PANews reported on June 5 that, according to official news, the universal application layer protocol Skate has announced its token economics. SKATE is the basic utility and governance token of the Skate protocol, with a fixed initial issuance total of 1 billion tokens, of which 10.00% is allocated to the team, 18.00% is reserved for the ecosystem, 10% for the initial airdrop, and 45.50% for the community.
According to previous news, the universal application layer Skate may conduct its TGE on June 9.
