Welcome to DeGate December 2023 Ecosystem Update!
While you are reading this Monthly Update, DeGate is already live on Mainnet! After intensive development and rigorous testing phases, DeGate has transitioned from Mainnet Beta to Mainnet.
DeGate allows you to Trade easy, Sleep easy. DeGate DEX is a decentralized trading protocol that enables spot market Limit Order trading while being in self-custody of your funds.
DeGate a ZK-Rollup DEX on Ethereum mainnet. DeGate has no fees for traders-makers and very low fees for taker trades. DeGate has a special feature for traders not available on other DEXs- a decentralized grid trading strategy. Trade on DeGate DEX now: https://app.degate.com/.
DeGate’s new website (https://degate.com/) is live! We’ve refreshed the official website, making it appealing to every type of users. The new website highlights our unique value proposition with a emphasis on trustlessness, low fees, and the DEX’s trading parameters. With our mainnet launch, the new website acts as a critical touchpoint for an ever-growing user base, offering them up-to-date and official information about DeGate.
DeGate is a Stage 2 Rollup
DeGate is the only L2 Project ranked Stage 2 on L2Beat in terms of maturity stage. The Stage2 status represents DeGate’s undeniable superior trustlessness among other L2s, including the big ones. The Stage 2 status not only bolsters our credibility but also serves as a testament to our unwavering dedication to advancing the DeGate ecosystem. Our emphasis on security and self-custody resonates with our community and users, enhancing their confidence in our platform. In fact, DeGate has attracted people’s interests by the Stage2 ranking, evidenced by positive remarks from voices on social media.
DeGate is the only active Stage2 rollup
People talking about us
It’s super cool, Permissionless DEX build on Ethereum via a ZK Rollup. You can list your token for under $4 in 5 min and trade it peer to peer. Getting Ether Delta vibes from back in days 2017–2018. pic.twitter.com/t7Hp6Q5DMI
— Salim (@OpsChefSalim) January 4, 2024
12/ ZK rollups & L2s aren’t perfected yet.
Obviously, all these have their own utility. It’s not a one-size-fits-all.
— Bradley () (@HeavyZen_) December 31, 2023
— MintingMoney (@skiingonmoney) December 28, 2023
DG token within DeGate DEX
DeGate DAO has allocated 24% of DG from the total 44% Incentive Pool to be managed within DeGate DEX. This allocation is a strategic move that ensures a deep liquidity, facilitating efficient and smooth trading experiences for our users.
Holiday Giveaway for Early Users
Tis the season for a festive quest! We launched a quest campaign on QuestN. A prize pool of $20,000 is distributed to 1000 users. Our festive quest campaign has been a major success, significantly enhancing brand visibility and attracting new users to DeGate DEX. This campaign has brought DeGate 2892 new Twitter followers, 1089 new DEX users.
We launched a bounty campaign on the new rising Bountycaster, a crypto native bounty platform, with the objective to engaging the Bounty community in helping us optimizing the product and proof reading. We’ve received good number of suggestions, and have adopted or are in consideration for implementation all the valid proposals, a demonstration of our dedication to user-centric development. We thank Bountycaster community for their enthusiasm and efforts in helping us improving!
Taipei Blockchain Week
DeGate Evangelist attended Taipei Blockchain Week. DeGate participated in several side events and had the occasion to showcase the DEX, especially its decentralized grid trading feature, which gained great feedback and interests from Taiwan crypto community. We were happy to connect with Taiwan’s crypto ecosystem. The event provided an excellent platform for connecting with Taiwan’s vibrant crypto community, paving the way for future collaborations and further strengthening our position in the global market.
More information about DeGate’s involvement
Throwback to @TaipeiWeek ! What an amazing week it was, we learned so much from the users, devs, and speakers.
— DeGate | Mainnet is LIVE! (@DeGateDex) December 20, 2023
Football Tournament in ETH India
DeGate’s Evangelist organized our iconic footie event during ETH India. Goals scored, alphas exchanged and new friendships were built! This event symbolizes our approach to community building — engaging, fun, and inclusive. It highlights DeGate’s global reach and the enthusiastic involvement of our evangelists in promoting DeGate’s vision worldwide.
DeGate is looking for talented contributors. Check out this link
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’. 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 is live on https://app.degate.com/.