DeGate Ecosystem Update-July2022

Welcome to DeGate July 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. Zero-Knowledge rollups and Efficient Gas Saving Technology make trading on the DeGate DEX protocol high-speed and efficient.

DeGate DEX protocol enables permissionless token listing, which means anyone can list a token by adding the smart contract address. Expect a solid selection of tokens to trade and liquidity mining programmes.

DeGate is built on principles of permissionless, trustlessness and decentralization. DeGate is launching on the Ethereum mainnet first and aligns with the values of Ethereum, while remaining chain agnostic.

Product and Tech Update

DeGate Mobile Version is LIVE!

Trade on DeGate DEX on Mobile as easily as on the desktop. Try now https://testnet.degate.com/

DeGate DEX protocol is preparing for the Mainnet beta launch and is continuously improving. In July, the protocol has been updated with the following features:

  • On-chain cancellation of grid trading strategy is now possible
  • Grid trading visualization has been enhanced with a graphic view of running strategy to check buy and sell orders, as well as the ability to view recent trades with “K-line” view
  • WalletConnect is now supported
  • The user interface of DeGate DEX protocol has been improved, specifically, the functions of permissionless listing, depositing funds and selecting pairs to trade
  • Chaos testing has been started to increase reliability and resiliency

DeGate DEX protocol has been running on Testnet on the Ethereum Rinkeby network since April 2022. As the preparations for the Mainnet launch accelerate, DeGate DEX will be migrating to the Ethereum Goerli network from the second week of August 2022.

Access DeGate Testnet HERE.

ZK Trusted Setup Ceremony

DeGate DEX is a protocol powered by Zero Knowledge technology. In order for the protocol to be truly trustless and decentralized, ZK Trusted Setup Ceremony must be completed at the start of the initialization of the protocol. The core idea is that out of the individual participants in this trusted setup ceremony, only one needs to be honest for the entire ZK rollup to be trustless. We are working with independent and respected members on this tedious but very important step, taking reference from important work done by the Ethereum Foundation. The trusted setup testing solution is almost done at this stage, and the ceremony will be conducted soon.

Community

ETH Barcelona

DeGate was proud to sponsor the the ETH Barcelona event in Barcelona, Spain in July 2022. ETH Barcelona positioned itself as the first ever regen and impact-focused ETH conference. The talks and workshops concerned the importance of regenerating the world with decentralized finance, #ReFi, public goods and Ethereum, DAOs and social impact.

DeGate evangelists Agne Linge and Andrew Gan proudly presented DeGate DEX protocol testnet to the ETH Barcelona attendees. The feedback about the product has been great!

Read DeGate Twitter thread and impressions about ETH Barcelona HERE. Watch the talks at ETH Barcelona HERE.

ETH Seoul, ETH Vietnam, ETH Bogota and DevCon

DeGate is a proud supporter of the Ethereum community and aims to contribute in terms of public goods, adding value to the infrastructure and the community.

DeGate will be sponsoring select hackathons organised by the Ethereum Foundation https://ethereum.foundation/. Expect to see DeGate at ETH Seoul, ETH Bogota and ETH Vietnam next!

Follow DeGate on Twitter, Discord, and Telegram to learn about the hackathon bounties and participate in DeGate initiatives!

DeGate Monthly AMA with Project Galaxy

DeGate is conducting Monthly AMA on Discord where you can learn about the latest developments at DeGate and ask questions. DeGate has partnered with Project Galaxy to reward DeGate supporters who participate in the AMA, and award them with DeGate Supporter OAT- On-Chain Activity Token. Read more about it HERE.

During the first campaign with Project Galaxy, over 600 DeGate supporters claimed their DeGate OAT. See DeGate Project Galaxy campaign HERE.

Follow DeGate Discord and learn WEN is the next DeGate Monthly AMA. Participate, ask questions, and claim your Project Galaxy OAT!

Content

  • DeGate Weekly — Every Wednesday we share interesting titbits regarding DeGate protocol in the form of animated gifs, do keep a lookout for them on our socials! Follow DeGate on Twitter, Discord and Telegram
  • #L2Show- watch the latest episode with Aaron Malone, the co-host of Crypto 101 podcast and Agne Linge, the host of #L2Show. WATCH on DeGate YouTube channel

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 and Recruitment Agencies/ Headhunters who can recommend suitable candidates to us. It’s simple, refer or introduce candidates to us, and 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!

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”, with no admin key.

You 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 tokens can be listed in a permissionless manner through an open listing mechanism. Expect DeGate Mainnet on Ethereum later this year.

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

LINKS

Website | Twitter | Discord | Telegram | Forum | YouTube | Contact | Join

1 Like

Thanks for this. Updates like these keeps one in the know. :blush:

WAGMI!!! Keep the updates coming. Looking forward to building the decentralized ecosystem together.

1 Like

I love the way DeGate team is handling & progressing everything. Keep it up guys. Way to go :heartbeat::rocket: