Gate Makes Waves with New Layer 2 Blockchain and Tokenomics Revamp
The cryptocurrency exchange Gate has officially introduced Gate Layer, a new Layer 2 blockchain designed to enhance transaction speeds and minimize costs for its users. This announcement comes alongside a significant upgrade to the GT (GateToken) ecosystem aimed at improving efficiency and engagement within the platform. According to a statement released by the company, Gate Layer is constructed upon the OP Stack and boasts full compatibility with Ethereum, with GateChain serving as its primary settlement layer. This strategic positioning reflects Gate’s commitment to its “All in Web3” vision, which aims to provide comprehensive services within the decentralized web. As part












