Skate, formerly known as Range Protocol, is a unified liquidity provisioning platform that empowers applications to operate across thousands of blockchains with a single state. Underpinned by robust on-chain trading infrastructure, Skate combines the best of automated market makers (AMMs) and request-for-quote (RFQ) to deliver optimized strategies for the next generation of investors.
Key Features of Skate
- Cross-Chain Interoperability: Skate facilitates effortless cross-chain interactions, establishing an unprecedented level of coherence between different blockchain ecosystems.
- Universal Application Scope: Skate introduces the concept of a Universal Application Scope, where essential applications are developed collectively and maintained in a shared pool accessible to all chains, regardless of their underlying Virtual Machine environment.
- Fast Finality Network: At the core of Skate is the Fast Finality Network, secured as an EigenLayer Actively Validated Service (AVS), which accelerates transactions to rapid conclusion while ensuring security and reliability.
- Modular Web3 Solution: Skate solves the challenge of dApp/chain-liquidity fragmentation in a modular web3 landscape, ensuring foundational needs are met efficiently and allowing each chain to focus on creating unique, value-added services.
- Extensive Partnerships: 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.
