Gate Launches Layer 2 Network and Upgrades GT Tokenomics
The post Gate Launches Layer 2 Network and Upgrades GT Tokenomics appeared on BitcoinEthereumNews.com.
Gate has launched Gate Layer, a new Layer 2 network and upgraded its GT tokenomics with staking, gas utility, and a dual burn model. Crypto exchange Gate has rolled out Gate Layer, a proprietary Layer 2 blockchain designed for speed and cost efficiency. Alongside this launch, the company has planned a major upgrade to GT tokenomics and is expanding the role of its native token in network operations. Gate Layer Expands Web3 Strategy Gate describes Gate Layer as a foundation for its “All in Web3” approach. The network will host a range of tools, including Perp, a perpetual trading hub that offers centralised-exchange liquidity. It also introduces Gate Fun, a no-code incubator that allows creators to launch tokens without advanced technical skills. Crypto exchange Gate announced the official launch of its Layer 2 network Gate Layer alongside an upgrade to the GT tokenomics. Built on the OP Stack and fully EVM-compatible, Gate Layer uses GateChain as the settlement layer and incorporates GT staking to enhance stability. GT… — Wu Blockchain (@WuBlockchain) September 25, 2025 In addition, Meme Go will provide users with a real-time tracker for memecoins across chains. These additions show Gate’s goal of moving beyond simple exchange services. By building infrastructure that supports a broader range of on-chain activity, the company is setting itself up to capture more engagement from both retail and institutional users. Utility, Staking, and Deflation The biggest update in this overhaul is the role of GT as the exclusive gas token for Gate Layer. This change means that every transaction and network fee will be powered by GT, which is embedding the token deeply into the ecosystem. Gate has also maintained its dual deflationary model. GT undergoes scheduled buybacks and burns, which are paired with on-chain burning mechanisms. It’s time to go “All…
