SKALE SKL
1. Summary
- Price
-
$0.05 +0.8%
- Market Cap
- $246.11M (#263)
- Supply
- 5.18B / 5.55B
- Description
-
SKALE
SKALE
The SKALE Network is an open-source, decentralized network designed for developing blockchains and decentralized applications (dApps) on the Ethereum network. It was launched in September 2020 through the ConsenSys Activate platform and features a hybrid-use token called SKL. This token can be used for validator staking, delegating to validators, or deploying elastic sidechains for subscribed resources.
Features
- Token: SKL token is an ERC-777 standard token, which allows for more complex transactions, and it is backward compatible with the ERC-20 standard.
- Use Cases: Holders can participate as validators, delegators, or developers.
- Validators: Run network nodes and execute smart contracts, with rewards given out at a rate of 9.3% per year.
- Delegators: Stake tokens with validators to receive a portion of the validator's rewards.
- Developers: Deploy elastic sidechains or elastic blockchains for a period of time using a subscription-based model.
- Governance: SKL holders can participate in on-chain governance, voting on proposals to determine the project's direction.
Security and Scaling
The SKALE Network operates on the Asynchronous Binary Byzantine Agreement (ABBA) consensus mechanism, which ensures security and efficiency. Validator nodes are randomly assigned tasks, and the top security is maintained by rotating validator nodes frequently. To ensure the integrity of the network, validators must stake a significant amount of SKL tokens, which are monitored and regulated by a special smart contract on the Ethereum network.
| Price | |
| 52W High price | $0.12 |
| 52W High date | 5th Apr 2024 (7 months ago) |
| All Time High (ATH) Date | 12th Mar 2021 (3 years ago) |
| ATH Price | $1.22 |
| % From ATH | -97.1% |
| All Time Low (ATL) Date | 19th Oct 2023 (1 year ago) |
| ATL Price | $0.02 |
| % From ATL | 80.83% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $55.85M |
| Total Supply | 5.55B |
| Max Supply | 7.00B |
| Circulating Supply | 5.18B |
SKL
How does SKALE's (SKL) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-22.0%
SKL
-1.3%
Similar Market Cap
60 Day Return
10.6%
SKL
8.3%
Similar Market Cap
1 Year Return
49.3%
SKL
12.2%
Similar Market Cap
We're monitoring 127 SKALE GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All SKALE Repos)
Commits vs. The Market
- Past 4 weeks: 0 commits vs. an average of 1
- Past 12 weeks: 34 commits vs. an average of 8
- Past year: 35 commits vs. an average of 113
Most Active Repos
| Past week | 48 |
|---|---|
| Past 12 weeks | 458 |
| Past year | 1285 |
| Past week | 11 |
|---|---|
| Past 12 weeks | 143 |
| Past year | 739 |
| Past week | 66 |
|---|---|
| Past 12 weeks | 107 |
| Past year | 691 |
| Past week | 13 |
|---|---|
| Past 12 weeks | 93 |
| Past year | 606 |
| Past week | 20 |
|---|---|
| Past 12 weeks | 67 |
| Past year | 579 |
| Past week | 2 |
|---|---|
| Past 12 weeks | 47 |
| Past year | 458 |
Top Developers 2024
In total, 463 developers have contributed to SKALE over the past year. Who are the most active SKALE developers, by commits, over the past year?
Related Projects
Developers working on SKALE also worked on these projects.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | 4,544 |
|---|---|
| Active Reddit Users (past 24h) | 11 |
| Discord users | 10,466 |
| Active Discord Users | 646 |
| Telegram Users | 12,263 |
| Twitter followers | 222,731 |
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cryptoslate.com/press-releases/skale-labs-and-deadfellaz-partner-to-launch-genre-defying-d...
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cryptoslate.com/press-releases/skale-labs-and-deadfellaz-partner-to-launch-genre-defying-d...
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cryptoslate.com/press-releases/skale-labs-and-deadfellaz-partner-to-launch-genre-defying-d...
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cryptoslate.com/press-releases/skale-labs-and-deadfellaz-partner-to-launch-genre-defying-d...
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cryptoslate.com/press-releases/skale-labs-and-deadfellaz-partner-to-launch-genre-defying-d...
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cryptoslate.com/press-releases/skale-labs-and-deadfellaz-partner-to-launch-genre-defying-d...
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cryptoslate.com/press-releases/skale-labs-and-moxy-founded-by-atari-legend-nolan-bushnell-...
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cryptoslate.com/press-releases/skale-labs-and-moxy-founded-by-atari-legend-nolan-bushnell-...
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cryptoslate.com/press-releases/skale-labs-and-moxy-founded-by-atari-legend-nolan-bushnell-...
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cryptoslate.com/press-releases/skale-labs-and-moxy-founded-by-atari-legend-nolan-bushnell-...
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cryptoslate.com/press-releases/skale-labs-and-moxy-founded-by-atari-legend-nolan-bushnell-...
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cryptoslate.com/press-releases/skale-introduces-swell-a-new-platform-to-onboard-web3-users...
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cryptoslate.com/press-releases/skale-introduces-swell-a-new-platform-to-onboard-web3-users...
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cryptoslate.com/press-releases/skale-introduces-swell-a-new-platform-to-onboard-web3-users...
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cryptoslate.com/press-releases/skale-introduces-swell-a-new-platform-to-onboard-web3-users...
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cryptoslate.com/press-releases/skale-introduces-swell-a-new-platform-to-onboard-web3-users...
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cryptoslate.com/press-releases/skale-introduces-swell-a-new-platform-to-onboard-web3-users...
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docs.skale.network/introduction/skale-hybrid-layer Official
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docs.skale.network/introduction/skale-hybrid-layer Official
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docs.skale.network/introduction/skale-hybrid-layer Official
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docs.skale.network/introduction/skale-hybrid-layer Official
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docs.skale.network/introduction/skale-hybrid-layer Official
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docs.skale.network/introduction/skale-hybrid-layer Official
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docs.skale.network/introduction/skale-hybrid-layer Official
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://skale.network/ |
|---|---|
| Explorer | https://etherscan.io/token/0x00c83aecc790e8a4453e5... |
| @SkaleNetwork | |
| /r/SKALEnetwork | |
| Whitepaper | https://skale.network/whitepaper |
What is the correct contract address for SKALE?
| Skale | 0xe0595a049d02b7674572b0d59cd4880db60edc50 |
|---|---|
| Ethereum | 0x00c83aecc790e8a4453e5dd3b0b4b3680501a7a7 |
Has SKALE been audited for security?
No security audits found for this project.
Are you the owner of SKALE? Edit it here
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