SKATE Token Claim Goes Live
Skate Chain, a cross-chain protocol connecting blockchains like Solana and Ethereum, is distributing $SKATE tokens as part of its Token Generation Event (TGE). Kaito AI, a crypto analytics platform, is facilitating this claim for its community, targeting those who engaged in Skate’s AMM trading (0.5% of $SKATE supply allocated) and other ecosystem activities. This airdrop aims to incentivize early adopters and boost Skate’s interoperability mission, with claims opening alongside Skate’s Binance Alpha and Futures listing on June 9 at 10:00 UTC [Skate Chain & Token Analysis, coinlaunch.space]. Recent NewsSkate has been on fire lately! On June 4, it hit $500M in AMM trading volume, generating $18K in fees for its EigenLayer AVS [Post 1930251117763736031]. The project also raised $3.75M in a Seed Round from HashKey Capital and others, and plans a $1M ICO on Legion Launchpad [Skate Chain & Token Analysis, coinlaunch.space]. Meanwhile, Kaito AI’s Yaps program has fueled community engagement, unlocking 95bps of $SKATE rewards [Post 1930935491265708060]. Future PlansSkate’s roadmap includes expanding its universal smart contract deployment across EVM and non-EVM chains, reducing DeFi fragmentation. The Skate Foundation also opened CEX pre-deposits on Bitget and KuCoin, closing June 7, to streamline claims [Post 1930939253401547065]. Looking ahead, Skate aims to deepen integrations, with more airdrops for Kaito’s Yapper Leaderboard via Kaito Earn [Post 1930939256362746214]. Onchain DataSkate AMM’s volume soared to $1.02B by June 4, with $102.23 in fees (0.01% rate) [Post 1930252147993551249]. Onchain analytics for Kaito ecosystem participation (e.g., wallet activity) aren’t public, but AMM user counts are low—under 4K—meaning high potential rewards for participants [Post 1929474790651310516]. Community SentimentX is buzzing with excitement! Users like @Caneleo55 appreciate Kaito’s clear timelines, while @Tessara_web3 finds “yapping fun” [Posts 1930951220031598621, 1930952952996368890]. Some, like @pal1enm, seek clarity on Kaito Eco eligibility, reflecting strong interest [Post 1930963403515793717]. Why It MattersThis airdrop could drive $SKATE adoption, especially with its Binance listing fueling trader interest. For users, it’s a chance to join a growing DeFi ecosystem with low entry costs—$100K in AMM volume (just $10 in fees) can land you in the top 100 [Post 1929474790651310516]. Risk DisclaimerAirdrops can lead to price volatility post-TGE. Always verify links and avoid sharing private keys to prevent scams.
KAITO
June 9
