DG
ShitCoin
Reputation Ratings
DeGate 2-5 years
Cryptocurrency
Website https://degate.com/
Browser
OTH RELPs
White Paper
DG Avg Price
0.00%
1D

$ 0.0832 USD

$ 0.0832 USD

Market Cap

$ 83.531 million USD

$ 83.531m USD

24h trading volume

$ 5,803.54 USD

$ 5,803.54 USD

7d Vol

$ 149,865 USD

$ 149,865 USD

Circulating supply

0.00 0.00 DG

Related information

Issue Time

2021-03-12

Platform pertained to

--

Current price

$0.0832USD

Market Cap

$83.531mUSD

Volume of Transaction

24h

$5,803.54USD

Circulating supply

0.00DG

Volume of Transaction

7d

$149,865USD

Change

24h

0.00%

Number of Markets

11

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Current Rate0

Available

0.00USD

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WikiBit Risk Alerts

1
Previous Detection 2024-11-05

WikiBit has marked the token as air coin project for we have received overwhelming complaints that this token is a Ponzi Scheme. Please be aware of the risk!

DG Price Chart

Introduction

Markets

3H

0.00%

1D

0.00%

1W

0.00%

1M

-11.55%

1Y

-46.36%

All

-81.42%

AspectDetails
Short NameDG
Full NameDeGate
Founded YearN/A
Support ExchangesDecentralized exchanges (DEXs) such as DeGate itself and others supporting Ethereum-based assets
Storage WalletWallets supporting Ethereum-based tokens, such as Trust Wallet, MetaMask, and hardware wallets like Ledger or Trezor

Overview of DeGate(DG)

DeGate is a decentralized exchange (DEX) protocol on the Ethereum blockchain, distinguished by its community governance through a decentralized autonomous organization (DAO). It utilizes ZK-Rollup technology to enable low-fee, fast transactions while maintaining the security and decentralization of the Ethereum mainnet. The platform does not use an Admin Key, enhancing its trustlessness and security.

Overview of DeGate(DG)

Pros and Cons of DeGate

ProsCons
Low transaction fees and fast processing with ZK-Rollup technology.Complexity for new users due to advanced features and DAO governance.
Decentralized governance through a DAO, giving users decision-making power.Reliance on the Ethereum ecosystem, which can be volatile.
No central authority; enhanced security with no Admin Key.
Supports trading of multi-chain assets on its DEX.
Advanced security with Zero Knowledge cryptography and full on-chain transparency.

DeGate (DG) leverages ZK-Rollup technology to offer low transaction fees and fast processing, making it an efficient choice for users. It operates under a decentralized autonomous organization (DAO), allowing token holders to participate in governance decisions, which enhances user involvement and transparency. Additionally, the platform ensures high security by eliminating central authority control and employing advanced Zero Knowledge cryptography.

However, DeGate's sophisticated features and reliance on DAO governance may pose challenges for new users unfamiliar with such systems. Furthermore, being built on the Ethereum blockchain, DeGate is subject to the inherent volatility and congestion of the network, which could affect transaction speeds and costs under certain conditions. These aspects should be considered when evaluating the platform's suitability for individual trading needs.

How Does DeGate (DG) Work?

DeGate (DG) operates as a decentralized exchange (DEX) built on the Ethereum blockchain, utilizing advanced technologies and structures to facilitate secure, efficient, and user-centric trading experiences. Heres how DeGate functions:

  • ZK-Rollup Technology: DeGate employs Zero Knowledge (ZK) Rollup technology, a layer 2 scaling solution that bundles multiple transactions into a single one. This significantly reduces the gas fees and enhances transaction speeds while maintaining the security and decentralization of the underlying Ethereum mainnet.
  • Decentralized Governance: DeGate is governed by a decentralized autonomous organization (DAO). Holders of the DG token participate in governance decisions, influencing the development and operational aspects of the platform. This community-driven approach ensures that users have a say in key decisions.
  • Trading Mechanisms: DeGate offers various trading options such as limit orders, grid trading, and permissionless listing. These features cater to different trading strategies and preferences, providing flexibility for traders.
  • Trustless Environment: The platform operates without an Admin Key, eliminating centralized points of failure and enhancing its trustlessness. Users maintain full control over their assets at all times, ensuring enhanced security.
  • Permissionless Listing: Traders can list new tokens without needing permission from a central authority, fostering an open and inclusive trading environment.
  • Integration with DeFi Protocols: DeGate plans to integrate further with other decentralized finance (DeFi) protocols to expand its services and offer more comprehensive financial solutions within the ecosystem.
  • Advanced Security Features: Utilizing Zero Knowledge proofs not only for scalability but also for security, DeGate ensures that all transactions are fully transparent and recorded on-chain, providing an additional layer of security through data availability on Ethereum Layer 1.
  • How Does DeGate (DG) Work?

    Market & Price

    The live DeGate price today is $0.105544 USD with a 24-hour trading volume of $20,943.11 USD. We update our DG to USD price in real-time. DeGate is down 0.03% in the last 24 hours. The circulating supply is not available and a max. supply of 1,000,000,000 DG coins.

    Protocol Fees Overview

    Trading Fees
    • Mechanism: Takers pay trading fees when a limit or market order is filled, deducted from the tokens received.
    • Example: For DG/USDC, buying 1,000 DG at a 0.1% fee results in 1 DG fee, so the user receives 999 DG.
    • Allocation: Fees accrue to the DeGate HomeDAO vault.
    Gas Fees
    • Application: Incurred for operations via zero-knowledge proofs on Ethereum mainnet.
    • Payment Options: Payable in ETH, USDC, and USDT.
    • Calculation: Based on predefined gas consumption for each operation and real-time network gas prices.
    Trading Fee Rates
    • Stable Pairs (e.g., USDT/USDC, DAI/USDC): 0.01%
    • Other Pairs (e.g., ETH/UDSC, DG/USDT): 0.05%
    • Regulation: Node operators set rates; cannot exceed maximum rate specified in DeGate smart contract.

    DeGate(DG) Market

    ExchangePairPrice+2% Depth-2% DepthVolume (24h)Volume %ConfidenceLiquidity Score
    DeepcoinDG/USDT$0.10$0.00--High--High
    Uniswap v2DG/USDC$0.11$7,676--High--High405
    DeGateDG/USDC$0.11$5,024$1,510$19,959--Moderate240

    How to Buy DeGate(DG)?

    Heres a streamlined guide on how to buy DeGate (DG) using Trust Wallet and a decentralized exchange (DEX):

    • Download Trust Wallet:
      • Desktop: Install Google Chrome and the Trust Wallet Chrome extension from the official Trust Wallet website.
      • Mobile: Download the app from Google Play or the iOS App Store, ensuring you use official sources.
      • Set Up Your Trust Wallet:
        • Register and set up your wallet using the Chrome extension or mobile app.
        • Securely store your seed phrase and note your wallet address for later use.
        • Purchase ETH as Your Base Currency:
          • Log in to your Binance account, navigate to the crypto purchase page, and buy Ethereum (ETH). If youre new, follow a guide on purchasing your first cryptocurrency on Binance.
          • Transfer ETH to Your Trust Wallet:
            • In Binance, go to your wallet, select Ethereum, click on withdraw, and enter your Trust Wallet address. Choose the Ethereum network for the transfer.
            • Select a Decentralized Exchange (DEX):
              • Choose a DEX that supports Trust Wallet, such as 1inch.
              • Connect Your Wallet to the DEX:
                • Use your Trust Wallet address to connect to the chosen DEX.
                • Trade Your ETH for DeGate (DG):
                  • On the DEX, set ETH as your payment method and select DeGate (DG) as the coin you want to acquire.
                  • Locate DeGate Smart Contract:
                    • If DG isnt listed on the DEX, find its smart contract on Etherscan.io to ensure authenticity and avoid scams.
                    • Execute the Swap:
                      • Complete the transaction by clicking on the Swap button on the DEX.
                      • Is DeGate(DG) Safe?

                        DeGate (DG) employs a robust security framework featuring advanced encryption, comprehensive smart contract audits, and stringent data privacy measures to protect user data and transactions. The platform enhances its security with continuous monitoring, regular updates, and industry-standard practices such as unscheduled Red Team Intrusion Tests.

                        DeGate supports the use of hardware wallets for additional security and offers personalized coverage policies alongside active monitoring services. It leverages Zero Knowledge rollup technology within its decentralized order book exchange on Ethereum, enhancing both privacy and transaction efficiency.

                        The platform operates without an admin key, reducing centralized points of failure, and supports various trading strategies and permissionless listing, giving users greater control over their trading activities. DeGate's proactive approach includes a bug bounty program and efficient gas-saving technology, ensuring a secure and user-friendly trading experience within the decentralized finance ecosystem.

                        Is DeGate(DG) Safe?

                        Conclusion

                        DeGate stands out in the decentralized finance landscape by leveraging ZK-Rollup technology for efficient trading and being governed by a DAO. Its commitment to security, low fees, and community-driven development make it a significant player in the DeFi space.

                        FAQs

                        • What trading options does DeGate offer?
                          • DeGate offers limit orders, grid trading, and permissionless listing among other strategies.
                          • How does DeGate ensure user security?
                            • It uses Zero Knowledge proofs for security and keeps all transactions transparent and on-chain.
                            • Can I trade multi-chain assets on DeGate?
                              • Yes, DeGate supports the trading of multi-chain assets seamlessly on its DEX.
                              • What is the role of DG tokens?
                                • DG tokens are used for governance in the DeGate DAO, allowing holders to participate in decision-making processes.
                                • Risk Warning

                                  Investing in cryptocurrencies requires an understanding of potential risks, including unstable prices, security threats, and regulatory shifts. Thorough research and professional guidance are advised for any such investment activities, recognizing these mentioned risks are just part of a wider risk environment.

DG Market

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nice coin i feel this coin will make me rich if i buy $DG , all websites are still active.
2022-12-08 05:28
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