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 will serve as the exclusive gas token, maintaining its dual deflationary model of “scheduled buyback & burn + on-chain burning,” with a cumulative burn ratio of 60.18%.https://t.co/8yrsi3u94H ...