DeGate is revolutionizing the decentralized exchange landscape on Ethereum by leveraging ZK-Rollup technology. Imagine trading with confidence, knowing there's no admin interference thanks to its trustless protocol. With features like limit orders, grid trading, and permissionless listing, DeGate isn’t just another DEX; it’s a game-changer. Plus, its Efficient Gas Saving Technology ensures low-fee transactions, making decentralized trading more affordable and accessible. Ready to see how you can "Trade easy, Sleep easy"? Dive into the world of DeGate and discover why it's the talk of the crypto community.

What is DeGate?

DeGate is a decentralized order book exchange on Ethereum built with ZK-Rollup technology. The protocol is designed around the principle of trustlessness, meaning it operates without an admin key, ensuring a truly decentralized and secure trading environment. DeGate supports various trading features such as limit orders, grid trading, and permissionless listing, making it a versatile platform for traders. Its Efficient Gas Saving Technology allows for fast and low-fee decentralized trading, providing a seamless user experience.

Key Features of DeGate

1. Trustless Protocol

DeGate operates on a trustless protocol, meaning there is no admin key that can interfere with the trading process. This ensures that the platform remains decentralized and secure, giving users peace of mind when trading.

2. ZK-Rollup Technology

ZK-Rollup technology is at the core of DeGate, enabling high transaction throughput and low fees. This technology aggregates multiple transactions into a single batch, reducing the computational load on the Ethereum network and lowering gas fees for users.

3. Limit Orders

DeGate supports limit orders, allowing users to set specific price points for buying or selling assets. This feature provides greater control over trading strategies and helps users execute trades at their desired prices.

4. Grid Trading

Grid trading is another feature offered by DeGate, enabling users to automate their trading strategies. This feature is particularly useful for traders who want to capitalize on market volatility without constantly monitoring the market.

5. Permissionless Listing

DeGate allows for permissionless listing, meaning any token can be listed on the platform without the need for approval. This feature democratizes the trading process and provides a wider range of assets for users to trade.

6. Efficient Gas Saving Technology

DeGate's Efficient Gas Saving Technology ensures that transactions are processed quickly and at a lower cost. This technology is designed to optimize gas usage, making decentralized trading more affordable and accessible for users.

DeGate Token (DG) Overview

The DeGate crypto token, DG, is a multifaceted utility token designed to empower individuals within the DeGate ecosystem. It serves various purposes, including transaction fees on DeGate Metachains, setting up one's own DeGate validator, Proof of Stake delegation, DEGA Marketplace purchases, and payment of DEGA One API fees.

Token Utility

1. Transaction Fees: DG tokens are used to pay for transaction fees on DeGate Metachains, ensuring smooth and cost-effective trading.
2. Validator Setup: Users can use DG tokens to set up their own DeGate validator, contributing to the network's security and decentralization.
3. Proof of Stake Delegation: DG tokens can be delegated for Proof of Stake, allowing users to earn rewards while supporting the network.
4. Marketplace Purchases: DG tokens can be used to purchase items on the DEGA Marketplace, providing additional utility within the ecosystem.
5. API Fees: DG tokens are used to pay for DEGA One API fees, enabling developers to integrate DeGate's features into their applications.

Governance

DG tokens also serve as a governance token for the DeGate DAO, allowing community members to participate in Home DAO governance, initiate and approve resolutions, and propose new features or improvements. This decentralized governance model ensures that the platform evolves in line with the community's needs and preferences.

Tokenomics and Distribution

The total supply of DG tokens is 1 billion, with the following distribution model:

1. Founder Financing: 19.8% (198,000,000 DG)
2. Incentives: 44% (440,000,000 DG)
3. Financing: 20% (200,000,000 DG)
4. Business Development: 9% (90,000,000 DG)
5. Reserve: 5.2% (52,000,000 DG)
6. Liquidity Pool: 2% (20,000,000 DG)

The founding team acquires their stake for 990,000 USD, with tokens vesting linearly over four years. Unvested DG tokens cannot be transferred but enjoy the same set of token rights otherwise. Most of the tokens are allocated towards liquidity mining, with some reserved for token-swap offerings to KEY holders and community-building.

Inflation Control Mechanisms

DeGate includes mechanisms to control inflation, such as token burning and staking rewards. Specifically, 4% of the total supply is allocated for token-swap offerings to KEY holders, helping build consensus and expand DeGate's reach. Additionally, staking rewards incentivize long-term holding and participation in the DeGate ecosystem, contributing to its growth and sustainability.

Market Data

As of the latest data, here are some key statistics for the DeGate token:

• Current Price: $0.1301
• Market Cap: $0.00
• 24h Price Change: -4.33%
• 7d Price Change: 29.04%
• 30d Price Change: 25.78%
• 24h High: $0.1335
• 24h Low: $0.1295
• All-Time High: $0.6827 (2021-03-19)
• All-Time Low: $0.0041 (2023-12-16)
• Circulating Supply: 0.00
• Total Supply: 1,000,000,000.00

The Team Behind DeGate

The DeGate project is developed by a team of individuals passionate about decentralized trading and the blockchain industry. Although specific names are not mentioned, the team's track record includes the development of DeGate, a decentralized exchange (DEX) that offers self-custody of assets, low fees, fast transactions, trustless trading, and data availability on Ethereum L1.

Notable Partners and Investors

DeGate has several notable partners and investors, including Binance, which provides a guide on how to buy DeGate using a decentralized exchange (DEX) and Binance account. The project has also partnered with BookMap, LuxAlgo, and DashReport, offering discounts and promotions to their users.

Achievements and Vision

DeGate is the first fully non-custodial zkRollup ever launched on Ethereum, putting it in an elite group of protocols. The team has implemented permissionless listing of tokens, allowing anyone to list and trade standard tokens without KYC. These achievements demonstrate the team's technical expertise and ability to deliver on their vision.