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sidebar_position: 1
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---
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# JKL Token
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## Overview
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The JKL token is an inflationary token that powers the Jackal Protocol. It has numerous use cases within the ecosystem,
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ensuring its utility and importance. In this documentation, we will outline the main use cases of the JKL token and
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explain its role in the Jackal Protocol ecosystem.
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## Use Cases
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### dApps
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Applications built leveraging the Jackal Protocol, such as Jackal Storage and the RNS Marketplace, may choose to include
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the JKL token to expand its utility.
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### Securing the Network
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As the Jackal Protocol is a Proof-of-Stake (PoS) Cosmos L1 blockchain, JKL can be delegated to validators to secure the
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network and earn JKL rewards. Otherwise known as staking or bonded tokens.
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### Transaction Fees
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Transactions on the Jackal Protocol must be paid for using JKL. As the protocol is PoS, the cost of transactions is
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inexpensive.
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### Governance
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Staked tokens grant on-chain governance participation within the Jackal Protocol to vote on text, software, spend, and
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other governance proposals.
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### Collateral
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The JKL token can act as collateral for validators, storage providers, and other smart contract use cases.
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### Liquidity Provision
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JKL can be allocated into a liquidity pool to earn rewards.
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## Unique JKL Token Utility for Users and Storage Providers
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### Users
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Users seeking storage solutions can leverage JKL tokens to pay for the storage services provided by storage providers
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within the Jackal Protocol. By utilizing JKL tokens as a medium of exchange, users can access a decentralized, secure,
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and censorship-resistant storage infrastructure.
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### Storage Providers
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Storage providers are incentivized to offer storage space and maintain a high level of service by earning JKL tokens. By
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receiving JKL tokens as payment for their services, storage providers can cover the costs of infrastructure, hardware,
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and bandwidth while potentially profiting from their participation in the ecosystem.
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