a light yap about @skate_chain:
no, it is not a skater themed L1 (as i originally thought). it is crosschain interop infra - boring i knowđ„±
that's why they're giving a thicc 1% supply to yappers across 6 months to spread the word. and i barely see anyone posting about this, so def worth it because of light competition
their core product so far is SkateAMM. this allows people to swap across any VM, connecting all the big dogs like @solana, @ethereum, @SuiNetwork, @ton_blockchain, @EclipseFND. it just started a few days ago and already has 13M in volume - farming volume here may lead to an airdrop?
i have always always been skeptical and bearish on interop stuff in general. there's already so many existing solutions that exist and its very hard to onboard devs to use your tech. simply just using a chain when you need to and bridging when you need to is sufficient to me, but i'm a power user. perhaps normies / regular consumers may benefit from seamless invisible cross chain experiences
how does skate AMM differ from all the other cross chain solutions that exist? i don't know, perhaps @SkateIntern can give a brief technical overview. IMO the infra space is so convoluted and has so much going on only a very small fraction of people/devs can understand it fully
the rest of us are here to yap and farm itđ
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