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Introducing Skate: the First Universal Application Layer of All Chains


Range Protocol has introduced Skate, a universal application layer enabling apps to operate on thousands of blockchains with a single state. This innovation addresses issues like application fragmentation, high development costs, poor user experiences, fragmented liquidity, and toxic liquidity flows in the multi-chain landscape. Skate uses a hub-and-spoke model and EigenLayer for real-time transaction finality, maintaining a global state and application logic accessible to all chains. This allows for seamless multi-chain applications without bridging risks, benefiting sectors like DeFi, NFTs, gaming, and more.
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