DeGate Ecosystem Update - February 2022

February 2022

Welcome to DeGate February 2022 Ecosystem Update!

DeGate is Limit Orders, Decentralized on Ethereum. DeGate protocol allows you to do spot limit order trading with all the benefits of trading on a DEX.

We are excited to update you on what we have been up to during February 2022!

Product & Tech Update

Testnet Launch

DeGate is entering an exciting phase and milestone of our upcoming Testnet launch on the Ethereum Rinkeby network. Almost all work has been completed, with the exception of some minor issues that must be solved in the final stress test. These are mainly related to DeGate’s innovative Ultra-Efficient Gas Saving Technology (UEGS), with some work to be done to ensure precision when aggregating transactions to maximise matching efficiency.

The team has been working very hard day and night for two weeks and after some comprehensive regression tests, DeGate Testnet is expected to be live very soon! Thank you all for your patience.

Even as we prepare to launch the imminent Testnet, new requirements and improvements are being prepared for the Mainnet Beta version of DeGate. The auditing process is also ongoing smoothly.

Finally, we are pleased to note that DeGate decentralized trading protocol is launching on the Ethereum network first. Future research plans were set out this month in order to monitor the ecosystem development of various Layer 1 and Layer 2 protocols in order to provide decision support for DeGate’s potential multi-chain deployment.

ETH Denver 2022

DeGate Lead Evangelist Agne with ETH Denver’s Bufficorn

Alan Chiu, BOBA Network Fonder with Agne

METIS vision presented by Pavel Sinelnikov

It was a busy month in the Ethereum community as we gathered in Denver for the annual ETH Denver conference. DeGate was a proud sponsor of the conference and participated in the ETH Denver BUIDLathlon, offering bounties for the teams to create a grid trading simulator based on DeGate protocol. One prize is for a team that participated in ETH Denver BUIDLathlon physically during February 11–20, 2022, and another bounty is for a team that participates virtually. ETH Denver virtual BUIDlatlon takes place until March 25, 2022, so you still have a chance to participate virtually!

READ MORE about DeGate bounties for grid trading simulator HERE

ETH Denver was among the largest crypto events in the World and DeGate is proud to take part and contribute to the community. It was great to connect with friends from Arbitrum, 1Inch, METIS, BOBA and many others, hear the vision of the projects, Ethereum and multichain ecosystem as a whole.

Liquidity Games panel at ETH Denver

DeGate Lead Evangelist Agne participated in the panel ‘Liquidity Games’ on ETH Denver main stage together with the founder of Swivel Finance, Julian Traversa, and the founder of Paraswap, Mounir Benchemled.

WATCH the full video of the panel discussion HERE.

Ethereum Rio 2022


As an active member of the community, DeGate is proud to be sponsoring Ethereum Rio following the success of ETH Denver. Ethereum Rio will take place in Brazil’s “Marvelous City” of Rio de Janeiro from March 11–20, 2022.

The event aims to be a gateway for international blockchain projects to the Latin American region, the starting point for global projects to understand the landscape of the region and for Ethereum communities to meet.

Ethereum Rio wants to help Rio de Janeiro become a regional Web3 hub- a place for Brazilian and LATAM creators and builders with global ambitions.

DeGate looks forward to meeting the Brazilian and Latin American Ethereum community and introducing DeGate decentralized trading protocol.

COME MEET DeGate Lead Evangelist Agne in Rio and learn about DeGate!

CHECK OUT Ethereum Rio here:

DeGate is looking for Contributors!

DeGate is looking for talented contributors.

Apply or refer fantastic candidates as contributors to our project!

We have launched 2 Bounty Programs to reward public referrals as well as Recruitment Agencies / Headhunters who can recommend suitable candidates to us. It’s simple, refer or introduce candidates to us, get paid up to USD10K!

For more info, VISIT:

DeGate Referral Bounty Program

DeGate Recruitment Agency Bounty Program

We are looking for the following positions:

You can also regularly check out this link for the most updated list of available positions!

More about DeGate

DeGate is Limit Orders, Decentralized on Ethereum. DeGate provides possibilities to trade the spot market with Limit Orders with the benefits of trading on a DEX.

DeGate is a Decentralized Exchange protocol built on zero-knowledge technology. It fills a key gap in the market by providing spot order book trading and grid trading within the Ethereum ecosystem, offering an experience similar to centralized exchanges.

Besides being user friendly, DeGate is built on the principle of Trustlessness, or “Can’t do evil”. You can expect super-low gas fees that are the result of DeGate’s special Ultra-Efficient Gas Saving technology. This innovation ensures significant gas savings while maintaining a decentralized protocol. DeGate also enables permissionless listing, meaning that any tokens can be listed in a permissionless manner through an open listing mechanism. Expect DeGate Testnet to be live very soon, and Mainnet on Ethereum later this year.

We can’t wait to show you all that we’re building, with more to come. See our DeGate order book demo HERE.