Fees 15.00 %
Market Cap $141,762,464 Price$0.034
RewardsEvery 30 days
Lock-up period30 - 60 days, depending on the timing of the unstaking request
CompoundingDelegator needs to claim and restake their assets
Slashing riskNo slashing
SKALE Network aims to solve the technical scalability, cost issues, and user experience problems accompanying decentralized networks. The Elastic blockchain network is built on Ethereum. It has risen in popularity because it is one of the first networks to allow developers to provision highly configurable Layer 2 blockchains quickly. Skale chains provide the benefits of decentralization and configuration without sacrificing computation, storage, or security. Using Skale, developers can scale their Ethereum Decentralized Applications (Dapps) as application-specific blockchains. The staking of SKL, Skale’s native token, takes place on the Ethereum blockchain. By staking SKL, token holders participate in the network’s security and earn an additional passive yield in the form of newly minted SKL.
Learn about Skale (SKL)
Why stake with us?Stakin is a committed validator to the success of the Skale blockchain network: • Operates 3 Skale nodes on Mainnet, including 1 public node • More than 60 million SKL has already been staked to Stakin • Early Skale validator partner, involved since April 2020 • Participant in Fuji and Kilimanjaro test networks • We offer dedicated support for all your staking, unstaking, and network-related questions. • We review every staking request on a monthly basis before the network deadline by the end of the month.