SKALE is a modular layer-1 network built to enhance the Ethereum ecosystem by providing a network of high-throughput, low-latency, and zero gas fee blockchains known as SKALE Chains. These chains are EVM-compatible and designed to scale decentralized applications (dApps) efficiently. The SKL token serves as the utility token for the network, used for staking by validators who secure the network and earn rewards, for developers to pay for the subscription-based rental of SKALE Chains, and for governance, allowing staked token holders to participate in decisions that shape the network’s future.
What is Skale (SKL)?
Discover the key facts about Skale (SKL).
Donate Skale (SKL) to Nonprofits on The Giving Block
The Giving Block makes donating Skale (SKL) and other cryptocurrencies easy, secure, and tax-efficient.
Visit our donor marketplace to explore thousands of crypto-friendly nonprofits, educational institutions, and faith-based organizations.
Looking for more resources?
Crypto Glossary for Nonprofits and Donors: 60+ Terms Explained We’ve put together a glossary of the most popular, essential, and amusing jargon, terms, shorthands, and slang. Read more
Learn About Cryptocurrency New to cryptocurrency? Get immersed in all things crypto and crypto philanthropy. Learn about accepting crypto donations and crypto taxes. Read more
What is Blockchain: Why You Should Care A blockchain is a growing list of records, called blocks, that are linked together using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. Read more
