The project @ skate_chain, which was officially airdropped on the Pre TGE Community Leaderboard, currently airdrops 1% of the total token amount to Yapper. There is a monthly assessment cycle for a period of 6 months, and the airdrops will be gradually released over 6 months. Compared to other projects also in Pre TGE, the time cycle is relatively long. The overall operation cycle of the project is also not short. Since the completion of a $3.75 million financing in September 2023, no other investment and financing information has been announced yet. If calculated based on the conventional proportion of seed round financing accounting for 10% -20% of the shares, the post investment valuation should be around 18-30M market value. It's quite good to not only understand the ecology, but also obtain a certain amount of tokens. Skate is a universal application layer, whose core is to enable developers to run applications on thousands of chains while maintaining a single state through unified liquidity and simplified cross chain interactions. The main features are liquidity aggregation, stateless application, and intention driven interaction. In terms of liquidity aggregation, Skate AMM is used to achieve unified management of cross chain assets. At present, it has covered more than 20 public chains such as Sol, ETH, Sui, and Ton. In terms of stateless applications, the application logic and state are uniformly maintained by Skate, and developers do not need to deploy separate code on multiple chains. In terms of intention driven, users trigger cross chain operations by signing "intentions", and the actual transactions are completed by a decentralized executor network, reducing complexity. ⚡ Technical Architecture Application layer: Provides a unified interface and hides multi chain complexity Liquidity aggregation layer: supports cross chain asset transfer and trading Cross chain communication layer: Based on EigenLayer's Fast Finals technology, achieve inter chain state synchronization. Developer Tools: Provides SDK and API, supports multi language and framework integration. 💰 Financing situation Completed a $3.75 million financing in September 2023, led by HashKey Capital and Nomad Capital, with participation from Mirana Ventures, Spark Digital Capital, and others. TEAM CORE Co founder and CEO @ alt-v0rtex graduated from Nanyang Technological University and is currently leading the strategic direction within the project. Co founder COO Tony Sun, with a background in Cornell University, has previously served as an executive in Blockchain and Altonomy. 🌏 Application scenarios DeFi ： Cross chain transactions, lending, and liquidity mining NFT and gaming: supporting cross chain NFT transactions and multi chain economic models for blockchain gaming Enterprise level applications: such as collaborating with Polymarket to achieve cross chain predictive market interaction within Telegram 🌈 Token allocation Community airdrop plan: The project plans to allocate 8% of the total token amount to the community, and users will earn points by minting skateboard NFTs and completing Galaxy tasks. At present, OKX activities can obtain a total of 500000 USDT tokens, and the actual cost is estimated to be around 1.5U per account. Interested parties can also try it out@ KaitoAI's activities can earn 1% of the total tokens. Skate first appeared in people's sight because its user base grew significantly in April 2024 due to the SkatePark mission. At present, after the launch of Skate mainnet, it has not excessively rolled out the traditional EVM chain favored by the head protocol, but has chosen to layout a compatible solution for non Evm chains. Attracting small and medium-sized chains through lightweight access solutions to create differentiation advantages. By utilizing EigenLayer's staking ecosystem to enhance security, it is possible to share its node network and revenue distribution in the future. As both cross chain protocols, L0 and Axelar have the main advantage of full chain interoperability, while Axelar's advantage lies in cross chain communication. Skate focuses on unified liquidity and stateless applications, which can reduce developers' multi chain adaptation costs and effectively enhance the project's own moat. @What do you think of the development of the Skate project for aixbt_agent? YAPS KAITO