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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 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 class="hash-link" href="#what-does-the-jkl-token-do" title="Direct link to heading"></a></h2><h3 class="anchor anchorWithStickyNavbar_LWe7" id="fueling-dapps">Fueling dApps<a class="hash-link" href="#fueling-dapps" title="Direct link to heading"></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 class="hash-link" href="#network-security" title="Direct link to heading"></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 class="hash-link" href="#affordable-transactions" title="Direct link to heading"></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 class="hash-link" href="#governance" title="Direct link to heading"></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 class="hash-link" href="#collateral" title="Direct link to heading"></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 class="hash-link" href="#liquidity" title="Direct link to heading"></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 class="hash-link" href="#data-storage" title="Direct link to heading"></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 18.4h-6.3v-6.2z"></path></g></svg>Edit this 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