Skate
@skate_chain
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Connecting all VMs. Interact with applications from any VM while staying on your favorite chain. Backed by @HashKey_Capital @SeliniCapital @NomadCapital_io
SkatePark
Joined March 2024
Devs have been cooking for so long it took an hour to compile this. A 🧵 on key highlights: . Skate AMM cross-VM expansion, Pulse Quoting v0.1, Audit completion, 5 billion restaked on Skate AVS, DAO Initiation and future buybacks.
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gSkate to more chains. gSkate to more users. gSkate to more stateless apps.
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gSkate to all the weekend Web3 builders out there.
3/ The first audit with Nethermind Security covering both SolanaVM and EVM codebases is nearing completion, and conversations are underway to initiate a second audit. With this, a new call to action for adding/removing liquidity will be enabled for users.
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6/ Post-Sui, Skate AMM now spans three blockchain VMs, and we’re rolling out a single indexing backend to normalize swap data across all of them. Volume on the front end may look muted for now till the aggregation layer isn’t fully synced.
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5/ The protocol is preparing to launch Skate DAO, with the inaugural governance proposal focused on SKATE token buybacks using protocol revenue. The recent infrastructure growth and new ecosystem support (including Pulse Quoting and @SuiNetwork expansion) directly feed into the.
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4/ Skate AMM is now live on @SuiNetwork, with the SUI–USDC pair seeing steady and growing volume. This marks another step in multi-VM liquidity shared liquidity pool with additional trading pairs slated for rollout soon.
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3/ The first audit with Nethermind Security covering both SolanaVM and EVM codebases is nearing completion, and conversations are underway to initiate a second audit. With this, a new call to action for adding/removing liquidity will be enabled for users.
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2/ Skate’s @eigenlayer AVS has surpassed 5 billion in economic trust. This reinforces the alignment between protocol revenue and security guarantees, advancing the stateless app flywheel in collaboration with the EigenCloud team.
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1/ The engineering team rolled out Pulse Quoting v0.1 on @solana, an important optimization that enables near-instant settlements built on asynchronous interactions. Within 2 days of going live, it has settled >500k in trading volume and is the second biggest liquidity venue.
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Pulse Quoting goes live soon. Stateless design involved asynchronous execution through a callback from @eigenlayer AVS. Pulse quoting turns that into instant settlement. Deepest Liquidity, 1-click execution.
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believe in somETHing.
10 years of Ethereum.
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What’s popping on the trading front, and where’s it happening, fam?.
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First, EVM blockchains.Then, @solana .Now, Skate AMM is officially live on @SuiNetwork blockchain.
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We are actively hiring. Join us.
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RT @alt_v0rtex: Pulse Quoting will be a major upgrade to Skate AMM, enabling instant settlements on shared liquidity pools across multiple….
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gSkate fam. Put your reading glasses on, lots of updates for the community.
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