sKLAY is an ownership and liquidity token that is given through smart contracts for KLAY staked through KLAYstation, KLAY's official staking tool, and can remedy liquidity limitations to grow Klaytn's Decentralized Finance (DeFi) ecosystem. There are people in this picture sKLAY allows the holders of sKLAY to use their assets for a variety of revenue opportunities offered by Klaytn, as well as injects direct liquidity to the current Klaytn platform. sKLAY is a token that gives KLAY owners the power to exercise rights over their staked assets. The amount of sKLAY held will determine how much the reward will be shared. There are people in this picture Transactions are made possible by sKLAY adhering to the KCT standard. This increases the efficiency of assets by allowing withdrawals at any time without having to go through the unstaking period. While sKLAY has the same value as corresponding KLAY, sKLAY may have a different price at the time of trading. There are people in this picture sKLAY is a reliable source of asset value in the Klaytn network. It's of immense value to users who have staked KLAY.
