
#币安Alpha上新 #SkateAlpha
According to Binance's earlier announcement, today (June 9), Binance Alpha will debut $SKATE. Below is an introduction to this project, hoping it will be helpful.
1. Project Overview: Transitioning from 'multi-chain deployment' to 'inter-chain integration'
Skate is an application layer infrastructure protocol aimed at the multi-chain ecosystem, dedicated to breaking down the technical barriers between different virtual machines such as EVM, Solana, TON, and Move, building a unified cross-chain collaborative execution network. The core positioning of the project is 'full-chain application middleware', helping developers 'deploy once, run on multiple chains', significantly reducing the complexity of Web3 multi-chain development, while providing users with a seamless inter-chain interaction experience.
Skate does not aim to become a new public chain, but connects the state layers of different chains with a stateless architecture, driven by the AVS security mechanism of EigenLayer, defining an innovative path of 'stateless collaboration, intent-driven, and cross-VM compatibility'.
2. Core Mechanisms and Technical Design
Skate Hub Chain: Operating on Ethereum L2, responsible for state mapping, message routing, and global settlement, building a unified execution hub.
AVS+ZK dual security mechanism: Utilizing the AVS verification network on EigenLayer and zero-knowledge proofs (ZKP) to ensure the correctness and verifiability of execution, transaction confirmation time can be shortened to 3 seconds.
Intent-driven model (Intent-centric UX): Users sign operation intents on the native chain, and Skate's executor network automatically finds the optimal path for execution, completely smoothing the cross-chain threshold.
Skate AMM: Anchored on Ethereum L1, building a unified pricing system across chains, reducing stablecoin slippage to 0.15%, supporting cross-chain automatic rebalancing and liquidity scheduling.
3. Industry Track: Full-chain application infrastructure + AVS verification network
Skate focuses on the infrastructure track for multi-chain collaborative execution, representing a new narrative in the cross-chain space—from 'bridge protocols' to 'cross-chain application runtimes'. At the same time, as one of the earliest AVS verification networks launched on EigenLayer, Skate has strong ecological collaboration potential and forms scenario barriers in the fields of RWA, yield-bearing assets, and cross-chain stablecoins.
4. Core Data and Development Status
Deployed on multiple mainstream chains including Ethereum, Base, BNB Chain, Solana, and Eclipse
Cumulative cross-chain transaction volume reached $1.2 billion
Daily active addresses exceed 43,000, with institutions accounting for 38%
AVS node re-staking volume exceeds 23,000 ETH
Launched Telegram MiniApp, with an interaction conversion rate exceeding 52%
5. Financing Background and Ecological Collaboration
Skate has raised a total of $4.75 million, with supporters including:
HashKey Capital, Nomad Capital, Spark Digital Capital
In-depth cooperation with top projects such as Polygon, EigenLayer, Plume, and Eclipse
Co-building cross-chain liquidity channels with multiple RWA protocols and stablecoin platforms (e.g., pUSD)
6. Token Economic Model ($SKATE)
Distribution Structure: 45.5% community allocation (including 8% airdrop), 20% buyback and burn, 30% returned to AVS nodes, 50% MEV reward for LP
Usage: Participate in governance, incentivize nodes, obtain protocol revenue share
Airdrop Mechanism: Earn points 'Ollies' through Skatepark and TG App to exchange for tokens
7. Future Outlook and Risks
Growth Potential:
The full-chain AMM architecture has been preliminarily validated, indicating that DeFi, GameFi, and RWA cross-chain integration will explode.
Airdrop + Binance Alpha launch + Telegram landing in three lines to drive user growth and secondary market attention
Risk Considerations:
Facing a competitive relationship with strong competitors like LayerZero and Wormhole
High complexity in cross-VM coordination and security verification mechanisms, execution layer risks cannot be ignored
The release of tokens and liquidity management after TGE affects market performance, requiring a balance in incentive rhythm
8. Conclusion
Skate provides a brand-new cross-chain interaction paradigm. With an intent-driven execution model, strong AVS verification mechanism, and ecological collaboration network, it is building the infrastructure for 'full-chain native applications'. As $SKATE approaches the launch on Binance Alpha and the mainnet, its attention and growth potential in the Web3 infrastructure track deserve close tracking.