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With GateMint consensus, blocks are confirmed in real time, eliminating rollback concerns and uncertainty.
GateChain encourages project teams to develop and grow their projects here, with opportunities for rewards.
Plans for further destruction of Gate Token (GT)
GT is a utility token on GateChain, with a total issuance of 300 million, which has been deflated to less than 133 million, and the actual Circulating Supply has approached 100 million. In the future, we will always adhere to the GT destruction deflationary strategy
GateChain v1.1.6 Upgrade
GateChain v1.1.6 has now been released. With the new release, a new fee mechanism, already adopted in EIP1559 on Ethereum, will come into effect on GateChain, as part of our continuous effort to improve GateChain network efficiency and add deflationary pressure to the GT tokens.
Announcement of on-chain burning of Gate Token (GT) in the fourth quarter of 2024
Gate Token（GT）on-chain burning for the fourth quarter of 2024 has been completed, with 2,904,885.4321514 GT transferred to the burning address, worth over $63.9 million
