Skate Foundation
41 posts
@SkateFDN
The Skate Foundation progresses Skate AMM and stateless apps enabled by Skate Network, driving innovation and cross-chain composability.
Skate DAO has bought back another 45M $SKATE (4.5% of total supply) from the Skate treasury funds. Crypto is still early and the market remains difficult. But difficult markets are exactly when you double down on what matters. The one-click yield platform is the next chapter for Skate, making cross-chain yield accessible everywhere and turning real usage into sustainable earnings for the protocol. All bought back tokens will be put into a vesting contract with a 6-month cliff and linear unlock thereafter.
The Skate DAO has acquired another 1,281,903.04 SKATE tokens from the accrued vault fees from @skate_fi (fka Range Protocol) vaults, bringing total holdings to 3,477,466.51 SKATE.
We're deprecating @skate_fi (fka Range Protocol) vaults to consolidate everything behind Skate AMM and our upcoming cross-chain yield infrastructure. All accrued vault manager fees will be used to buyback SKATE tokens.
The Skate DAO has acquired another 323,247.1 SKATE tokens through this week's buyback program from protocol revenue, bringing total holdings to 1,852,933.15 SKATE.
The Skate DAO has acquired another 323,875.1 SKATE tokens through this week's buyback program from protocol revenue, bringing total holdings to 1,529,685.5 SKATE.
The Skate DAO has acquired another 258,562.6 SKATE tokens through this week's buyback program from protocol revenue, bringing total holdings to 1,205,810.5 SKATE.
The Skate DAO has acquired another 188,400.7 SKATE tokens through this week's buyback program, bringing total holdings to 947,247.9 SKATE.
The Skate DAO has acquired another 180,349.65 SKATE tokens through this week's buyback program, bringing total holdings to 758,846.23 SKATE.
The Skate DAO has acquired another 211,466.27 SKATE tokens through this week's buyback program, bringing total holdings to 578,496.58 SKATE.
The Skate DAO has acquired another 90,307.63 SKATE tokens through this week's buyback program, bringing total holdings to 367,030.30 SKATE.
The Skate DAO has acquired another 175,824.15 SKATE tokens through this week's buyback program, bringing total holdings to 276,722.67 SKATE. Following a planned infrastructure upgrade, aggregator integrations have resumed full functionality. app.step.finance/portfolio?wall…
Following the completion of our planned aggregator integrations and anticipated growth in organic trading activity, we are transitioning to a weekly buyback strategy utilizing protocol fees generated by the Skate AMM. Our latest buyback has secured another 46,142 SKATE tokens.
Two new DAO proposals are live for voting on Snapshot @solana Liquidity Mining Incentives snapshot.box/#/s:skatedao.e… @skate_chain x @KaitoAI Speed Run Season 2 snapshot.box/#/s:skatedao.e…
