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Revolution in Web3: Gate Layer starts with new GT token!
Gate Layer has unveiled its powerful Layer 2 network and new GT tokenomics model to revolutionize DeFi and NFTs.
Revolution in Web3: Gate Layer starts with new GT token!
On October 5, 2025, Gate announced the launch of its new Layer 2 network, Gate Layer. This powerful network, built on the OP Stack, aims to optimize interactions in the DeFi, NFT and meme token space and also enables cross-chain transfers. The official announcement took place on September 25th and includes a new tokenomics model for the GateToken (GT) based on dual deflationary mechanisms, as crypto.news reports.
With this step, Gate wants to go beyond the traditional exchange service and create a comprehensive Web3 ecosystem. Full compatibility with the Ethereum Virtual Machine and secured by GateChain allows developers to easily migrate existing applications. Users also have the option of using familiar tools such as MetaMask.
Efficiency and cost advantages
The Gate Layer network can process an impressive 5,700 transactions per second, with block times as low as 1 second. The cost of processing 1 million transfers is less than $30. For comparison: on the Base platform the costs are around 700 USD and on Solana even over 1,000 USD. This cost efficiency is a key advantage for users who value affordable transactions.
Another important feature of the Gate Layer is cross-chain interoperability, enabled by integration with LayerZero. This allows direct transfer of assets between Ethereum, Polygon, BNB Chain and Solana. The GT token acts as an exclusive gas token for transactions, smart contract deployments and NFT minting.
Deflationary mechanisms
The GT token is subject to a well-thought-out dual deflationary model. This includes quarterly burns as well as automatic on-chain burn of transaction fees according to the EIP-1559 model. To date, over 180 million GT, representing more than 60% of the original supply, have been permanently withdrawn from circulation.
Additionally, the GateChain has been updated to consensus version v1.20, which includes support for blob transactions through EIP-4844 and provides several efficiency improvements. These technologies are part of Gate's "All in Web3" strategy, which aims to provide products for a variety of user activities.
With these developments, Gate is creating a low-cost, high-performance environment that brings decentralized applications closer to the user experience of centralized platforms while promoting accessibility. Gate Layer could therefore represent an important step towards the further development of the Web3 sector by offering improved options for both developers and users.