GateChain is a future-oriented blockchain network that provides high-performance, security and low-latency infrastructure that supports the flow of decentralized applications and digital assets.

Gate Token (GT) is the native token of the Gate platform and the core asset of the GateChain blockchain. It has a wide range of application scenarios in the Gate ecosystem.

Project Introduction/Project Features
As Utility Tokens and Gas Fee payment tokens on GateChain, GT supports GateChain's underlying transfer system. Since the GateChain main network was launched in 2019, GT has implemented a continuous destruction mechanism. Even after experiencing multiple rounds of market volatility, Gate has always adhered to the steady implementation of the destruction strategy, demonstrating its long-term commitment to the GT deflation mechanism and laid a solid foundation for its value support.
GateChain has the following advantages:
EVM-compatible applications and developers can quickly deploy and run applications on GateChain at zero cost, and developers can directly migrate existing EVM applications to GateChain to enjoy higher performance and lower costs.
The average transaction cost is less than $0.002, which not only lowers the user's usage threshold, but also promotes the widespread adoption and popularization of blockchain applications.
The instant block confirmation function greatly improves transaction efficiency and eliminates uncertainty and rollback problems. High scalability allows it to remain stable as transaction volume increases, supporting future continued growth and large-scale applications.

Ecology
The GateChain ecosystem mainly provides the following functions:
Gate Wallet
Cross-chain redemption
GT staking
GateScan Browser