GATE emphasised that true differentiation isn’t solely in its velocity and low transaction prices, but additionally in its means to offer fast liquidity and an present consumer base. Moreover, they emphasised the significance of offering sensible defi merchandise. On the identical time, the upgraded toconomies mechanism establishes GT not solely as a change token, but additionally as an evolving “gas” in GATE’s Web3 ecosystem.
Competitiveness
Key gamers have already deployed their very own Layer 2 (L2) options, together with Coinbase’s Base, Binance’s Opbnb and Kraken’s Ink, and the launch of Gate Layer marks a key milestone in Gate’s Web3 infrastructure technique. In line with the announcement, the gate layer is constructed on an OP stack, making it totally suitable with EVM compatibility. It exhibits a formidable efficiency benchmark. It prices simply over 5,700 seconds of transactions (TPS), block time per second, and about $30 per million.
TPS for some L2 networks on the OP stack. Supply: L2Beat
Nonetheless, it is not simply technical metrics that make Gate’s L2 stand out. Even when they put it, these are “probably the most aggressive metrics in house.” Not like Base and OPBNB, Gate Layer combines efficiency with purposeful utilities to create true differentiators in Layer 2 races.
Particularly, the gate layer exceeds uncooked throughput by increasing cross-chain connections by way of layerzero. This enables builders to deploy their purposes as soon as and attain customers to Ethereum, BSC, polygons, and extra. Coupled with the benefits of being a significant change, the gate layer can present builders with fast fluidity. Quite a lot of merchandise like Perps Dex, Gate Enjoyable, and Meme improve this.
“The fusion of velocity, price and precise adoption channels is the place we predict we are able to stand aside and be affected person,” Gate CEO Dr. Han Lin informed Beincrypto.
GT Token: From Alternate tokens to Web3 Ecosystem Gas
Along with the launch of the brand new L2, GATE has additionally introduced a complete improve to GT’s Tokenomics (GATE token). The GT acts as the one fuel token for the gate layer. Proceed with the twin barn mannequin. This consists of scheduled buybacks and burns mixed with on-chain burns.
Lin shares with Beincrypto, burning over 180 million GT, representing 60.18% of the preliminary provide. That is thought-about one of many deepest reductions within the business.
Token Burns normally reduces provide and creates shortages. As GTs are more and more used all through the gate ecosystem, this dynamic might have a constructive impression on costs. Nonetheless, if rarity is the one focus, then GT lacks the sustainability mandatory for long-term worth.
In line with a consultant from GATE, this complete toconomic improve represents the evolution of changing GT from “CEX tokens” to the spine of the broader Web3 ecosystem.
“Our aim is to make GT important: defending the community via transaction energy, developer incentives and finally staking,” Gate informed Beincrypto.
The launch of the gate layer and the redesign of GT Toconemics spotlight Gate’s long-term technique. Relatively than focusing solely on change operations, Gate goals to construct sustainable worth via infrastructure. Within the more and more aggressive L2 race, Gate’s Edge lies in its expertise and excessive efficiency, multi-chain connections, and the synergy of its present consumer ecosystem.
If Dex, Meme goes on and GatesWap brings liquidity and site visitors, there’s a clear on-chain demand for GT. Nonetheless, there are nonetheless present dangers, akin to aggressive stress from the bottom, OPBNB… (some L2s have already got a big growth group), and the safety dangers of good contracts when opening extra new merchandise.
Gate has formally launched Gate Layer, a high-performance layer 2 community with over 5,700 TP. Constructed on an OP stack and built-in with Layerzero for cross-chain connections.
GATE emphasised that true differentiation isn’t solely in its velocity and low transaction prices, but additionally in its means to offer fast liquidity and an present consumer base. Moreover, they emphasised the significance of offering sensible defi merchandise. On the identical time, the upgraded toconomies mechanism establishes GT not solely as a change token, but additionally as an evolving “gas” in GATE’s Web3 ecosystem.
Competitiveness
Key gamers have already deployed their very own Layer 2 (L2) options, together with Coinbase’s Base, Binance’s Opbnb and Kraken’s Ink, and the launch of Gate Layer marks a key milestone in Gate’s Web3 infrastructure technique. In line with the announcement, the gate layer is constructed on an OP stack, making it totally suitable with EVM compatibility. It exhibits a formidable efficiency benchmark. It prices simply over 5,700 seconds of transactions (TPS), block time per second, and about $30 per million.
TPS for some L2 networks on the OP stack. Supply: L2Beat
Nonetheless, it is not simply technical metrics that make Gate’s L2 stand out. Even when they put it, these are “probably the most aggressive metrics in house.” Not like Base and OPBNB, Gate Layer combines efficiency with purposeful utilities to create true differentiators in Layer 2 races.
Particularly, the gate layer exceeds uncooked throughput by increasing cross-chain connections by way of layerzero. This enables builders to deploy their purposes as soon as and attain customers to Ethereum, BSC, polygons, and extra. Coupled with the benefits of being a significant change, the gate layer can present builders with fast fluidity. Quite a lot of merchandise like Perps Dex, Gate Enjoyable, and Meme improve this.
“The fusion of velocity, price and precise adoption channels is the place we predict we are able to stand aside and be affected person,” Gate CEO Dr. Han Lin informed Beincrypto.
GT Token: From Alternate tokens to Web3 Ecosystem Gas
Along with the launch of the brand new L2, GATE has additionally introduced a complete improve to GT’s Tokenomics (GATE token). The GT acts as the one fuel token for the gate layer. Proceed with the twin barn mannequin. This consists of scheduled buybacks and burns mixed with on-chain burns.
Lin shares with Beincrypto, burning over 180 million GT, representing 60.18% of the preliminary provide. That is thought-about one of many deepest reductions within the business.
Token Burns normally reduces provide and creates shortages. As GTs are more and more used all through the gate ecosystem, this dynamic might have a constructive impression on costs. Nonetheless, if rarity is the one focus, then GT lacks the sustainability mandatory for long-term worth.
In line with a consultant from GATE, this complete toconomic improve represents the evolution of changing GT from “CEX tokens” to the spine of the broader Web3 ecosystem.
“Our aim is to make GT important: defending the community via transaction energy, developer incentives and finally staking,” Gate informed Beincrypto.
The launch of the gate layer and the redesign of GT Toconemics spotlight Gate’s long-term technique. Relatively than focusing solely on change operations, Gate goals to construct sustainable worth via infrastructure. Within the more and more aggressive L2 race, Gate’s Edge lies in its expertise and excessive efficiency, multi-chain connections, and the synergy of its present consumer ecosystem.
If Dex, Meme goes on and GatesWap brings liquidity and site visitors, there’s a clear on-chain demand for GT. Nonetheless, there are nonetheless present dangers, akin to aggressive stress from the bottom, OPBNB… (some L2s have already got a big growth group), and the safety dangers of good contracts when opening extra new merchandise.
Put up Gate CEO shares insights into launching “Gate Layer,” with GT’s Tokenomics overhaul first showing on Beincrypto.
