### What is DeGate?
DeGate is a decentralised order book exchange (DEX) protocol built on the Ethereum blockchain using Zero-Knowledge (ZK) technology, specifically ZK-Rollup. It supports spot trading with limit orders and grid trading, designed to offer a fast, efficient, and low-cost trading platform while allowing users to maintain self-custody of their assets.

### How does DeGate work?
DeGate operates on the Ethereum blockchain, leveraging ZK-Rollup as a layer 2 scaling solution to enable faster and cheaper transactions while maintaining the security of on-chain verification. Users' operations are initially processed off-chain, where a DeGate node verifies and bundles transactions into a zkBlock. These transactions are then validated on-chain through smart contracts, which handle asset custody and interaction processes. The platform offers a trustless trading environment without traditional consensus mechanisms like Proof of Work or Proof of Stake, relying instead on Ethereum's security and its innovative ZK-Rollup process.

### What are the potential use cases for DeGate?
DeGate's potential use cases include:  
- **Decentralised Trading**: Features like spot and automated grid trading facilitate advanced trading strategies.
- **Liquidity Mining**: Users are incentivised to provide liquidity, enhancing trading depth and generating rewards.
- **Asset Management**: Internal transfers and features like Exodus Mode offer flexible asset control.
- **Integration with Stablecoins**: Partnerships with yield-bearing stablecoins like USDM offer additional investment opportunities.
It serves cryptocurrency trading, DeFi applications, and cryptocurrencies’ broader financial use.

### What is the history of DeGate?
DeGate was launched in March 2021 and is governed as a Decentralised Autonomous Organisation (DAO), emphasizing community control. Significant milestones include the fair launch of its token (DG) on Uniswap, completion of its order book DEX, and the implementation of efficient gas-saving technologies. The platform is known for its community-driven approach, transparent updates, and pioneering use of ZK-Rollup technology to enhance decentralised trading efficiently and cost-effectively.

DeGate

Lido Staked Ether

Wrapped stETH

Uniswap

MANTRA

Aave

Raydium

Lido DAO

Injective

NEXO

Rocket Pool ETH

DeXe

Wrapped Fantom

Maker

Venus BTC

Curve DAO

Kava.io

THORChain

Pendle

Compound

DeGate (DG)

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UNI

OM

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INJ

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