Listing SKALE Network Token (SKL) on VNDC Wallet

Listing SKALE Network Token (SKL) on VNDC Wallet

SKALE Token (SKL) is live on VNDC Wallet from September 3rd. Right after SKL is listed, users can perform the following functions with SKL

  • Off-chain transactions: Send, receive SKL with other users on the same system.
  • Exchange: Swap from VNDC to SKL and vice versa.

About SKALE Network

SKALE Network is an open-source protocol designed to provide scalability for Ethereum. SKALE was launched in December 2020 and developed by Jack O’Holleran, a technology entrepreneur specializing in blockchain and decentralized systems, and Stan Kladko, co-founder of Galactic Exchange and Cloudessa.

SKALE Network can create decentralized applications in the “cloud,” develop smart contracts and pay almost zero transaction fees. SKALE Network aims to provide a speedy and functional experience for developers while remaining secure and decentralized.

Website: https://skale.network/ 

What is SKL token?

SKALE Network token (SKL) is a utility token belonging to the SKALE Network network, operating on the Ethereum platform according to ERC20 standards and can be used for the following purposes:

  • Network security & Staking: SKL holders can authorize and stake SKL for validators running nodes to ensure the network works by validating blocks, executing smart contracts, and securing the network. 
  • Payment: Developers can use SKL to purchase subscription access to Elastic blockchains (S-chains).
  • Governance: Users use SKL to participate in government, on-chain voting and control all economic parameters of the network.

Specifications:

  • Name: SKALE Network Token
  • Symbol: SKL
  • Platform: Ethereum
  • Standard: ERC-20
  • Smart Contract Address: 0x00c83aecc790e8a4453e5dd3b0b4b3680501a7a7
  • Type: Utility token

SKL is now listed on some of the largest cryptocurrency exchanges like Binance, FTX, OKEx, CoinTiger,… At the time of listing on VNDC Wallet, SKL ranked #137 on CoinMarketCap, with some price data as follows:

SKL Price

8,882 VNDC

Market Cap

470,213,634 USD

24h Trading Volume

38,003,888 USD

Circulating Supply

4,276,664,349 SKL

Total Supply

7,000,000,000 SKL

Trading SKL on VNDC Wallet

At the moment, users can perform the following features with SKL on VNDC Wallet

  • Off-chain transactions: Send, receive SKL with other users on the same system.
  • Exchange: Swap from VNDC to SKL and vice versa.
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