Blockchain technology is steadily moving toward mass adoption. Gate has officially launched Gate Layer, a high-performance Layer 2 network, and simultaneously optimized the GT tokenomics and ecosystem applications. These initiatives not only boost system performance but also reinforce GT’s role as the core asset of the ecosystem, ensuring greater stability, security, and efficiency for both users and developers.
Gate Layer is built on the OP Stack, using Gate Chain as the settlement layer, and provides full compatibility with the EVM. Developers can seamlessly migrate existing DApps, reducing development costs and accelerating market entry in Web3.
Processing 1 million transactions on Gate Layer costs only about $30, compared to approximately $700, $2,000, and $1,000 on Base, BSC, and Solana, respectively—highlighting a significant cost advantage.
Gate Layer is more than a high-performance Layer 2; it is a comprehensive platform for application deployment. Planned releases include:
With the launch of Gate Layer, GT’s role in the ecosystem is elevated:
1. Gas Token Role: All on-chain actions—including smart contracts, NFTs, and cross-chain transactions—require the use of GT.
2. Dual Deflationary Mechanism:
To meet growing application demands, Gate Chain has upgraded to consensus version v1.20, providing several key enhancements:
With the rollout of Gate Layer and the upgrade of GT tokenomics, Gate is not only driving technological innovation but also advancing the optimization of Web3 infrastructure. These measures reduce transaction costs and boost efficiency. They also enable more application scenarios, paving the way for a more open, inclusive, and sustainable Web3 future for both users and developers.