canine-docs/docs/protocol/tokens.html
github-actions[bot] a69d89b739 deploy: 24565ca72d
2023-05-21 15:33:30 +00:00

17 lines
20 KiB
HTML
Raw Blame History

This file contains invisible Unicode characters

This file contains invisible Unicode characters that are indistinguishable to humans but may be processed differently by a computer. If you think that this is intentional, you can safely ignore this warning. Use the Escape button to reveal them.

<!doctype html>
<html lang="en" dir="ltr" class="docs-wrapper docs-doc-page docs-version-current plugin-docs plugin-id-default docs-doc-id-protocol/tokens">
<head>
<meta charset="UTF-8">
<meta name="generator" content="Docusaurus v2.4.0">
<title data-rh="true">JKL Token | Jackal Chain Docs</title><meta data-rh="true" name="viewport" content="width=device-width,initial-scale=1"><meta data-rh="true" name="twitter:card" content="summary_large_image"><meta data-rh="true" property="og:url" content="https://docs.jackalprotocol.com/docs/protocol/tokens"><meta data-rh="true" name="docusaurus_locale" content="en"><meta data-rh="true" name="docsearch:language" content="en"><meta data-rh="true" name="docusaurus_version" content="current"><meta data-rh="true" name="docusaurus_tag" content="docs-default-current"><meta data-rh="true" name="docsearch:version" content="current"><meta data-rh="true" name="docsearch:docusaurus_tag" content="docs-default-current"><meta data-rh="true" property="og:title" content="JKL Token | Jackal Chain Docs"><meta data-rh="true" name="description" content="Overview"><meta data-rh="true" property="og:description" content="Overview"><link data-rh="true" rel="icon" href="/img/favicon.ico"><link data-rh="true" rel="canonical" href="https://docs.jackalprotocol.com/docs/protocol/tokens"><link data-rh="true" rel="alternate" href="https://docs.jackalprotocol.com/docs/protocol/tokens" hreflang="en"><link data-rh="true" rel="alternate" href="https://docs.jackalprotocol.com/docs/protocol/tokens" hreflang="x-default"><link rel="stylesheet" href="https://fonts.googleapis.com/css2?family=Poppins:wght@700&amp;display=swap">
<link rel="stylesheet" href="https://fonts.cdnfonts.com/css/segoe-ui-4"><link rel="stylesheet" href="/assets/css/styles.ff7eb8f2.css">
<link rel="preload" href="/assets/js/runtime~main.9ec92376.js" as="script">
<link rel="preload" href="/assets/js/main.c9a6a646.js" as="script">
</head>
<body class="navigation-with-keyboard">
<script>!function(){function t(t){document.documentElement.setAttribute("data-theme",t)}var e=function(){var t=null;try{t=new URLSearchParams(window.location.search).get("docusaurus-theme")}catch(t){}return t}()||function(){var t=null;try{t=localStorage.getItem("theme")}catch(t){}return t}();t(null!==e?e:"light")}()</script><div id="__docusaurus">
<div role="region" aria-label="Skip to main content"><a class="skipToContent_fXgn" href="#__docusaurus_skipToContent_fallback">Skip to main content</a></div><nav aria-label="Main" class="navbar navbar--fixed-top"><div class="navbar__inner"><div class="navbar__items"><button aria-label="Toggle navigation bar" aria-expanded="false" class="navbar__toggle clean-btn" type="button"><svg width="30" height="30" viewBox="0 0 30 30" aria-hidden="true"><path stroke="currentColor" stroke-linecap="round" stroke-miterlimit="10" stroke-width="2" d="M4 7h22M4 15h22M4 23h22"></path></svg></button><a class="navbar__brand" href="/"><div class="navbar__logo"><img src="/img/jklimage.png" alt="Jackal Logo" class="themedImage_ToTc themedImage--light_HNdA"><img src="/img/jklimage.png" alt="Jackal Logo" class="themedImage_ToTc themedImage--dark_i4oU"></div><b class="navbar__title text--truncate">Jackal Docs</b></a></div><div class="navbar__items navbar__items--right"><a href="https://github.com/jackallabs/canine-chain" target="_blank" rel="noopener noreferrer" class="navbar__item navbar__link">GitHub<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><div class="toggle_vylO colorModeToggle_DEke"><button class="clean-btn toggleButton_gllP toggleButtonDisabled_aARS" type="button" disabled="" title="Switch between dark and light mode (currently light mode)" aria-label="Switch between dark and light mode (currently light mode)" aria-live="polite"><svg viewBox="0 0 24 24" width="24" height="24" class="lightToggleIcon_pyhR"><path fill="currentColor" d="M12,9c1.65,0,3,1.35,3,3s-1.35,3-3,3s-3-1.35-3-3S10.35,9,12,9 M12,7c-2.76,0-5,2.24-5,5s2.24,5,5,5s5-2.24,5-5 S14.76,7,12,7L12,7z M2,13l2,0c0.55,0,1-0.45,1-1s-0.45-1-1-1l-2,0c-0.55,0-1,0.45-1,1S1.45,13,2,13z M20,13l2,0c0.55,0,1-0.45,1-1 s-0.45-1-1-1l-2,0c-0.55,0-1,0.45-1,1S19.45,13,20,13z M11,2v2c0,0.55,0.45,1,1,1s1-0.45,1-1V2c0-0.55-0.45-1-1-1S11,1.45,11,2z M11,20v2c0,0.55,0.45,1,1,1s1-0.45,1-1v-2c0-0.55-0.45-1-1-1C11.45,19,11,19.45,11,20z M5.99,4.58c-0.39-0.39-1.03-0.39-1.41,0 c-0.39,0.39-0.39,1.03,0,1.41l1.06,1.06c0.39,0.39,1.03,0.39,1.41,0s0.39-1.03,0-1.41L5.99,4.58z M18.36,16.95 c-0.39-0.39-1.03-0.39-1.41,0c-0.39,0.39-0.39,1.03,0,1.41l1.06,1.06c0.39,0.39,1.03,0.39,1.41,0c0.39-0.39,0.39-1.03,0-1.41 L18.36,16.95z M19.42,5.99c0.39-0.39,0.39-1.03,0-1.41c-0.39-0.39-1.03-0.39-1.41,0l-1.06,1.06c-0.39,0.39-0.39,1.03,0,1.41 s1.03,0.39,1.41,0L19.42,5.99z M7.05,18.36c0.39-0.39,0.39-1.03,0-1.41c-0.39-0.39-1.03-0.39-1.41,0l-1.06,1.06 c-0.39,0.39-0.39,1.03,0,1.41s1.03,0.39,1.41,0L7.05,18.36z"></path></svg><svg viewBox="0 0 24 24" width="24" height="24" class="darkToggleIcon_wfgR"><path fill="currentColor" d="M9.37,5.51C9.19,6.15,9.1,6.82,9.1,7.5c0,4.08,3.32,7.4,7.4,7.4c0.68,0,1.35-0.09,1.99-0.27C17.45,17.19,14.93,19,12,19 c-3.86,0-7-3.14-7-7C5,9.07,6.81,6.55,9.37,5.51z M12,3c-4.97,0-9,4.03-9,9s4.03,9,9,9s9-4.03,9-9c0-0.46-0.04-0.92-0.1-1.36 c-0.98,1.37-2.58,2.26-4.4,2.26c-2.98,0-5.4-2.42-5.4-5.4c0-1.81,0.89-3.42,2.26-4.4C12.92,3.04,12.46,3,12,3L12,3z"></path></svg></button></div><div class="searchBox_ZlJk"></div></div></div><div role="presentation" class="navbar-sidebar__backdrop"></div></nav><div id="__docusaurus_skipToContent_fallback" class="main-wrapper mainWrapper_z2l0 docsWrapper_BCFX"><button aria-label="Scroll back to top" class="clean-btn theme-back-to-top-button backToTopButton_sjWU" type="button"></button><div class="docPage__5DB"><aside class="theme-doc-sidebar-container docSidebarContainer_b6E3"><div class="sidebarViewport_Xe31"><div class="sidebar_njMd"><nav aria-label="Docs sidebar" class="menu thin-scrollbar menu_SIkG"><ul class="theme-doc-sidebar-menu menu__list"><li class="theme-doc-sidebar-item-link theme-doc-sidebar-item-link-level-1 menu__list-item"><a class="menu__link" href="/docs/intro">Welcome to Jackal Wiki</a></li><li class="theme-doc-sidebar-item-category theme-doc-sidebar-item-category-level-1 menu__list-item menu__list-item--collapsed"><div class="menu__list-item-collapsible"><a class="menu__link menu__link--sublist menu__link--sublist-caret" aria-expanded="false" href="/docs/overview/jackal-tldr">Overview</a></div></li><li class="theme-doc-sidebar-item-category theme-doc-sidebar-item-category-level-1 menu__list-item menu__list-item--collapsed"><div class="menu__list-item-collapsible"><a class="menu__link menu__link--sublist menu__link--sublist-caret" aria-expanded="false" href="/docs/using-jackal/wallet/keplr">Using Jackal</a></div></li><li class="theme-doc-sidebar-item-category theme-doc-sidebar-item-category-level-1 menu__list-item menu__list-item--collapsed"><div class="menu__list-item-collapsible"><a class="menu__link menu__link--sublist menu__link--sublist-caret" aria-expanded="false" href="/docs/contributors/join">Community and Contributors</a></div></li><li class="theme-doc-sidebar-item-category theme-doc-sidebar-item-category-level-1 menu__list-item"><div class="menu__list-item-collapsible"><a class="menu__link menu__link--sublist menu__link--sublist-caret menu__link--active" aria-expanded="true" href="/docs/protocol/modules/module-overview">The Protocol</a></div><ul style="display:block;overflow:visible;height:auto" class="menu__list"><li class="theme-doc-sidebar-item-category theme-doc-sidebar-item-category-level-2 menu__list-item menu__list-item--collapsed"><div class="menu__list-item-collapsible"><a class="menu__link menu__link--sublist menu__link--sublist-caret" aria-expanded="false" tabindex="0" href="/docs/protocol/modules/module-overview">Blockchain Modules</a></div></li><li class="theme-doc-sidebar-item-link theme-doc-sidebar-item-link-level-2 menu__list-item"><a class="menu__link" tabindex="0" href="/docs/protocol/p-o-p">Jackal Proof-of-Persistence Documentation</a></li><li class="theme-doc-sidebar-item-link theme-doc-sidebar-item-link-level-2 menu__list-item"><a class="menu__link menu__link--active" aria-current="page" tabindex="0" href="/docs/protocol/tokens">JKL Token</a></li><li class="theme-doc-sidebar-item-link theme-doc-sidebar-item-link-level-2 menu__list-item"><a class="menu__link" tabindex="0" href="/docs/protocol/encryption">Encryption in Jackal Protocol</a></li><li class="theme-doc-sidebar-item-link theme-doc-sidebar-item-link-level-2 menu__list-item"><a class="menu__link" tabindex="0" href="/docs/protocol/validators">Validators</a></li></ul></li><li class="theme-doc-sidebar-item-category theme-doc-sidebar-item-category-level-1 menu__list-item menu__list-item--collapsed"><div class="menu__list-item-collapsible"><a class="menu__link menu__link--sublist menu__link--sublist-caret" aria-expanded="false" href="/docs/official-links/jackal-protocol">Official Links</a></div></li><li class="theme-doc-sidebar-item-category theme-doc-sidebar-item-category-level-1 menu__list-item menu__list-item--collapsed"><div class="menu__list-item-collapsible"><a class="menu__link menu__link--sublist menu__link--sublist-caret" aria-expanded="false" href="/docs/ecosystem/grants-funding">Ecosystem</a></div></li><li class="theme-doc-sidebar-item-category theme-doc-sidebar-item-category-level-1 menu__list-item menu__list-item--collapsed"><div class="menu__list-item-collapsible"><a class="menu__link menu__link--sublist menu__link--sublist-caret" aria-expanded="false" href="/docs/nodes/install">Nodes &amp; Providers</a></div></li><li class="theme-doc-sidebar-item-category theme-doc-sidebar-item-category-level-1 menu__list-item menu__list-item--collapsed"><div class="menu__list-item-collapsible"><a class="menu__link menu__link--sublist menu__link--sublist-caret" aria-expanded="false" href="/docs/developers/intro">Developers</a></div></li></ul></nav></div></div></aside><main class="docMainContainer_gTbr"><div class="container padding-top--md padding-bottom--lg"><div class="row"><div class="col docItemCol_VOVn"><div class="docItemContainer_Djhp"><article><nav class="theme-doc-breadcrumbs breadcrumbsContainer_Z_bl" aria-label="Breadcrumbs"><ul class="breadcrumbs" itemscope="" itemtype="https://schema.org/BreadcrumbList"><li class="breadcrumbs__item"><a aria-label="Home page" class="breadcrumbs__link" href="/"><svg viewBox="0 0 24 24" class="breadcrumbHomeIcon_YNFT"><path d="M10 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">The Protocol</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">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>JKL Token</h1><h2 class="anchor anchorWithStickyNavbar_LWe7" id="overview">Overview<a href="#overview" class="hash-link" aria-label="Direct link to Overview" title="Direct link to Overview"></a></h2><p>The JKL token is an inflationary token that powers the Jackal Protocol. It has numerous use cases within the ecosystem, ensuring its utility and importance. In this documentation, we will outline the main use cases of the JKL token and explain its role in the Jackal Protocol ecosystem.</p><h2 class="anchor anchorWithStickyNavbar_LWe7" id="use-cases">Use Cases<a href="#use-cases" class="hash-link" aria-label="Direct link to Use Cases" title="Direct link to Use Cases"></a></h2><h3 class="anchor anchorWithStickyNavbar_LWe7" id="dapps">dApps<a href="#dapps" class="hash-link" aria-label="Direct link to dApps" title="Direct link to dApps"></a></h3><p>Applications built leveraging the Jackal Protocol, such as Jackal Storage and the RNS Marketplace, may choose to include the JKL token to expand its utility.</p><h3 class="anchor anchorWithStickyNavbar_LWe7" id="securing-the-network">Securing the Network<a href="#securing-the-network" class="hash-link" aria-label="Direct link to Securing the Network" title="Direct link to Securing the Network"></a></h3><p>As the Jackal Protocol is a Proof-of-Stake (PoS) Cosmos L1 blockchain, JKL can be delegated to validators to secure the network and earn JKL rewards. Otherwise known as staking or bonded tokens.</p><h3 class="anchor anchorWithStickyNavbar_LWe7" id="transaction-fees">Transaction Fees<a href="#transaction-fees" class="hash-link" aria-label="Direct link to Transaction Fees" title="Direct link to Transaction Fees"></a></h3><p>Transactions on the Jackal Protocol must be paid for using JKL. As the protocol is PoS, the cost of transactions is inexpensive.</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 tokens grant on-chain governance participation within the Jackal Protocol to vote on text, software, spend, and other 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 can act as collateral for validators, storage providers, and other smart contract use cases.</p><h3 class="anchor anchorWithStickyNavbar_LWe7" id="liquidity-provision">Liquidity Provision<a href="#liquidity-provision" class="hash-link" aria-label="Direct link to Liquidity Provision" title="Direct link to Liquidity Provision"></a></h3><p>JKL can be allocated into a liquidity pool to earn rewards.</p><h2 class="anchor anchorWithStickyNavbar_LWe7" id="unique-jkl-token-utility-for-users-and-storage-providers">Unique JKL Token Utility for Users and Storage Providers<a href="#unique-jkl-token-utility-for-users-and-storage-providers" class="hash-link" aria-label="Direct link to Unique JKL Token Utility for Users and Storage Providers" title="Direct link to Unique JKL Token Utility for Users and Storage Providers"></a></h2><h3 class="anchor anchorWithStickyNavbar_LWe7" id="users">Users<a href="#users" class="hash-link" aria-label="Direct link to Users" title="Direct link to Users"></a></h3><p>Users seeking storage solutions can leverage JKL tokens to pay for the storage services provided by storage providers within the Jackal Protocol. By utilizing JKL tokens as a medium of exchange, users can access a decentralized, secure, and censorship-resistant storage infrastructure.</p><h3 class="anchor anchorWithStickyNavbar_LWe7" id="storage-providers">Storage Providers<a href="#storage-providers" class="hash-link" aria-label="Direct link to Storage Providers" title="Direct link to Storage Providers"></a></h3><p>Storage providers are incentivized to offer storage space and maintain a high level of service by earning JKL tokens. By receiving JKL tokens as payment for their services, storage providers can cover the costs of infrastructure, hardware, and bandwidth while potentially profiting from their participation in the ecosystem.</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/protocol/tokens.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/protocol/p-o-p"><div class="pagination-nav__sublabel">Previous</div><div class="pagination-nav__label">Jackal Proof-of-Persistence Documentation</div></a><a class="pagination-nav__link pagination-nav__link--next" href="/docs/protocol/encryption"><div class="pagination-nav__sublabel">Next</div><div class="pagination-nav__label">Encryption in 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="#overview" class="table-of-contents__link toc-highlight">Overview</a></li><li><a href="#use-cases" class="table-of-contents__link toc-highlight">Use Cases</a><ul><li><a href="#dapps" class="table-of-contents__link toc-highlight">dApps</a></li><li><a href="#securing-the-network" class="table-of-contents__link toc-highlight">Securing the Network</a></li><li><a href="#transaction-fees" class="table-of-contents__link toc-highlight">Transaction Fees</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-provision" class="table-of-contents__link toc-highlight">Liquidity Provision</a></li></ul></li><li><a href="#unique-jkl-token-utility-for-users-and-storage-providers" class="table-of-contents__link toc-highlight">Unique JKL Token Utility for Users and Storage Providers</a><ul><li><a href="#users" class="table-of-contents__link toc-highlight">Users</a></li><li><a href="#storage-providers" class="table-of-contents__link toc-highlight">Storage Providers</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 © 2023 Jackal Labs</div></div></div></footer></div>
<script src="/assets/js/runtime~main.9ec92376.js"></script>
<script src="/assets/js/main.c9a6a646.js"></script>
</body>
</html>