SKALE SKL / SKALE

What Is SKALE Network (SKL)?

SKALE is a blockchain platform built to scale AI agents and privacy-focused onchain applications. BITE (Blockchain Integrated Threshold Encryption) encrypts onchain actions at the consensus layer, protecting agent strategies, user data, and order flow while preserving public verifiability. On top of this, SKALE enables gasless transactions, instant finality, and high throughput, so agent loops and microtransactions feel like Web2 while staying onchain. SKALE Expand lets these capabilities plug into other EVM ecosystems, keeping agents close to liquidity while running on private, scalable rails. SKALE empowers protocols like x402, AP2, and ERC-8004, plus tools like MachinePay, enabling agents to pay for APIs, data, and compute autonomously while keeping transaction flows confidential and costs predictable.

Who Are the Founders of SKALE Network?

SKALE Network was founded by Jack O’Holleran and Stan Kladko, both of whom have vast experience across the software industry.

O’Holleran — the co-founder and CEO of SKALE — is a technology entrepreneur specializing in blockchain and decentralized systems. He continues to hold a strategic advisor role at Aktana, the life sciences company he co-founded in 2008.

According to his LinkedIn profile, O’Holleran began the early stages of his career as an account executive at Good Technology. He spent two years there before joining Motorola’s business development and product strategy division.

Kladko spent many years obtaining a Ph.D. in physics prior to co-founding SKALE and worked for 16 years as a technology executive in San Francisco’s Silicon Valley.

He has co-founded several other companies, including Galactic Exchange and Cloudessa.

What Makes SKALE Network Unique?

SKALE is purpose-built to support high-performance decentralized applications that demand seamless, invisible blockchain experiences. Its unique architecture, offering zero gas fees, instant finality, and high throughput, makes it ideal for applications in gaming, AI, and other computationally intensive sectors.

How Many SKALE (SKL) Coins Are There in Circulation?

The total supply of SKL tokens at the launch of the SKALE Network was 4.1 billion. When it comes to the maximum supply, this figure is fixed at 7 billion tokens.

According to a white paper released by the SKALE Network in July 2020, one-third (33%) was allocated to validator rewards, 28.1% was earmarked for delegators, 16% was allocated to the broader founding team, 10% to the SKALE Foundation, 7.7% to the protocol development fund, 4% to the core team pool and 1.3% to the ecosystem fund.