Skate Protocol Launches First $SKATE Buyback Using Trading and Sequencer Revenue Streams

We’re excited to confirm Skate Protocol’s first-ever $SKATE buyback, a strategic milestone in our tokenomics roadmap. Funded entirely through trading fees generated by the Skate AMM and the sequencer rewards from Skatechain, this move initiates our long-term vision for Skate protocol revenue distribution and sustainable value return. The buyback mechanism marks a turning point where protocol revenue will flow directly to $SKATE holders.

The Skate Foundation has completed an initial programmatic buyback of 1,052,631.57895 $SKATE at an average acquisition price of $0.038. These tokens are earmarked for redistribution to $SKATE stakers participating during the pre-boost period, with the distribution scheduled for July 1st. This isn’t just a one-time event – it sets the stage for continuous revenue sharing. All future earnings will be distributed to $SKATE stakers via Skate’s Eigenlayer AVS, supporting decentralized security and enhancing protocol loyalty.

Buyback Marks New Chapter in Skate Protocol Revenue Distribution

The $SKATE buyback will leverage funds from two core revenue engines: trading activity on the Skate AMM and block rewards from the Skatechain sequencer. These components form the backbone of our DeFi infrastructure. The buyback signals that protocol-generated value will now directly benefit our growing community. It’s not just symbolic – it materially demonstrates that our flywheel is turning, and that real revenue will enhance the $SKATE ecosystem.

Stakers on Skate’s Eigenlayer AVS will be the primary beneficiaries after the buyback. The AVS, hosted on Eigenlayer’s official platform, is crucial in securing services and redistributing earnings. Revenue will be streamed back to stakers, establishing a circular incentive loop. By staking $SKATE on the AVS, holders actively contribute to chain security while earning yield from protocol fees and sequencer operations. This dual utility gives $SKATE staking a powerful edge in competitive staking environments.

Decentralized Revenue Sharing Begins With a Buyback

The upcoming $SKATE buyback is more than a token acquisition; it’s the kickoff to a larger framework where sustainable yield is shared through Skate’s Eigenlayer integration. $SKATE stakers can expect ongoing distributions that reflect actual on-chain earnings. This method sets a high standard for decentralized revenue sharing. Unlike speculative airdrops, this model relies on transparent, verifiable protocol income. As the trading volume and sequencer activity grow, so too will the staker rewards, anchoring the Skate protocol revenue distribution in tangible on-chain outcomes.

Season 2 and Distribution Mechanics Coming Soon

While the buyback is the immediate highlight, details around Season 2 are being finalized. Season 2 will introduce enhanced mechanics for staking, new gamified milestones, and increased rewards tied to protocol KPIs. The distribution model will include periodic snapshots, dynamic reward weighting, and extended AVS support. Users can expect a more transparent, data-driven reward cycle. Updates will also include dashboards tracking revenue flows, staking performance, and yield percentages. These additions will boost community trust and drive increased $SKATE lockup, reinforcing Skate protocol revenue distribution through both visibility and accountability.

What’s Next: Expansion and AVS Utility Growth

Looking ahead, Skate Protocol aims to expand its AVS integrations and deepen its stake-weighted participation models. With the buyback as a foundation, the long-term roadmap includes cross-chain liquidity routing, sequencer optimizations, and broader token utility within governance. $SKATE holders will remain at the center of this evolution. By committing to Skate protocol revenue distribution, the ecosystem strengthens its feedback loop – more usage leads to more revenue, which then supports stronger staking incentives. Details on Season 2, validator participation, and treasury allocations will follow in the coming weeks.