Welcome to DeGate August 2023 Ecosystem Update!
DeGate allows you to Trade easy, Sleep easy. DeGate DEX is a decentralized trading protocol that enables Order Book trading on Ethereum while being in self-custody of your funds.
DeGate DEX is a DEX on Ethereum mainnet and built with ZK-Rollup technology. DeGate DEX has no fees for makers and very low fees for taker trades.
DeGate pays special attention to the security of the protocol and is designed in a way that no malicious actor can do any evil, while users’ funds are safe at all times.
DeGate Mainnet Beta statistics- August 2023:
- Trading volume reached over USD 7.68 million
- 225 ZK Rollup batches were submitted to Ethereum Layer 1
DeGate Status Quo
DeGate DEX is currently live on Mainnet Beta. During this testing period, TVL (Total Value Locked) is limited to $3m, guaranteed by DeGate DAO, with the recommendation for each user not to exceed $5,000 in TVL.
DeGate tech team is continuously working to enhance security, user experience and overall satisfaction on DeGate DEX.
Your feedback is invaluable to us. Please reach out to DeGate evangelists via DeGate’s official social media channels, DM DeGate on Twitter if you have any comments or suggestions to share.
Community
DeGate DAO is proud of its growing community around the World. Currently, DeGate has evangelists in Colombia, Vietnam, Italy and Ukraine, just to name a few.
A special shout out to DeGate evangelists in Argentina for organising another fantastic Footy DAO football tournament during Ethereum Argentina this August! Check out the vibes:
Check out https://footydao.xyz/ to sign up for the upcoming football tournaments for DeGate crypto frens.
L2 Warsaw
DeGate was proud to be the gold sponsor of L2 Warsaw, the Premier Layer 2 event that took place just before ETH Warsaw on August 30th.
L2 Warsaw untangled topics related to rollup security, Ethereum equivalence with ZK Rollups, the challenges of building Layer 2 applications and what to look for before building.
Congratulations to L2BEAT team for the successful event and for helping the ecosystem to navigate the Layer 2s!
Blockchain Futurist Conference Toronto
DeGate sponsored Blockchain Futurist Conference and was delighted to make new friends in Canada. A big thank you to everyone who engaged with DeGate evangelists in Toronto! Events like this continue building the community and the industry, and DeGate DAO was glad to take part.
DeGate swag was as popular as ever, disappearing in no time! Did you receive DeGate swag in Toronto? DM us on Twitter!
DeGate DAO evangelist Agne participated in a panel discussion: ‘The Rise of DAOs: A Paradigm Shift in the Governance and Decision Making’. DeGate operates as a DAO and she was glad to share insights in the DAO ecosystem and view towards decentralized governance with fellow panelists from City DAO, Opolist and ICP led by Maggi Xu, the founder of Future X Agency.
Watch the Recap of the 2023 Blockchain Futurist Conference in Toronto here- LINK.
ETH Milan
DeGate is excited to take part at ETH Milan this October 5–6 in Milan, Italy. DeGate evangelists are preparing something special for ETH Milan!
Sign up here: https://www.ethmilan.xyz/
DeGate is looking for Contributors
DeGate is looking for talented contributors.
Check out this link
About DeGate
DeGate is an Order Book DEX on Ethereum built with Zero-Knowledge technology. DeGate provides a possibility to trade the spot market with Limit Orders on a DEX. In addition, DeGate offers a decentralized grid trading function.
DeGate is focused on being user-friendly and is built on the principle of Trustlessness, or ‘Can’t do evil’, with no Admin Key. Users can expect super-low gas fees that are the result of DeGate’s special Efficient Gas Saving technology. This innovation ensures significant gas savings while maintaining a decentralized protocol.
DeGate also enables permissionless listing, meaning that any token can be listed in a permissionless manner through an open listing mechanism. DeGate Mainnet Beta is live on https://app.degate.com/.
LINKS
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