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Skate launches Genesis Staking Incentive Plan Proposal Vote, aiming to stake 15 million tokens

Summary: According to reports, the Skate Foundation has announced the launch of the 'Genesis Staking Incentive Plan' proposal based on ezSKATE. Supported by Renzo's Flow Vault, the plan aims to increase SKATE staking participation and strengthen DAO governance. The two-month plan sets a target annual interest rate of 12% and will distribute 300,000 SKATE tokens as ...

According to reports, the Skate Foundation has announced the launch of the 'Genesis Staking Incentive Plan' proposal based on ezSKATE. Supported by Renzo's Flow Vault, the plan aims to increase SKATE staking participation and strengthen DAO governance. The two-month plan sets a target annual interest rate of 12% and will distribute 300,000 SKATE tokens as rewards, with the goal of staking at least 15 million SKATE tokens through ezSKATE (approximately 1.5% of total supply). The proposal vote will end on September 6th.

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