Coin98, a decentralized finance platform that offers a variety of financial services across multiple blockchains, has recently announced an exclusive partnership. The platform revealed that it is incorporating Skate, a platform designed to provide unified liquidity, to enhance the user-friendliness and accessibility of Web3 mechanisms. This exciting development was shared on Coin98’s official social media account.
The integration of Skate Testnet was highlighted in a recent blog post by Coin98, emphasizing its role as a universal application layer that enables applications to function across thousands of blockchains with a single state. The rapidly evolving blockchain industry has presented challenges such as app fragmentation and complexities in app management for users and developers due to the various scaling solutions available.
In an effort to address these challenges and improve the user experience, Coin98 and Skate share a common goal of simplifying multi-chain interactions. Skate, formerly known as Range Protocol, now offers a Universal Application Scope to streamline the multi-chain landscape, allowing developers and users to interact with multiple networks through a single interface. This integration eliminates the need for multiple interactions and enhances the overall blockchain experience.
By integrating the Skate Testnet, Coin98 users can easily create or restore Skate wallets and connect them to the Coin98 Wallet to participate in the SkatePark event and earn Ollies. Skate has joined the ranks of over a hundred blockchains and seamlessly integrated into the Coin98 wallet, marking a significant milestone in Coin98’s multichain journey. Users are encouraged to update their Coin98 Super Wallet to take advantage of the new features provided by Skate and enjoy a unique user experience within the Skate community.
The company has provided detailed instructions for users to develop their own multi-chain wallet and has invited them to upgrade their Coin98 Super Wallet to leverage the benefits offered by Skate. With a shared vision of revolutionizing Web3 accessibility, Coin98 and Skate are committed to furthering their partnership and enhancing the overall blockchain experience for users.