DeGate’s Latest Innovations: Empowering Projects and Users with Tools to distribute their Tokens

DeGate Team
DeGate
3 min readMar 16, 2024

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DeGate’s Latest Innovations: Empowering Projects and Users with Tools to distribute their Tokens

As DeGate forges ahead in the decentralized finance landscape, we’re excited to introduce two pivotal features that promise to enrich the DeFi ecosystem for projects and users alike: the Airdrop and Countdown Features. These enhancements, together with our existing permissionless listing feature for ERC20 tokens, are designed specially for blockchain projects to distribute tokens and prepare their entry into the market, affirming our dedication to creating a secure, user-friendly, and decentralized trading environment.

A Deeper Look at the Airdrop and Countdown Features

DeGate’s product journey has always been guided by a commitment to meet the needs of users, emphasizing security, efficiency, and trustlessness. The introduction of the Airdrop and Countdown Features marks a significant achievement in this ongoing quest, offering tailored solutions for projects and users.

For Projects: Broadening Reach and Facilitating Market Entry

  • Airdrop Feature: This tool allows blockchain projects to launch airdrops on the DeGate platform independently, permissionlessly and with minimal fees. It’s an invitation to projects seeking to maximize exposure and engagement with their token launch, ensuring they can reach a wide audience without incurring excessive costs. This feature is particularly beneficial for emerging projects looking to airdrop their tokens fairly at scale. Access the Airdrop feature here: https://app.degate.com/airdrop
  • Countdown Feature: Seamlessly integrated with the Airdrop Feature, the Countdown functionality enables projects to schedule the commencement of trading of their airdropped tokens. By setting specific times for trading to begin and selecting desired trading pairs, projects can effectively create a market for their tokens, ensuring a structured and predictable launch. This aids in attracting a community of engaged buyers and sellers from day one, laying the groundwork for a vibrant trading environment.
  • Permissionless Listing: Our existing listing feature allows projects to list any ERC20 token permissionlessly, complementing the two features above. Taken together, they allow for a suite of self-serve features for projects to freely use, befitting the Ethereum Ethos.

For Users: Enhancing Accessibility and Reducing Costs

  • Cost-Effective Participation: Users stand to benefit significantly from the Airdrop Feature, which promises a more affordable way to claim airdrops. This reduction in fees makes it easier for a wider audience to participate in new token launches, democratizing access to potential investment opportunities.
  • Easy Trading: the community of holders can easily trade their tokens on DeGate with extra low to no fees and an intuitive interface. Crucially, maker orders are free.

A Balanced Approach to DeFi Innovation

These features represent DeGate’s commitment to fostering a DeFi ecosystem that benefits all participants by reducing barriers and enhancing the trading experience. By providing tools that support the launch and initial trading phase of tokens permissionlessly, DeGate aims to encourage innovation within the DeFi space, offering a platform where new projects can thrive and users can explore new opportunities with confidence.

Join Us on This Exciting Journey

We are grateful for the community’s support and feedback, which have been invaluable in shaping these new features. As we continue to innovate and expand our platform, we remain dedicated to the principles of decentralization and the growth of the Ethereum ecosystem.

We invite projects and users to explore the Airdrop feature, and join us in advancing the future of decentralized trading. Together, let’s embrace these new opportunities and contribute to a thriving DeGate Community.

DeGate platform provides the tools permissionless-ly, and does not advocate for any single project. As usual, practice DYOR; Please do your own research before investing into any token.

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DeGate Team
DeGate
Editor for

DeGate is Limit Orders, Decentralized. An Orderbook Decentralized Exchange (DEX) Protocol powered by Zero Knowledge rollup. Trade Easy, Sleep Easy.