# sKNS Token

![](https://755734743-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FXnek40U0o57ngOE8WX1D%2Fuploads%2Fgit-blob-fd61092889d2d9c21a260d4278db2d7ecb4d0a7c%2Fskns-logo.png?alt=media)

## Token Information

* Token standard: KIP-7
* Token name: Staked Klaytn Name Service Token
* Ticker: sKNS
* Max supply: N/A
* Contract address: 0x08da4d66604154e1c43689b8b25aeed7d0343617

## Token Description

$sKNS token is a sign for (governance) staking $KNS.

The $KNS/$sKNS conversion rate begins at 1 and gradually increases as $KNS tokenomics rewards $sKNS holders. Hence, without making additional claims, you will have an increased number of $KNS by unstaking.