SKALE is a decentralized network that aims to improve the scalability and security of Ethereum-based applications. It utilizes a unique consensus mechanism called Proof of Stake (PoS) to validate transactions and secure the network. SKALE tokens (SKL) are used to pay for transaction fees and participate in the network’s governance. The project seeks to address the limitations of the Ethereum network, such as high fees and slow transaction speeds, by providing a more efficient and scalable platform for decentralized applications.