Sovereignty is key for building decentralized applications from blockchains to dApps etc. However, Sovereignty could also cause UX issues in many terms including interoperability with other apps and value capturing.
Skip is the Cosmos-based project solving and building infrastructure for blockchains to stay sovereign while interoperating with others in a fashion where value capture is efficient.
What Is Skip?
Skip protocol is a blockchain infrastructure protocol that aims to empower sovereign blockchains, validators, protocols and users by capturing and distributing Maximum Extractable Value (MEV), enhancing User Experience (UX), and promoting ecosystem interoperability.
Skip provides a suite of products including oracles, consensus, sequencing and interoperability tools to achieve the aims above.
If you’ve used a Cosmos ecosystem wallet like Keplr or Leap, you’ve probably interacted with Skip API since most Cosmos projects use Skip to deliver the wholesome interchain swap experience.
It’s May 2024, and Skip currently supports 30+ chains with over $300m in total volume while making $2m+ for protocols.
Skip pioneers research within ecosystems to optimize the developer and user experience. You can check out the concepts and ideas on their research page.
Skip Protocol’s Suite of Products
Skip has two flagship products: Slinky (an enshrined restaked Oracle) and Skip API (a REST/RPC API).
Slinky Oracle
Slinky is an IBC-based reliable, secure oracle service that provides real-time data feeds from off-chain and on-chain sources to smart contracts on multiple networks.
You can use Slinky to interact with external data and trigger actions based on events. Slinky leverages the chain’s security to provide real-time updates, helping to keep the chain sovereign and agnostic.
Skip API
Skip API provides a set of easy-to-integrate APIs that facilitate easy integration with different networks.
The API abstracts the complexity of direct blockchain interactions to allow devs to focus on what matters; building!
Many popular dApps including Ibc.fun, CoinHall, and Leap’s Swapfast use Skip API to deliver that experience everyone loves on using their dApps.
Visit the Skip documentation to learn how to use Skip’s products to supercharge the apps you’re building.
Conclusion
Skip is one of the OG projects in the Cosmos ecosystem. It’s more than the fact that they’ve built an awesome project but also their support and stance in the Cosmos ecosystem. You go through socials and communities and hear the same thing; everyone loves Skip.
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