Coin98, a decentralized finance solution that offers various financial services on multiple blockchains, has announced an exclusive partnership. According to the platform, it is integrating Skate, a platform that provides unified liquidity, to make Web3 mechanisms more user-friendly and accessible. The company revealed this development on its official account on the social media platform X.
Coin98 Super Wallet now integrates Skate, the only universal application layer that empowers apps to run on thousands of chains with one state. Update Coin98 Super Wallet and embrace Skate for Multichances today! [link]
In a recent blog post, Coin98 expressed the integration of Skate Testnet, a universal app layer that enables applications to operate on thousands of blockchains with one state. The platform acknowledged that the blockchain sector is rapidly evolving with various scaling solutions. However, this presents challenges such as app fragmentation and puts pressure on users and developers with app management.
These issues result in higher costs and inefficiencies. However, both Coin98 and Skate share a vision of increasing the user-friendliness and accessibility of Web3 systems. Skate, formerly known as Range Protocol, now offers a Universal Application Scope to unify and streamline the multi-chain realm. It allows developers and consumers to interact with one interface to access each network.
This enables the unification of liquidity and eliminates the need for multiple interactions. Skate brings significant enhancements to the blockchain experience. The integration of the Skate Testnet allows Coin98 users to conveniently restore or create Skate wallets. They can also link their Coin98 Wallet to participate in the SkatePark event and collect Ollies.
The company urges users to upgrade to leverage Skate and also encourages them to participate in Skate’s community for a unique user experience. Skate has become part of the ranks of over a hundred blockchains and has seamlessly integrated into Coin98’s wallet. This development marks a milestone in Coin98’s multichain journey. The company invites people to take advantage of the latest developments.
Additionally, the company provides step-by-step instructions for developing a unique multi-chain wallet and advises users to update their Coin98 Super Wallet in order to leverage the features provided by Skate. With a shared vision to revolutionize Web3 accessibility, both entities aim to further their partnership.
