Skate launches SKATE token on the full chain application layer, with initial community allocation accounting for 12% of the total

Odaily Planet Daily News: Skate, the full chain application layer, announced the launch of SKATE token on X, with an initial community allocation accounting for 12% of its total supply, and has completed its first reward snapshot. In addition, 1% of SKATE supply will be allocated to the Kaito Yapper leaderboard. The Golden Age event on SkatePark will continue until TGE, during which users can earn double points and Jackpot rewards. In addition, Ollies' maximum supply remains at 5 billion. So far, users have earned 3.2 billion Ollies in the first quarter. The remaining 1.8 billion Ollies can still be obtained in Golden Age and can be earned twice as much Ollies through Skate Shuffle.