DegenLayer, a newly launched blockchain and trading terminal app suite, is introducing the world’s first memecoin-focused blockchain. The platform has announced the release of its testnet, a significant step before its mainnet launch. With a focus on zero setup memecoin trading and creation, DegenLayer aims to tap into the $20 billion liquidity within the Optimism Superchain ecosystem.
The developers of the project are projecting daily revenues of $1 million in ETH, assuming a daily DEX trading volume of $200 million. DegenLayer boasts low transaction fees and a user-friendly interface, making it accessible for mainstream users to engage in blockchain-based trading and creation. The platform’s native token, $DELAY, was recently launched on Uniswap and is set to be listed on a top-ranked exchange, providing access to a large user community.
DegenLayer is powered by a team of over 60 individuals who have a track record of success in Web3, gaming, and entertainment industries. With notable projects like PunksClub.io, Music.com, and AAA games like The Witcher 3 and Dying Light 2, the team behind DegenLayer has a proven track record of delivering compelling user experiences. The platform’s innovative features, including the “Pump Technology” and viral referral program, aim to drive user engagement and adoption.
Key features of DegenLayer include the innovative “Pump Technology” where 50% of revenue is allocated to viral user rewards, $DELAY and memecoin buybacks, a viral referral program, seamless integration with Telegram’s massive user base, one-click memecoin creation and trading interface for non-crypto users, and transaction fees below $0.01 with a capacity of 2,000 transactions per second. The launch of DegenLayer marks a significant milestone in making memecoin trading accessible to mainstream users while leveraging Optimism infrastructure used by Coinbase’s BASE Layer 2.
DegenLayer is a trading terminal and Ethereum Layer 2 blockchain that aims to make memecoin trading accessible to mainstream users. Built on Optimism technology, the platform offers low-cost, high-speed transactions and a user-friendly interface for memecoin trading and creation. With a team experienced in Web3, gaming, and entertainment, DegenLayer is set to bring innovative blockchain solutions to the global market. For more information about DegenLayer and its unique approach to memecoin trading, users can visit their website. Media inquiries can be directed to the provided email address.
