SIP-2: sChain Pricing Addendum

Overview

SKALE is an open source, community driven project with the goal of bringing the power of Ethereum to hundreds of millions, if not billions of people. This is a lofty goal that relies on the network’s ability to grow with sustainable economics. This proposal has met the requirements for the network by being posted on the SKALE Network open forum on the 13th of March in 2025, and has been open for comment and discussion since. The period for comment will close in relation to this vote. If this vote passes successfully, additional changes may be proposed on the forum and made once a subsequent successful vote has passed.

Parameters

The following are the actions being taken if this passes successfully:

1. Chain pricing will increase from $3,600 USD per month paid in SKL to $7,200 USD per month paid in SKL.
2. This update will be pushed on the SKALE Paymaster which lives on the Europa Hub.
3. This update will modify the schainPricePerMonth variable ONLY
4. Chain pricing will increase at the rate above starting on April 1, 2025

Impact

The impact of this proposal will be a direct jump in revenue for the SKALE Network and the validator operators. It will also bring the network one step closer to the long term price target of $1,000,000 USD per year per medium SKALE Chain.

In the short term, the impact of a passing vote will be all unpaid SKALE Chain Rent will be elevated to the new price. This means chains who owe more than next months payment will have their unpaid sChain fees double.

Conclusion

As the SKALE Network continues to pioneer a path towards blockchain sustainability in the industry the SKALE community has been working to bring the second economic focused proposal forward and into a vote! SIP-2 represents a simple but strong step forward for the SKALE Network.

About Me

Most of you in the community know me as one of the lead community developers. I also spend a considerable amount of time building open source tools, speaking about SKALE at events and online, supporting projects building, and holding developer workshops as an independent developer. In addition, I consult and work with a number of entities in the SKALEverse on a contract basis including some key projects within SKALE and the core team. I was asked by a number of stakeholders within the SKALE ecosystem to support and work with the various constituents of the network in an effort to bring SKALE Chain pricing and payments to life through the official governance process of the SKALE Network. Since the passing of SIP-1, I have continued to research various economic components that are common throughout blockchain networks such as gas prices, throughput of chains, uptime, scalability, etc and have continued discussions with others on ways we can continue to move SKALE's economic model forward. Thank you to everyone who reviewed my initial proposal, provided feedback, and worked to help support this great step forward for the network.

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