The full-chain application layer Skate launches SKATE tokens, with the initial community allocation accounting for 12% of the total

Odaily News Skate, the full-chain application layer, announced the launch of SKATE tokens on X, with the initial community allocation accounting for 12% of its total supply, and the first reward snapshot has been completed. In addition, 1% of the SKATE supply will be allocated to the Kaito Yapper leaderboard. The Golden Age event on SkatePark will last until TGE, during which users can receive 2x points and Jackpot rewards.
Additionally, the maximum supply of Ollies remains at 5 billion. So far, users have earned 3.2 billion Ollies in Season 1. The remaining 1.8 billion Ollies are still available in Golden Age, where you can earn 2x Ollies through Skate Shuffle.