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@mxbely
Thread: Skate - The Future of Interoperable Blockchain Applications πŸ›ΉπŸš€
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@mxbely
1/ Why does Skate exist? The rise of Layer 2s (L2s) for scaling Ethereum has led to increased custom-purpose L2s & L3s. However, this causes liquidity fragmentation across chains. Enter Skate! 🌐
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2/ The Problem: Fragmented Liquidity Existing interoperability solutions often make things worse. New cross-chain tokens compete with original assets, draining liquidity and complicating the ecosystem. πŸ’§
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