Coin98, a decentralized financial solution that offers various financial services on different blockchains, has announced an exclusive partnership. According to the platform, it integrates Skate (a platform that provides unified liquidity) to make the Web3 mechanisms more user-friendly and accessible. The company announced this development on its official account on social media forum X.
🌟Coin98 Super Wallet now integrates @skate_chain – the only universal application layer that allows apps to run on thousands of single-state chains.
Update #Coin98 Super Wallet and Embrace Skate for #Multichances today! 👉https://t.co/ZqQsRDmCC8
Read more about it here… pic.twitter.com/X9Ktsintw8
— Coin98 Super Wallet (@coin98_wallet) May 29, 2024
Coin98’s integration of Skate Testnet targets simplifies cross-chain interactions
In its recent blog post, the company expressed the integration of Skate Testnet. It is a universal app layer that allows applications to work on thousands of 1-state blockchains. The platform mentioned that the blockchain sector is rapidly evolving with various scaling solutions. Nevertheless, this comes with challenges such as app fragmentation and putting pressure on users and developers with app management.
These problems cause higher costs and inefficiencies. Nevertheless, both employees have a shared vision of increasing the user-friendliness and accessibility of the Web3 systems. Skate has been renamed from its previous name Range Protocol. It now presents a universal application scope to unify and streamline the multi-chain domain. It allows the developers and consumers to communicate with one interface to access any network.
This enables the unification of liquidity and the elimination of the requirement for more than one interaction. With this, Skate significantly improves the blockchain experience. Thanks to the Skate Testnet integration, Coin98 consumers can easily restore or create Skate wallets. Moreover, they can link Coin98 Wallet to participate in the SkatePark event and collect Ollies.
The company urges users to upgrade to Leverage Skate
They can also join the Skate community with an unparalleled user experience. Skate has joined the ranks of more than a hundred blockchains. They are now unprecedentedly integrated into Coin98’s wallet. This development plays the role of a milestone in Coin98’s multichain journey. Moreover, the company invites people to make use of the latest developments.
The company also provided step-by-step instructions for developing a unique multi-chain wallet. Additionally, the platform urged users to update their Coin98 Super Wallet. By doing this, they can reportedly take advantage of the facilities that Skate offers. With a shared vision to revolutionize Web3 accessibility, both entities want to foster collaboration.