Siddharth Lalwani is the CEO of Skate. He graduated from Nanyang Technological University, Singapore, previously worked as an investment research manager at Altonomy.

Investors and Advisors: 15%, 6 Months Cliff, followed by multi-year vesting schedules Public Sale: 1.5%, 40% Unlocked at TGE, the rest will be unlocked over 3 Months. Airdrop: 10%, 100% Unlocked at TGE Team: 10%, 6 Months Cliff, 42 Months linear vesting Liquidity & Exchange Reserve: 18%, will follow dynamic release models designed to incentivize consistent participation and growth Community: 45.5%, will follow dynamic release models designed to incentivize consistent participation and growth

Skate AMM functions as middleware to unify liquidity across multiple VMs, enabling real-time, cross-chain price alignment and efficient arbitrage execution. This shared liquidity state improves asset usability and trust as projects expand into new ecosystems.

SKATE serves as the foundational utility and governance token of the Skate protocol, designed with key functionalities: Governance: SKATE token holders can stake their tokens to participate in protocol governance, influencing key decisions such as incentive allocations and protocol parameter adjustments. Staking duration and magnitude will determine voting power, promoting long-term commitment. Ecosystem Incentives: SKATE plays a pivotal role in bootstrapping adoption and driving growth in Liquidity Providers, Skate AVS Incentives, Sateless App Incentives and Community Contributions.

Unified Global Bitmap: A shared liquidity model that synchronizes pricing across all supported chains in real time. Global Pricing State: All trades inherit a unified price curve anchored to deep liquidity pools on canonical chains (e.g., Ethereum L1), ensuring consistent pricing across environments. Automated Cross-Chain Rebalancing: Powered by Hyperlane, Skate AMM actively balances liquidity across VMs through fast, reliable messaging infrastructure.

The trading market for this currency may experience significant fluctuations due to technical, legal, regulatory, and other factors. Please thoroughly understand the project details and conduct sufficient market research before participating. Gate cannot guarantee that the currency will be listed on the exchange. The final listing status will depend on various factors, and the official listing announcement shall prevail.

By participating in the project, you accept our Airdrop Terms and Conditions