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19v-5h4v5c0 .55.45 1 1 1h3c.55 0 1-.45 1-1v-7h1.7c.46 0 .68-.57.33-.87L12.67 3.6c-.38-.34-.96-.34-1.34 0l-8.36 7.53c-.34.3-.13.87.33.87H5v7c0 .55.45 1 1 1h3c.55 0 1-.45 1-1z" fill="currentColor"></path></svg></a></li><li class="breadcrumbs__item"><span class="breadcrumbs__link">Overview</span><meta itemprop="position" content="1"></li><li itemscope="" itemprop="itemListElement" itemtype="https://schema.org/ListItem" class="breadcrumbs__item breadcrumbs__item--active"><span class="breadcrumbs__link" itemprop="name">What Is The JKL Token?</span><meta itemprop="position" content="2"></li></ul></nav><div class="tocCollapsible_ETCw theme-doc-toc-mobile tocMobile_ITEo"><button type="button" class="clean-btn tocCollapsibleButton_TO0P">On this page</button></div><div class="theme-doc-markdown markdown"><h1>What Is The JKL Token?</h1><p>The JKL Token is the driving force behind the revolutionary Jackal Protocol. This versatile native token seamlessly
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integrates with the ecosystem, unlocking endless possibilities for users, developers, and enterprises alike.</p><h2 class="anchor anchorWithStickyNavbar_LWe7" id="what-does-the-jkl-token-do">What Does The JKL Token Do?<a href="#what-does-the-jkl-token-do" class="hash-link" aria-label="Direct link to What Does The JKL Token Do?" title="Direct link to What Does The JKL Token Do?"></a></h2><h3 class="anchor anchorWithStickyNavbar_LWe7" id="fueling-dapps">Fueling dApps<a href="#fueling-dapps" class="hash-link" aria-label="Direct link to Fueling dApps" title="Direct link to Fueling dApps"></a></h3><p>JKL Token plays a pivotal role in applications built on the Jackal Protocol, such as Jackal Storage and the RNS
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Marketplace. By harnessing the power of JKL, these applications can unlock new potentials and further enhance their
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utility.</p><h3 class="anchor anchorWithStickyNavbar_LWe7" id="network-security">Network Security<a href="#network-security" class="hash-link" aria-label="Direct link to Network Security" title="Direct link to Network Security"></a></h3><p>At its core, the Jackal Protocol is a Proof-of-Stake (PoS) Cosmos L1 blockchain, relying on JKL delegation to validators
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for network security. Stake your JKL tokens and contribute to securing the network while earning rewards.</p><h3 class="anchor anchorWithStickyNavbar_LWe7" id="affordable-transactions">Affordable Transactions<a href="#affordable-transactions" class="hash-link" aria-label="Direct link to Affordable Transactions" title="Direct link to Affordable Transactions"></a></h3><p>With JKL, transaction fees on the Jackal Protocol are incredibly cost-effective, ensuring that users have an affordable
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and seamless experience.</p><h3 class="anchor anchorWithStickyNavbar_LWe7" id="governance">Governance<a href="#governance" class="hash-link" aria-label="Direct link to Governance" title="Direct link to Governance"></a></h3><p>Staked JKL tokens grant you the power to participate in on-chain governance within the Jackal Protocol. Make your voice
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heard by voting on text, software, spending, and other critical governance proposals.</p><h3 class="anchor anchorWithStickyNavbar_LWe7" id="collateral">Collateral<a href="#collateral" class="hash-link" aria-label="Direct link to Collateral" title="Direct link to Collateral"></a></h3><p>The JKL token serves as versatile collateral for validators, storage providers, and various smart contract use cases,
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unlocking new possibilities for users and developers.</p><h3 class="anchor anchorWithStickyNavbar_LWe7" id="liquidity">Liquidity<a href="#liquidity" class="hash-link" aria-label="Direct link to Liquidity" title="Direct link to Liquidity"></a></h3><p>Put your JKL tokens to work by allocating them into a liquidity pool and earn JKL rewards in return. Contribute to the
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ecosystem while reaping the benefits of your investment.</p><h3 class="anchor anchorWithStickyNavbar_LWe7" id="data-storage">Data Storage<a href="#data-storage" class="hash-link" aria-label="Direct link to Data Storage" title="Direct link to Data Storage"></a></h3><p>The JKL token serves as the primary medium of exchange for accessing data storage within the Jackal Protocol, ensuring a
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smooth and efficient market for users and storage providers alike.</p></div><footer class="theme-doc-footer docusaurus-mt-lg"><div class="theme-doc-footer-edit-meta-row row"><div class="col"><a href="https://github.com/JackalLabs/canine-docs/blob/master/docs/overview/jkl.md" target="_blank" rel="noreferrer noopener" class="theme-edit-this-page"><svg fill="currentColor" height="20" width="20" viewBox="0 0 40 40" class="iconEdit_Z9Sw" aria-hidden="true"><g><path d="m34.5 11.7l-3 3.1-6.3-6.3 3.1-3q0.5-0.5 1.2-0.5t1.1 0.5l3.9 3.9q0.5 0.4 0.5 1.1t-0.5 1.2z m-29.5 17.1l18.4-18.5 6.3 6.3-18.4 18.4h-6.3v-6.2z"></path></g></svg>Edit this page</a></div><div class="col lastUpdated_vwxv"></div></div></footer></article><nav class="pagination-nav docusaurus-mt-lg" aria-label="Docs pages"><a class="pagination-nav__link pagination-nav__link--prev" href="/docs/overview/jackal-tldr"><div class="pagination-nav__sublabel">Previous</div><div class="pagination-nav__label">Discover the Jackal Protocol</div></a><a class="pagination-nav__link pagination-nav__link--next" href="/docs/overview/why-jackal"><div class="pagination-nav__sublabel">Next</div><div class="pagination-nav__label">Why Choose Jackal Protocol</div></a></nav></div></div><div class="col col--3"><div class="tableOfContents_bqdL thin-scrollbar theme-doc-toc-desktop"><ul class="table-of-contents table-of-contents__left-border"><li><a href="#what-does-the-jkl-token-do" class="table-of-contents__link toc-highlight">What Does The JKL Token Do?</a><ul><li><a href="#fueling-dapps" class="table-of-contents__link toc-highlight">Fueling dApps</a></li><li><a href="#network-security" class="table-of-contents__link toc-highlight">Network Security</a></li><li><a href="#affordable-transactions" class="table-of-contents__link toc-highlight">Affordable Transactions</a></li><li><a href="#governance" class="table-of-contents__link toc-highlight">Governance</a></li><li><a href="#collateral" class="table-of-contents__link toc-highlight">Collateral</a></li><li><a href="#liquidity" class="table-of-contents__link toc-highlight">Liquidity</a></li><li><a href="#data-storage" class="table-of-contents__link toc-highlight">Data Storage</a></li></ul></li></ul></div></div></div></div></main></div></div><footer class="footer"><div class="container container-fluid"><div class="row footer__links"><div class="col footer__col"><div class="footer__title">Jackal</div><ul class="footer__items clean-list"><li class="footer__item"><a href="https://jackalprotocol.com" target="_blank" rel="noopener noreferrer" class="footer__link-item">Website<svg width="13.5" height="13.5" aria-hidden="true" viewBox="0 0 24 24" class="iconExternalLink_nPIU"><path fill="currentColor" d="M21 13v10h-21v-19h12v2h-10v15h17v-8h2zm3-12h-10.988l4.035 4-6.977 7.07 2.828 2.828 6.977-7.07 4.125 4.172v-11z"></path></svg></a></li></ul></div><div class="col footer__col"><div class="footer__title">Connect With Us</div><ul class="footer__items clean-list"><li class="footer__item"><a href="https://discord.com/invite/5GKym3p6rj" target="_blank" rel="noopener noreferrer" class="footer__link-item">Discord<svg width="13.5" height="13.5" aria-hidden="true" viewBox="0 0 24 24" class="iconExternalLink_nPIU"><path fill="currentColor" d="M21 13v10h-21v-19h12v2h-10v15h17v-8h2zm3-12h-10.988l4.035 4-6.977 7.07 2.828 2.828 6.977-7.07 4.125 4.172v-11z"></path></svg></a></li><li class="footer__item"><a href="https://twitter.com/Jackal_Protocol" target="_blank" rel="noopener noreferrer" class="footer__link-item">Twitter<svg width="13.5" height="13.5" aria-hidden="true" viewBox="0 0 24 24" class="iconExternalLink_nPIU"><path fill="currentColor" d="M21 13v10h-21v-19h12v2h-10v15h17v-8h2zm3-12h-10.988l4.035 4-6.977 7.07 2.828 2.828 6.977-7.07 4.125 4.172v-11z"></path></svg></a></li></ul></div><div class="col footer__col"><div class="footer__title">Developers</div><ul class="footer__items clean-list"><li class="footer__item"><a href="https://docs.jackalprotocol.com" target="_blank" rel="noopener noreferrer" class="footer__link-item">Documentation</a></li><li class="footer__item"><a href="https://github.com/jackallabs/canine-docs" target="_blank" rel="noopener noreferrer" class="footer__link-item">Contribute to Docs<svg width="13.5" height="13.5" aria-hidden="true" viewBox="0 0 24 24" class="iconExternalLink_nPIU"><path fill="currentColor" d="M21 13v10h-21v-19h12v2h-10v15h17v-8h2zm3-12h-10.988l4.035 4-6.977 7.07 2.828 2.828 6.977-7.07 4.125 4.172v-11z"></path></svg></a></li></ul></div></div><div class="footer__bottom text--center"><div class="footer__copyright">Copyright © 2024 Jackal Labs</div></div></div></footer></div>
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