What are skill points?
Skill points are used to teach your pet different abilities. To determine the total amount of points your pet has, multiply your pet’s level by your loyalty level minus one. So a level 11 pet at loyalty level 4 will have: (11 x (4-1)) = (11 x 3) = 33 points. The maximum loyalty level is 6 so the current skill point cap is 350 at level 70.