
Siddharth Lalwani πΉ
@alt_v0rtex
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Co-Founder and CEO @skate_chain https://t.co/nOCQk4njyD
Singapore
Joined August 2022
We just performed our first major protocol revenue distribution. The road ahead -. 1. So far, we have scaled the Skate AMM with internal bootstrapped capital which has clear limits. With the completion of our first audit with @NethermindSec soon and opening up add liquidity.
We are pleased to announce the successful completion of the initial ezSKATE distribution for the Skate @eigenlayer AVS, with a total approximate value of $46,000 USD at the point of distribution. Distribution Details:. For SKATE Stakers: A total of 600,000 ezSKATE has been
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Pulse Quoting will be a major upgrade to Skate AMM, enabling instant settlements on shared liquidity pools across multiple blockchain ecosystems like @solana, @SuiNetwork, @base etc. Better UX + Better Pricing will translate to higher volumes and higher protocol revenue.
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Another feature request @Punk9277 . Kaito should in a job listing feature where we can put yap scores and other data points @KaitoAI stores to hire candidates for ambassador like positions.
Also shedding some light on the @KaitoAI distribution as I saw some queries recently. The focus for the current distribution was to initially short list from yapping mindshare and then amplify the incentives based on different multipliers like the tangible value it brings to.
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RT @skate_chain: 4 billion+ in economic security for Skate @eigenlayer AVS. Stateless, Verifiable, Every chain.
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RT @BraineeGa: another big integration coming to Skate AMM. ngl, @skate_chain has been cooking nonstop since tge. based team with @alt_v0β¦.
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Next 1 month of @skate_chain in 1 tweet. 1. Completion of audit with @NethermindEth and enabling the next phase of Skate AMM, DROP IN, allowing users to add/remove liquidity. 2. Skate AMM launching on @SuiNetwork . 3. Launch of ezSKATE, enabling minting and burning and.
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The ecosystem's flywheel is officially in motion.
The initial ezSKATE distribution for SKATE stakers is now live on The minting and burning functionalities for ezSKATE will be enabled early next week, coinciding with the distribution for other Skate @eigenlayer AVS stakers.
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Also shedding some light on the @KaitoAI distribution as I saw some queries recently. The focus for the current distribution was to initially short list from yapping mindshare and then amplify the incentives based on different multipliers like the tangible value it brings to.
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Liquid Node Tokens (LNTs) will change the dynamics of Node sales, and Skate AMM stands ready to become the liquidity engine powering this new frontier.
Zoo Finance is cooking up something big for 2025 ππ!. LNT is a revolutionary DeFi protocol redefining Initial Node Offering (INO) with instant liquidity and all-in-one node management. Zooers, let's unleash the π run together.
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