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Oyster Shell (SHL)

$ 0.00
1.09 %
Main info
News
Comments
Markets
Analytics
Volume (24h)
$2.42
1.09 %
Total supply
1,000,000,000,000 SHL
Max. supply
1,000,000,000,000 SHL

About Oyster Shell

Oyster is the new paradigm for the internet economy that breaks the stalemate between advertisers and ad blockers. Website owners add the one line Oyster code to their site HTML to turn their visitors into treasure hunters that search for Oyster Pearls: the PRL token. Treasure hunting means a visitor’s browser performs light Proof of Work micro-puzzles that discover embedded PRL in the encrypted data maps of uploaded files. Storage users spend PRL to reliably and anonymously store their data as website visitors’ browsers maintain the retention of such data whilst hunting for the spent PRL.

Key data

updated $0
Market cap$0
Volume 24h$2.42

Oyster Shell (SHL) is the token of the Oyster Protocol, a project built around decentralized data storage and web monetization. In simple terms, it was designed to let websites earn revenue through storage services instead of ads, while SHL served as the token powering that ecosystem. It's an ERC-20 token on the Ethereum blockchain.

Frequently asked questions

What is Oyster Shell and how is it different from other tokens?

SHL is the utility token of the Oyster Protocol, a project that aimed to combine decentralized file storage with website monetization. Unlike most tokens, it was tied to a specific technical use case: paying for storage and broker services within the protocol. It exists as an ERC-20 token on Ethereum, so it behaves like any standard Ethereum-based asset.

How does the Oyster Protocol technology work?

The core idea was to split files into encrypted fragments and store them across a peer-to-peer network of nodes, called "brokers." Websites could embed a small script that would use visitors' browsers to help process and store data, generating revenue for the site owner. SHL was used to pay for these storage and retrieval services.

What is the supply and emission model of SHL?

SHL was distributed to holders of the project's other token, PRL, through an airdrop, meaning the supply was largely set at launch rather than mined over time. There was no ongoing mining or staking emission mechanism. You can always check the fixed total supply directly on the blockchain via the smart contract address.

How can I store and use SHL?

Since SHL is an ERC-20 token, it can be stored in any Ethereum-compatible wallet such as MetaMask, Ledger, or Trust Wallet. You can verify authentic tokens by checking the contract address 0x8542325b72c6d9fc0ad2ca965a78435413a915a0 before interacting with them. Always confirm the address, as fake tokens with similar names exist.