The Skate Foundation completes its first ezSKATE distribution, and future repurchase and distribution control will be transferred to stakers.

The $Skate Foundation announced that the first distribution of ezSKATE has been completed, with the distributed tokens worth approximately $46,000. Eligible $SKATE stakers and AVS operators received rewards. The $Skate Foundation added that with the establishment of the $Skate DAO, control over future $SKATE token buybacks and distributions will be directly transferred to stakers. More details will be announced soon. [Foresight News]