Skale Tokenomics Overview
Full Skale tokenomics breakdown: SKL token allocation, vesting schedule, supply distribution, unlock dates, and investor terms.
Produced by Tokenomics.com in collaboration with BlackTokenomics.
TGE DateDecember 1, 2020
Max Total Supply7,000,000,000
Total Supply6,421,780,744
Transparency
LOWHIGH
SKL Tokenomics FAQ
Key questions and answers about Skale tokenomics.
What is the token allocation for SKL?
Skale token distribution allocates 7,000,000,000 SKL across 5 primary stakeholder groups:
- Community: 37.67% (Validators Rewards 33.00%, Ecosystem Fund 4.67%)
- Private Investors: 25.49% (Early Supporters 25.49%)
- Insiders: 20.00% (Broader Founding Team 16.00%, Core Team Pool 4.00%)
- Foundation: 14.43% (Foundation 10.00%, Protocol Development Fund 4.43%)
- Public Investors: 2.41% (Public Sale 2.41%)
What is the vesting schedule for SKL?
SKL uses variable cliffs and vesting schedules that change depending on the allocation:
- Validators Rewards: No information
- Early Supporters: 6 Month Cliff, Linear Vesting Every 3 Months x10
- Broader Founding Team: 12 Month Cliff, Linear Vesting Every 3 Months x12
- Foundation: 21.4% at TGE , 23 Month Cliff, Linear Vesting Every 6 Months x10
- Ecosystem Fund: 31.0% at TGE
- Protocol Development Fund: 27.4% at TGE
- Core Team Pool: 12 Month Cliff, Linear Vesting Every 3 Months x12
- Public Sale: N/A
How many SKL tokens unlock at TGE?
4.8% of the total supply (336,700,000 SKL) is unlocked at TGE, with the tokens split between Foundation and Community.
What is the total supply and circulating supply of SKL?
Skale has a total supply of 7,000,000,000 SKL, of which 6,094,019,337 SKL (87.1% of total) is currently circulating.
What is the token emission schedule for SKL?
Total length of the full Skale emission schedule is 8 years, with 11.59% released in Year 1, while the remaining 55.40% is released over the following 7 years.
What percentage of SKL is allocated to the community?
37.7% of the Skale supply is allocated to community focused pools such as Validators Rewards and Ecosystem Fund.
What is Skale (SKL)?
Skale SKL tokenomics enable decentralized Ethereum scaling infrastructure through elastic sidechain networks that process transactions 1000x faster than mainnet. The protocol utilizes staked SKL tokens for validator security, requiring delegators to allocate tokens for network consensus and transaction validation. Developers pay subscription fees in SKL to access dedicated blockchains for DeFi, gaming, and NFT applications. Token economics distribute rewards to validators and delegators from network fees and inflation mechanisms. SKL governance enables community voting on protocol parameters and network upgrades. The ERC777 token standard supports advanced staking delegation without transferring custody, creating efficient capital allocation for scaling solutions.
