SKL tokens for securing the network by running nodes, validating blocks and carrying out smart contracts. As well as being used as a reward base, these tokens can be used for staking and governance and by developers wanting to buy a subscription allowing them to access the S-chains.
Swyftx has lower spreads and cheaper trading fees when you buy SKALE, than our closest competitors.
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