Reimagining Web3 and AI: The Strategic Alliance Between Skate and 0G
Skate has officially announced a groundbreaking partnership with @0G_labs, targeting a new era of AI native, multi chain infrastructure. This collaboration centers around three strategic pillars: deploying @skate_chain cross VM AMM on 0G’s L1, establishing liquidity infrastructure for Liquid Node Tokens (LNTs), and integrating 0G Storage as the default layer for stateless, data rich applications.
Skate AMM on 0G L1:
By launching Skate’s cross VM AMM on 0G’s Layer 1, assets within the 0G ecosystem gain access to deep liquidity across 20+ blockchains. This unified trading curve enables seamless execution across EVM, SolanaVM, and MoveVM environments.
Liquidity Infrastructure for LNTs:
0G’s AI Alignment Nodes secured through license NFTs generate Liquid Node Tokens (VT & YT), which require scalable liquidity. Powered by Skate and ZooFinance, a dedicated liquidity layer will support the trading and utility of these novel AI-powered assets.
0G Storage for Stateless Applications:
0G introduces a decentralized, Web3 native storage solution with S3 level speed, built specifically for AI-scale workloads. As Skate expands stateless app deployment across chains, 0G becomes the go-to storage backbone, offering high throughput and no compromise between decentralization and performance.
Conclusion:
Together, Skate and @0G_labs are building the foundation for a new wave of AI-native, multi-chain applications that demand unified liquidity, frictionless execution, and robust data infrastructure. This partnership is a significant step toward a decentralized, intelligent, and data driven future.
@officialyonwell
@ciro4space
Wow. Press Secretary Karoline Leavitt brought her baby to the Oval Office—humanizing children in front of the most powerful people in the world. Children aren’t burdens; they’re the future.
My dear Awais bhai:
1. Now you really have me confused and I think also the solar consumers. You say you aren’t imposing gross metering and new consumers will receive Rs 10 per unit but the press release by the government’s own Press Information Department says “Additionally, the ECC also approved an update to the settlement mechanism. Under the new structure, imported and exported units will be treated separately for billing purposes. The exported units will be purchased at the revised buyback rate of Rs 10 per unit, while the imported units will be billed at the applicable peak/off-peak rates, inclusive of taxes and surcharges, during the monthly billing cycle”. If there is no netting off of the exported units and consumption, then it is called gross metering.
2. Now both of us know that KE has been doing this kind of accounting since the beginning and charges sales tax to consumers when selling and withholds sales tax from consumers when buying. And that’s the way FBR and legal experts thinks this should be treated as you have two separate commercial sale transactions. So given your new way of accounting, mandated by the ECC, and given in its press release, Discos will have to withhold sales tax on units bought. Which means the old customers will see their payment reduced per unit from Rs 27 to Rs 22.88 and new consumers will be getting only Rs 8.47 as I said in my earlier tweet.
3. But suppose not. Suppose sales tax is not withheld (as KE does) and consumers get Rs 10. Even then the consumers can easily buy batteries and store power and use it during peak hours when you are selling for Rs 56.64 (inclusive of Rs 8.64 per unit sales tax) and not buy from you. Moving away from netting the units off and setting a lower buyback rate will make storage a good investment for many, even at today’s battery prices. And battery prices are projected to decrease considerably in the coming years. Moreover, it will encourage neighbourhood sharing (a person with solar panels selling his neighbour extra power at half the rate of the grid during the day) and local area networks (several neighbours joined in that arrangement) which will make consumers buy even less from Discos. Therefore Discos are liable to lose a lot more even if you try to prevent the spread of new, green technology. DISCOs have no other choice but to improve their performance, reduce their theft and losses and embrace innovation and technology.
4. Next you calculated “burden” by counting customers using their own produced electricity as a burden on the grid. How can consumers not buying from the grid be a burden be a burden on the grid? By this logic if a consumer puts in an energy-saver light bulb, he is also becoming a burden on the grid! Let’s be real. Consumers are not a burden on the grid. Grid is a burden on the consumers.
5. Next you show CPPA working whereby it is showing that the day time variable cost is Rs 9.72 but the night night time variable cost is Rs 42. How is that even close to possible. It is not. Further, solar production and netting-off are done with off-peak consumption. How is the peak power production cost relevant here? Hence the idea of consumers causing a burden of Rs 150 bn is both conceptually and computationally wrong.
6. Discos are licensed as a govt monopoly only to ensure that they will supply power cheaper than the market or what customers can themselves produce. But you are still saying you want to sell them power several times higher than customers’ own cost. What is the point of having a government-owned monopoly if you are going to have extortionate pricing.
7. If the grid’s variable cost is only Rs 9.70 then why, pray tell, are you selling power at Rs 48 plus 18% sales tax. Why not closer to the variable cost. Please prioritize reforms in DISCOs and price power closer to variable cost. You will sell more units and consumers and grid both will be better off.