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SKALE

SKL

Staked
44%
Staked
0%
Unstaked
56%
Unstaked
0%

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Staking SKALE

Staking Stats

Est. Reward Rate APY

11.47%

Reward Change 24H

0.00%

Reward Change 30D

-5.47%

Asset Market Cap

$346.0M

Staking Market Cap

$153.5M

Tokens Staked

2.4B

Percent Staked

44.36%

SKALE staking is on the decline this month.

The current estimated reward rate of SKALE is 11.47%. This means that, on average, stakers of SKALE are earning about 11.47% if they hold an asset for 365 days. The reward rate has not changed over the last 24 hours. 30 days ago, the reward rate for SKALE was 12.13%. Today, the staking ratio, or the percentage of eligible tokens currently being staked, is 44.36%. In other words, there are 2.4B of SKALE staked, which means that SKALE has a staking market cap of $153.5M. This is compared to a total asset market cap of $346.0M.

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Benefits of staking SKALE

Put your crypto to work

Staking can be a way of making your SKALE work by generating rewards, rather than collecting dust in your crypto wallet.

Support the projects you like

Staking can also be a way to contribute to the security and efficiency of SKALE. By staking some of your funds, you make the blockchain more resistant to attacks and strengthen its ability to process transactions.

It’s passive income

You can enroll with just a few clicks or when you join staking pools. While SKALE is not available to stake on Coinbase, it is available to trade. Sign up to trade SKALE today.

Read about SKALE

Messari • May 16, 24

State of SKALE Q1 2024

Q1 marked a significant shift in SKALE’s development with the launch of chain payments. Instead of charging end users via transaction fees, SKALE generates fees by charging developers a subscription fee in SKL for operating a SKALE chain. The launch transitioned SKALE out of a loss leadership mod...

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Skale Team • Oct 25, 23

Taking Fan Engagement to a New Level: Sportzchain Partners with SKALE Network

Discover how the partnership between Sportzchain and SKALE is transforming fan engagement and revolutionizing the way you connect with your favorite teams and athletes.

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News Article Image

Skale Team • Oct 18, 23

SKALE Network Partners with Haven's Compass: A Game-Changer in Blockchain Integration

Haven's Compass & SKALE Network redefine FPS gaming with seamless blockchain integration. Join the revolution today!

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News Article Image

Skale Team • Oct 13, 23

​​NBA Stars LaMelo, Lonzo Ball, and BigBallerBrand Family join StrayShot Game on SKALE

Web3 Game StrayShot launches Open Beta on SKALE with BigBallerBrand family ​​including NBA Stars LaMelo and Lonzo Ball as in-game playable characters.

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Skale Team • Oct 11, 23

Tank Wars Zone Launches on SKALE! Bringing A New Twist on a Nostalgic Game

Explore why Tank Wars Zone moved to SKALE, enhancing users blockchain experience with zero gas fees and instant transactions

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Skale Team • Oct 11, 23

SKALE Hits Major Growth Milestones. Solidifying its Position as a Dominant Blockchain Player

SKALE’s fast growth now positions it in the top 10 of ALL blockchains in both daily transaction volume and daily active users ahead of Polygon, Avalanche, Arbitrum, and Solana, according to DappRadar.

Read more

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FAQ

How to stake SKALE?

You can earn rewards for SKALE through DeFi yield. DeFi yield lets eligible customers earn yield by lending their crypto to third-party DeFi protocols.

When can I start earning rewards with SKALE?

You start earning yield with most of the Staking and Standard Rewards assets once they are purchased. To earn yield by staking ETH or depositing assets in DeFi yield, you will need to purchase the asset and then agree to terms to enable the option and start earning rewards.

What are the risks around staking SKALE?

Staking requires your SKALE to be locked on the protocol in order to earn rewards. During this time you won't be able to trade or transfer your SKALE. The lock up periods are defined by protocols and can range from a few hours to a few days. Coinbase does not impose any lock up periods. No additional lockup periods are imposed by Coinbase.

How much can I make staking SKALE?

The current estimated reward rate of SKALE is 11.47%. This means that, on average, you can earn about 11.47% for current block/epoc rewards for SKALE.

How many SKALE tokens are currently staked?

Currently, 2.4B are staked, which means that the staking market cap of SKALE is $153.5M.

What percentage of SKALE is currently being staked?

Of the available tokens, 44.36% is currently staked.