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September 26, 2025

Gate Launches Layer 2 Network and Upgrades GT Tokenomics Victor | usagoldmines.com

Built on the OP Stack and fully EVM-compatible, Gate Layer leverages GateChain as its settlement layer. It will offer faster, cheaper transactions while maintaining strong security.

The update also integrates GT staking, allowing users to contribute to network stability and earn rewards. This will position Gate Layer as a competitive player in the expanding Layer 2 ecosystem.

GT Tokenomics: Stability and Deflation

With the launch of Gate Layer, GT will serve as the exclusive gas token, powering transactions and fees on the network. Gate has maintained a dual deflationary model consisting of scheduled buybacks and burns along with on-chain burning. According to the latest data, GT has achieved a cumulative burn ratio of 60.18 percent, reducing circulating supply and potentially increasing long-term value for holders.

The tokenomics upgrade also incorporates staking mechanisms. By locking GT in the network, users help stabilize gas costs and earn rewards, creating a mutually beneficial system for both the network and the community. This mirrors trends seen in other Layer 2 ecosystems, such as Polygon, where token holders participate in staking or governance to support network health while receiving incentives.

Gate Layer and the GT token upgrade offer two key benefits: faster, cheaper transactions, and a well-structured deflationary token model. By combining staking, gas utility, and burn mechanisms, Gate is aligning incentives for developers, traders, and holders.

More About GateLayer

To give GateChain nodes more flexibility and profit opportunities, the network now supports adjusting the maximum commission parameter of consensus accounts. Previously capped at a default 1%, on-chain consensus accounts can now freely set their own maximum commission rates, creating more room for stable mining income.

By becoming a GateChain node, users can join in consensus mining, set their preferred commission levels, and earn rewards while helping to secure the network. This update is part of a broader effort to make participation in GateChain’s consensus easier and more rewarding, with detailed guidance provided on node installation, delegation steps, and how rewards are shared between consensus and delegated accounts.

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The post Gate Launches Layer 2 Network and Upgrades GT Tokenomics appeared first on Altcoin Buzz.

 

This articles is written by : Nermeen Nabil Khear Abdelmalak

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