Gate CEO Shares Insights on Launching ‘Gate Layer’ and GT’s Tokenomics Overhaul
Gate emphasised that the true differentiation lies not solely in velocity and low transaction prices but in addition within the means to supply instantaneous liquidity and an present consumer base. Additionally, they highlighted the significance of providing sensible DeFi merchandise. At the identical time, the upgraded tokenomics mechanism positions GT not merely as an alternate token but in addition establishes GT because the evolving “gas” of Gate’s Web3 ecosystem.
Competitive Pressures
Major gamers have already rolled out their very own Layer-2 (L2) options—comparable to Coinbase’s Base, Binance’s opBNB, Kraken’s Ink —and the launch of Gate Layer marks a essential milestone in Gate’s Web3 infrastructure technique. According to the announcement, Gate Layer is constructed on the OP Stack and is totally EVM-compatible. It demonstrates spectacular efficiency benchmarks: over 5,700 transactions per second (TPS), 1-second block occasions, and prices of round $30 per million transactions.
However, what makes Gate’s L2 stand out is not only the technical metrics—even when, as they put it, these are “probably the most aggressive metrics within the house.” Unlike Base or opBNB, Gate Layer combines efficiency with purposeful utility to create a real differentiator within the Layer-2 race.
Specifically, Gate Layer goes past uncooked throughput by increasing cross-chain connectivity by means of LayerZero. This permits builders to deploy functions as soon as, reaching customers throughout Ethereum, BSC, Polygon, and extra. Coupled with some great benefits of being a serious alternate, Gate Layer can present builders with quick liquidity. The various merchandise like Perps DEX, Gate Fun, and Meme Go improve this.
“That mix of velocity, price, and actual adoption channels is the place we expect we will stand aside,” Dr. Han Lin, CEO of Gate informed BeInCrypto.
GT Token: From Exchange Token to Web3 Ecosystem Fuel
Alongside the launch of its new L2, Gate additionally unveiled a complete improve to the tokenomics of GT (Gate token). GT will now function the only real gasoline token for Gate Layer. It will proceed its dual-burn mannequin, which incorporates scheduled buybacks and burns mixed with on-chain burns.
Lin shared with BeInCrypto that over 180 million GT have been burned, equal to 60.18% of the preliminary provide. This is taken into account one of many deepest deflationary reductions within the trade.
Typically, token burns scale back provide to create shortage. With GT more and more used throughout the Gate ecosystem (driving demand), this dynamic might positively affect its worth. However, if shortage alone have been the main target, GT would lack the sustainability wanted for long-term worth.
According to Gate’s representatives, this complete tokenomics improve represents an evolution—reworking GT from a “CEX token” into the spine of a broader Web3 ecosystem.
“Our purpose is to make GT indispensable: powering transactions, incentivizing builders, and finally securing the community by means of staking,” Gate informed BeInCrypto.
The launch of Gate Layer and the redesign of GT tokenomics spotlight Gate’s long-term technique: fairly than focusing solely on alternate operations, Gate seeks to construct sustainable worth by means of infrastructure. In the more and more aggressive L2 race, Gate’s edge lies in its know-how and the synergy of high efficiency, multi-chain connectivity, and an present consumer ecosystem.
If Perps DEX, Meme Go, and GateSwap carry liquidity and site visitors, GT may have a transparent on-chain demand. However, there are nonetheless present dangers, together with aggressive stress from Base, opBNB… (some L2s have already got massive dev communities), and smart-contract safety dangers when opening extra new merchandise.
Gate has formally launched Gate Layer, a high-performance Layer-2 community delivering over 5,700 TPS. It is constructed on the OP Stack and built-in with LayerZero for cross-chain connectivity.
Gate emphasised that the true differentiation lies not solely in velocity and low transaction prices but in addition within the means to supply instantaneous liquidity and an present consumer base. Additionally, they highlighted the significance of providing sensible DeFi merchandise. At the identical time, the upgraded tokenomics mechanism positions GT not merely as an alternate token but in addition establishes GT because the evolving “gas” of Gate’s Web3 ecosystem.
Competitive Pressures
Major gamers have already rolled out their very own Layer-2 (L2) options—comparable to Coinbase’s Base, Binance’s opBNB, Kraken’s Ink —and the launch of Gate Layer marks a essential milestone in Gate’s Web3 infrastructure technique. According to the announcement, Gate Layer is constructed on the OP Stack and is totally EVM-compatible. It demonstrates spectacular efficiency benchmarks: over 5,700 transactions per second (TPS), 1-second block occasions, and prices of round $30 per million transactions.
However, what makes Gate’s L2 stand out is not only the technical metrics—even when, as they put it, these are “probably the most aggressive metrics within the house.” Unlike Base or opBNB, Gate Layer combines efficiency with purposeful utility to create a real differentiator within the Layer-2 race.
Specifically, Gate Layer goes past uncooked throughput by increasing cross-chain connectivity by means of LayerZero. This permits builders to deploy functions as soon as, reaching customers throughout Ethereum, BSC, Polygon, and extra. Coupled with some great benefits of being a serious alternate, Gate Layer can present builders with quick liquidity. The various merchandise like Perps DEX, Gate Fun, and Meme Go improve this.
“That mix of velocity, price, and actual adoption channels is the place we expect we will stand aside,” Dr. Han Lin, CEO of Gate informed BeInCrypto.
GT Token: From Exchange Token to Web3 Ecosystem Fuel
Alongside the launch of its new L2, Gate additionally unveiled a complete improve to the tokenomics of GT (Gate token). GT will now function the only real gasoline token for Gate Layer. It will proceed its dual-burn mannequin, which incorporates scheduled buybacks and burns mixed with on-chain burns.
Lin shared with BeInCrypto that over 180 million GT have been burned, equal to 60.18% of the preliminary provide. This is taken into account one of many deepest deflationary reductions within the trade.
Typically, token burns scale back provide to create shortage. With GT more and more used throughout the Gate ecosystem (driving demand), this dynamic might positively affect its worth. However, if shortage alone have been the main target, GT would lack the sustainability wanted for long-term worth.
According to Gate’s representatives, this complete tokenomics improve represents an evolution—reworking GT from a “CEX token” into the spine of a broader Web3 ecosystem.
“Our purpose is to make GT indispensable: powering transactions, incentivizing builders, and finally securing the community by means of staking,” Gate informed BeInCrypto.
The launch of Gate Layer and the redesign of GT tokenomics spotlight Gate’s long-term technique: fairly than focusing solely on alternate operations, Gate seeks to construct sustainable worth by means of infrastructure. In the more and more aggressive L2 race, Gate’s edge lies in its know-how and the synergy of high efficiency, multi-chain connectivity, and an present consumer ecosystem.
If Perps DEX, Meme Go, and GateSwap carry liquidity and site visitors, GT may have a transparent on-chain demand. However, there are nonetheless present dangers, together with aggressive stress from Base, opBNB… (some L2s have already got massive dev communities), and smart-contract safety dangers when opening extra new merchandise.
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