$SKATE The second season of the staking event ends on the 18th, so those who want to participate should hurry, only 1 day left, and if you miss it, there won't be this wave of benefits.
The profits from this staking rely entirely on the protocol fees of Skate AMM, and in just three weeks of the test version, over $20,000 has been distributed. You know how fast this money-making is. Moreover, in the future, we will also add the profits from stateful applications; the hotter the ecosystem gets, the more we earn. In terms of security, eigenlayer provides protection, and staking can also earn EIGEN rewards, which connects with the Ethereum restaking ecosystem, bringing many benefits.
June is full of actions, with weekly buybacks of $SKATE, integration of aggregators, distribution of profits, and collaboration with the Sui ecosystem. The key point is that staking before the 18th will have a time-weighted reward multiplier, the earlier you stake, the more you earn, with a maximum of 5 times. Even if you redeem midway, the multiplier just resets, the Points remain, and it’s very flexible.
In simple terms, it’s about distributing the money earned by the protocol to us skate stakers, and because of the cooperation with eigenlayer, we might also benefit from eigen’s rewards, gaining multiple benefits and ensuring profit with no loss. The annualized return is already over 1100%, so those holding assets, don’t hesitate.
Brothers, follow me for more information.
