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Tap In Tuesday: Driving Layer 2 Adoption w/ DeGate Bridge
Learn more about cross-chain DeFi bridges with DeGate
Take one step closer to sovereignty every single week, join the DeFi Slate community below:
DeFi Slate Fam:
We are coming off an epic July 4th weekend!
Tons of exciting developments happening here at Slate and across the entire DeFi ecosystem. Layer 2 season is just getting started.
Today, we are covering one of the newest Layer 2 bridges. DeGate is a unique gateway bringing interoperability across multiple blockchains and Layer 2 solutions.
In this demo, we showcase the DeGate bridge as a point of accessing the Arbitrum network. Check out how it works here:
Enjoy!
-Rob
Itβs harvest season. Earn interest without taking market risk onΒ mstableΒ :) (Recently launched on Polygon for gas-free farming)
AaveΒ is the non-custodial money market protocol leading the #DeFi charge.
Use theΒ appΒ as a high-yield savings account & access leverage on your crypto.
Tap In Tuesday: Driving Layer 2 Adoption w/ DeGate Bridge
π Sponsor Update:Β DeGateΒ is a Decentralized Layer 2 Decentralized Exchange based on optimistic rollups. DeGate will offer secure order-book trading that is faster and cheaper.
DegateΒ also offers a fast and efficient L1 - L2 Bridge, testnet is operating now. Try itΒ HERE
β οΈ DISCLAIMER:Β Investing into cryptocurrency and DeFi platforms comes with inherent risk including technical risk, human error, platform failure and more. At certain points throughout this post, we might get commission for promoting certain projects, if this is the case we will always make sure it is clear. We are strictly an educational content platform, nothing we offer is financial advice. We are not professionals or licensed advisors.
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Last week in review:
πDeFi By Design EP #39: The Power of DeFi in Unbanked Countries w/ Akin Sawyer
Wiretap Wednesday: Bridging Layer 2 Chains for DeFi Summer 2.0 w/ DeGate
Check out some previous interviews:
DeFi Slate x TheEther: A social governance experience for Ethereum
DeFi Slate x Nick Fett: Oracles, Tellor, and the future of DeFi
Recent tweets:
- People think that taking 3-5 years to become financially set in DeFi is too long but are okay with working a 9-5 until they're 65@hermez_network HermezΒ΄s decentralized contentious protocol allows transactions to be settle on layer 1, and withdraw funds previously deposited on layer 2 in a matter of minutes, reducing the time considerably in comparison to sidechainsThe growth and creative development of new applications are limitless in a decentralized, open-source platform such a @hermez_network. It facilitates the scaling of the platform itself and allows its growth not to rely on one person or group.Layer 2 war? Who do you think will be the winner?π€ #Layer2 #DeFi Watch full vid here ππ youtube.com/watch?v=uGYpYpβ¦Why is passive income a meme weβve been farming for over a year now and yβall just made the connection?