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This versatile native token seamlessly 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 Marketplace. By harnessing the power of JKL, these applications can unlock new potentials and further enhance their 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 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 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 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, 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 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 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 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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" 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