Introducing the Skate Visa and Important Update on Ollies

Skate
6 min readNov 21, 2024

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Imagine buying Solana and Base memecoins using Telegram Stars… or adding liquidity to HyperLiquid’s HLP vault with USDT on TON.

Now imagine doing all these cross-chain transactions WITHOUT the hassle of managing multiple wallets or navigating complex blockchain interfaces.

With Skate Passport’s Visa, this is not just a vision — it’s our reality.

Your Skate Visa: Unlock Every App, Everywhere

Skate Visa transforms how you interact on-chain by allowing you to access all major blockchain apps under a unified identity within our Telegram mini-app: Skate Passport.

  • A Unified Identity: Map any of your wallets on any chain to your Skate Visa, creating a cohesive blockchain presence. No more juggling multiple wallets or private keys.
  • Seamless Cross-Chain Interactions: Engage with applications across different networks effortlessly. Whether it’s Ethereum, Solana, TON, or any other chain, your Skate Visa has you covered.
  • Security Through EigenLayer: All interactions and assets are secured by EigenLayer’s robust economic trust, ensuring your assets and data are protected.

Real-World Examples of What’s Possible

As a Skate Visa holder you would be able to:

  • Buy Memecoins Across Chains: Purchase the latest Solana, Base etc memecoins directly with Telegram Stars.
  • Liquidity Provision: Add liquidity to HyperLiquid’s HLP vault using USDT on TON and start earning yield.
  • Earn Yield on Real-World Assets: Invest in U.S. Treasuries or other real-world assets through platforms like Ondo, all within the Skate Passport.
  • Invest in DAO Funds: Participate in DAO investment funds on daos.fun using Telegram Stars, supporting projects you believe in.
  • Access Exclusive Opportunities: Early access to new DeFi projects, NFT drops, and more, all from a single platform.

Our successful integration of Polymarket’s prediction markets into TON is a testament to the potential of Skate Visa. Users can now participate in prediction markets without the need for bridging assets or dealing with complex transactions.

Ollies: Empowering the Community

Ollies have been an integral part of our platform, serving as a rewards program that aligns with our community-driven ethos. As we prepare for our Token Generation Event (TGE), we’re adding depth to Ollies, enhancing their role within our ecosystem.

Ollies: Not just Points

  • Limited Supply: With only 5 billion Ollies ever to exist, they represent a scarce and valuable resource within the Skate ecosystem.
  • Quantifiable Engagement: Ollies allow users to quantify their contributions and engagement, providing a transparent metric of participation.
  • Utility and Rewards: Beyond being a points system, Ollies will be usable to pay for interactions, such as buying memecoins, adding a practical utility to the rewards.
  • Path to TGE: Holding Ollies positions users favorably for future opportunities, including potential benefits from our upcoming TGE.

2 Tiers of Visas

Visas can be purchased directly from our Telegram mini-app Skate Passport. Access it here: https://t.me/skate_app_bot/app

Explorer Visa

Cost: 1 TON

  • Open Access to All Features: Begin your journey by exploring a wide array of blockchain applications with ease.
  • Unified Identity Across Chains: Map your wallets and manage them seamlessly through your Skate Visa.

Ollies Boosts:

  • Limited-Time Bonus: Earn 5,000 Ollies instantly upon purchasing the Explorer Visa.
  • Ollies Multiplier: Receive a 1.25x multiplier on your existing Ollies balance.
  • Future Ollies Boost: Gain a 2x boost on any new Ollies earned while holding the Explorer Visa.

Golden Visa (Limited Availability)

Cost: 5 TON

  • Priority Access: Be among the first to access new launches and app integrations, with boosted incentives.
  • Gas Fee Rebates: Enjoy rebates on transaction fees within the app.

Ollies Boosts:

  • Limited-Time Bonus: Earn 50,000 Ollies instantly upon purchasing the Golden Visa.
  • Ollies Multiplier: Receive a 3x multiplier on your existing Ollies balance.
  • Future Ollies Boost: Gain a 10x boost on any new Ollies earned while holding the Golden Visa.

Other Perks:

  • Use Ollies for Real Interactions: Golden Visa holders can use their accumulated Ollies to pay for real interactions within the Skate ecosystem, such as buying memecoins, interacting with prediction markets etc.
  • Exclusive Perks and Early Access: Unlock early access to new launches, exclusive opportunities.
  • Gas Fee Rebates: Enjoy significant savings on your transactions with gas fee rebates, making your blockchain interactions more cost-effective and seamless.
  • Limited Supply: The Golden Visa will be capped, ensuring an exclusive and premium experience for its holders.

With only 5 billion Ollies ever to be minted, every Ollie you earn is a significant stake in the future of Skate. This limited supply ensures that early adopters and active participants are rewarded proportionally to their contribution.

Building Towards a Stateless Future

Our journey toward a stateless future unfolds in two phases, with the Skate Visa serving as the pivotal stepping stone between them.

Phase 1: Enabling Seamless Access to Every App, Everywhere

In this initial phase, our focus is on integrating all major blockchain applications into the Skate Passport. Users can interact with any app on any chain directly from our Telegram mini-app, enjoying a unified and secure experience. By mapping wallets across chains, we provide a cohesive identity, and through EigenLayer’s economic trust, we ensure that cross-chain interactions are reliable and secure.

The Skate Visa is central to this phase, allow users to seamlessly access major on-chain apps under one unified identity and without the complexities of multiple wallets, bridging and multiple interfaces.

Phase 2: Embracing the Stateless Revolution

Building upon the foundation laid in Phase 1, Phase 2 involves transforming applications to operate as stateless, maintaining a single unified state across all blockchains and virtual machines like SolanaVM, EVM, TonVM, and more.

At the heart of this phase is our vision of a Stateless Automated Market Maker (AMM), the key motivation behind our stateless app vision. Inspired by our work at Range Protocol, the AMM is designed to maintain a single, unified liquidity pool accessible from any chain. This innovative architecture allows for continuous liquidity rebalancing, effectively addressing challenges such as Loss Versus Rebalancing (LVR) and adverse selection, which have traditionally posed significant risks to liquidity providers.

The AMM is just one of the applications we are building to set the foundation for stateless apps. There are many great teams developing innovative use cases with this stateless architecture. Right from day one, an app can go live on Solana, EVM chains, and TON, leveraging their user bases and distribution channels. This collaborative effort lays the groundwork for a fundamental shift in how decentralized applications are designed and operated. By working together within this emerging ecosystem, we are fostering a truly interoperable and scalable environment. Embracing the stateless architecture allows us to revolutionize the blockchain landscape, making applications more efficient, secure, and accessible to all users.

Conclusion: Join the Revolution

Skate Passport’s Visa and the Ollies program represent a paradigm shift in how users interact with blockchain technology. By focusing on real-world applications, unified identities, and a vision for a stateless future, we’re creating a platform that is not only accessible but also scalable, secure, and innovative.

Ready to unlock every app, everywhere? Access Skate Passport now, choose your Visa, and take the first step into a future where blockchain interactions are seamless, secure, and unified.

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Skate
Skate

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