Range Protocol Launches Skate - A Universal Application Layer

Wednesday, 3 April 2024, 10:03

Range Protocol has launched Skate, a universal application layer empowering apps to run across thousands of chains with one state. Backed by web3 pioneers such as EigenLayer and Polygon, Skate aims to solve application fragmentation in the multi-chain landscape. With Skate's intent-centric design, developers can efficiently deploy applications on diverse chains with improved interoperability and user experience.

https://store.livarava.com/9936fc33-f1a1-11ee-8946-87cc5c87fb08.jpg — Range Protocol Launches Skate - A Universal Application Layer

Unified Liquidity Platform Range Protocol Unveils Skate: The First Universal Application Layer Powering Apps to Run on All Chains With One State

Singapore, Singapore, April 3rd, 2024, Chainwire Skate is backed by leading founders in web3, including EigenLayer, Polygon, Manta, Axelar, Pendle, A41 and Galxe, supporting its vision to make web3 efficient for a modular future by solving application fragmentation

Move from Duplication to Innovation: One Skate, One State

Skate is the only intent-centric application layer in the ecosystem, enabling applications to run across thousands of chains and different tech stacks at the same time through a single interface. Skate works as a hub for deploying, developing and maintaining a singular version of smart contracts while servicing users across diverse chains.

Securing the Modular Future, Backed by Web3 Pioneers

The launch of Skate is supported by buy-ins from leading web3 players, including EigenLayer, Polygon, Manta, Axelar, Biconomy, Pendle, A41, Vertex, Navi, Galxe, Pontem and more. Skate's launch also follows Range Protocol’s $3.75M seed round last year, led by HashKey Capital and Nomad Capital.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.