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Posted: 2025-04-26 17:04:52 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-04-26 17:11:04 UTC
Verified By
Rollup News
$Skate aims to resolve application fragmentation in Web3 by providing a universal application layer, reducing development costs, improving user experience, unifying liquidity, and supporting industry growth through its hub and spoke architecture leveraging EigenLayer.
Reduces development costs and efforts by allowing a single deployment across multiple chains.
Improves user experience by enabling interaction with applications from any VM while staying on their favorite chain.
Unifies liquidity and reduces fragmentation, allowing for more efficient cross-chain transactions.
Supports industry growth through interoperability and a hub and spoke architecture.
Empowers applications to run on thousands of chains with a single state.
Application fragmentation across multiple chains.
Liquidity fragmentation leading to inefficiencies.
Navigating multiple networks requiring bridging assets which can be slow, costly and risky.