Crypto Market Cap$2,111,471,977,9433.07%
Staking Market Cap$633,558,222,4187.47%
Locked in Staking$146,523,582,3205.7%
Proof of Stake Dominance58.68%1.36%
Average Reward Rate14.95%-1.07%
Average Total Staked23.13%-1.65%
Crypto Market Cap$2,111,471,977,9433.07%
Staking Market Cap$633,558,222,4187.47%
Locked in Staking$146,523,582,3205.7%
Proof of Stake Dominance58.68%1.36%
Average Reward Rate14.95%-1.07%
Average Total Staked23.13%-1.65%
#26
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SKALE

SKL

About

SKALE is a fully decentralized Ethereum compatible Layer 2 PoS network.

$229,373,183

$692,763,675

70.49%

7d
30d
90d

-17.62%

$0.2547

Reward Options
Risk
Complexity
Reward
Adj. Reward
Minimum
Lock Up
Avg. Fee
Participating
Delegate SKALE
Risk
moderate
Complexity
easy
Reward
7.59%
Minimum
-
Lock Up
60 d
Participating
-
Adj. Reward
1.57%
Avg. Fee
11.12%
Run a Validator
Risk
moderate
Complexity
very hard
Reward
8.54%
Minimum
20,000,000
Lock Up
60 d
Participating
-
Adj. Reward
2.52%
Avg. Fee
-

Advanced calculator

Revenue over time (USD / week)

Total Reward Rate

0%

or 0% annualized

Est. Monthly Earning

$0

0 SKL

Est. Yearly Earning

$0

0 SKL

FAQ's

  • Do I need to create an Activate account in order to stake SKL tokens?

    It is not required for users to create an Activate user account in order to stake their SKL tokens.

    Once you arrive on the Activate site, you will see a card on the right hand side that prompts you to “Start Staking SKL.” After clicking the button you will be directed to the staking dashboard where you can see the different validators supported in the Activate marketplace.

  • How do I delegate SKL tokens on the Activate platform?

    SKL Staking amount should be greater than 1 and within your available balance.

    Token holders can delegate their tokens to approved validators using the interface on the Activate platform. The list of validators is available on Activate as well as on the Staking Rewards website.

    Form more details please view our SKALE Staking Tutorial.

  • Can I delegate directly from my wallet ?

    Yes, you are able to delegate directly from your wallet (i.e. Metamask) and do not need to send your tokens to a smart contract as might be the case in other Proof of Stake networks.

  • Are there any lockup requirements for staking SKL Tokens?

    Yes, the current lockup periods are defined as 2 months.Users can select what staking periods they want to commit to. Additional options for longer term lock up periods will be added later.

  • What are the SKL staking reward timelines?

    Timelines defined:

    Now, once stake request submitted
    Staking Request Submitted
    Your staking request will be approved or rejected by the selected validator.

    1st of the month
    Staking Starts
    Once the validator approves your request, your tokens will be locked and you start earning rewards based on the validator’s uptime beginning on the first of the month at 12 am UTC.

    End of the month
    First Rewards Available
    At the end of each month, you can withdraw earned rewards, if any.

  • Can I undelegate in the middle of the delegation period?

    You can elect to undelegate your SKL tokens at any time but the undelegation will not take effect until after the delegation period is over and the tokens are unlocked. Once undelegated, the current epoch must be completed before the delegation lock ends and tokens become transferable. By way of example, if tokens are delegated in time for the Oct 1 epoch (or the first day of any delegation period), the token holder can send an undelegation request at any time prior to the end of the delegation period. Upon completion of the Proof of Use period (or any delegation period), the tokens will be unlocked and undelegated.

  • Will tokens be re-delegated automatically for the next period?

    Yes, unless the token holder submits an undelegation request. By default, delegated tokens are re-delegated at the end of the delegation period, unless an undelegation request is received prior to the end of the delegation period. Token holders will receive delegation rewards up to the time tokens are no longer delegated.

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Last updated: 2021-06-21 13:28:16