To be honest, there have been too many Layer 2 chains in the past two years. Arbitrum, Optimism, Base, Blast, and even Binance is getting into opBNB. Users are experiencing a bit of "aesthetic fatigue." But Gate's new launch of Gate Layer this time is still quite interesting.
First, the performance parameters are very strong: TPS 5700+ Block generation 1s Transaction fees for one million trades ≈ 30 USD
Horizontal comparison: Base requires 700 USD Solana costs 1000 USD BSC is even more exaggerated, requiring 2000 USD. This gap is really outrageous; it has truly reduced the costs.
Why is it possible? Gate Layer is based on OP Stack, the settlement layer is Gate Chain, along with GT Staking providing consensus. In simple terms: it has reaped the mature dividends of the Optimism ecosystem while also integrating its own chain's security design. Unlike some second layers that are "purely relying on Ethereum", Gate is a "double insurance".
In terms of ecology, they did not take a purely technical approach, but directly provided three major application scenarios: Perp: Decentralized contract trading, as smooth as CEX. Gate Fun: No-code token issuance, a cold start tool for small projects Meme Go: Cross-Chain Meme Coin Monitoring & Fast Trading It is clear that the focus is on the two major traffic entry points of DeFi + Meme.
Let's talk about the GT token: This upgrade has maximized GT positioning - Gate Layer's unique Gas token. In other words, users only need to operate on Gate Layer, regardless of trading, NFTs, or cross-chain, all will consume GT. With the combination of "quarterly burn + on-chain burn", the deflationary logic of GT has become stronger.
The initial issuance of GT was 300 million, and as of Q2, over 180 million have been destroyed, reducing the circulating supply by 60%. Now with the mechanism of trading and burning added, the scarcity of GT will continue to rise. In simple terms, GT is no longer just an exchange platform token, but the "blood" of the ecosystem.
BNB experienced a second wave of a big market trend due to the popularity of BSC that year. Although ARB is popular, it is difficult for the price to rise significantly due to the lack of a strong deflationary mechanism. Gate now equals packaging "high-performance chain + deflationary token" together, with a clear path.
Of course, reality also needs to be doused with some cold water: The biggest problem with the new chain is the cold start; whether users and projects are willing to migrate is the key. Solana and Base have already formed strong communities, and Gate Layer needs to carve out a path by continuously importing resources.
But don't forget, Gate comes with CEX traffic. Once the spot, contract, and Launchpool entrances are connected with Gate Layer, the speed of ecological traffic will be very fast. This is a natural advantage that other L2s do not have.
The positioning of Gate Layer is not as "the next Ethereum scaling tool", but rather as "Gate's own Web3 infrastructure + a value amplifier for GT." If successful, GT may follow a path similar to BNB. If it fails, it might just be "another L2".
But at least, this time Gate's actions should not be underestimated.
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Gate Layer is here: a unique Layer 2 chain.
To be honest, there have been too many Layer 2 chains in the past two years. Arbitrum, Optimism, Base, Blast, and even Binance is getting into opBNB.
Users are experiencing a bit of "aesthetic fatigue."
But Gate's new launch of Gate Layer this time is still quite interesting.
First, the performance parameters are very strong:
TPS 5700+
Block generation 1s
Transaction fees for one million trades ≈ 30 USD
Horizontal comparison:
Base requires 700 USD
Solana costs 1000 USD
BSC is even more exaggerated, requiring 2000 USD.
This gap is really outrageous; it has truly reduced the costs.
Why is it possible?
Gate Layer is based on OP Stack, the settlement layer is Gate Chain, along with GT Staking providing consensus.
In simple terms: it has reaped the mature dividends of the Optimism ecosystem while also integrating its own chain's security design.
Unlike some second layers that are "purely relying on Ethereum", Gate is a "double insurance".
In terms of ecology, they did not take a purely technical approach, but directly provided three major application scenarios:
Perp: Decentralized contract trading, as smooth as CEX.
Gate Fun: No-code token issuance, a cold start tool for small projects
Meme Go: Cross-Chain Meme Coin Monitoring & Fast Trading
It is clear that the focus is on the two major traffic entry points of DeFi + Meme.
Let's talk about the GT token:
This upgrade has maximized GT positioning - Gate Layer's unique Gas token.
In other words, users only need to operate on Gate Layer, regardless of trading, NFTs, or cross-chain, all will consume GT.
With the combination of "quarterly burn + on-chain burn", the deflationary logic of GT has become stronger.
The initial issuance of GT was 300 million, and as of Q2, over 180 million have been destroyed, reducing the circulating supply by 60%.
Now with the mechanism of trading and burning added, the scarcity of GT will continue to rise.
In simple terms, GT is no longer just an exchange platform token, but the "blood" of the ecosystem.
BNB experienced a second wave of a big market trend due to the popularity of BSC that year.
Although ARB is popular, it is difficult for the price to rise significantly due to the lack of a strong deflationary mechanism.
Gate now equals packaging "high-performance chain + deflationary token" together, with a clear path.
Of course, reality also needs to be doused with some cold water:
The biggest problem with the new chain is the cold start; whether users and projects are willing to migrate is the key.
Solana and Base have already formed strong communities, and Gate Layer needs to carve out a path by continuously importing resources.
But don't forget, Gate comes with CEX traffic.
Once the spot, contract, and Launchpool entrances are connected with Gate Layer, the speed of ecological traffic will be very fast.
This is a natural advantage that other L2s do not have.
The positioning of Gate Layer is not as "the next Ethereum scaling tool", but rather as "Gate's own Web3 infrastructure + a value amplifier for GT."
If successful, GT may follow a path similar to BNB.
If it fails, it might just be "another L2".
But at least, this time Gate's actions should not be underestimated.