Skate opens proposal voting based on ezSKATE Genesis Staking Incentive Program

The Skate Foundation announced that the proposal for the Genesis Staking Incentive Program based on ezSKATE has been opened for voting, powered by Renzo’s Flow Vault, aims to increase SKATE staking participation and strengthen DAO governance. The program will last for two months, providing participants with a target annual interest rate of 12%, and rewarded by distributing 300,000 SKATE tokens. The goal is to pledge at least 1.5% of the total SKATE supply (about 15 million SKATE) through ezSKATE, thereby facilitating governance activities and coordination before key product updates. The proposal voting deadline is September 6.