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Skate Launches Genesis Staking Incentive Program Proposal Voting, Targeting 15 Million Tokens
11hours ago

The Skate Foundation has announced that voting has opened for its "Genesis Staking Incentive Program" proposal based on ezSKATE. Powered by Renzo's Flow Vault, the program aims to increase SKATE staking participation and strengthen DAO governance. The two-month program will offer a target annual interest rate of 12% and distribute 300,000 SKATE as rewards. The goal is to achieve a minimum of 15 million SKATE (approximately 1.5% of the total supply) staked via ezSKATE. Voting on the proposal closes on September 6th.