[Gate Launches Layer 2 Network and Upgrades GT Token Mechanism] According to CoinDesk, Gate Exchange has announced the launch of Gate Layer, a Layer 2 blockchain built on OP Stack and compatible with Ethereum. The platform has simultaneously upgraded the GT (GateToken) mechanism, designating GT as the sole Gas token for Gate Layer while continuing the dual-burn model. To date, over 180 million GT tokens have been burned, accounting for approximately 60% of the initial supply. Gate Layer is positioned as the foundational infrastructure for the 'All in Web3' strategy, supporting applications such as the perpetual contract center Perp, the no-code incubator Gate Fun, and the cross-chain meme tracking tool Meme Go.