![GateChain – Everything You Need To Know](http://media.assettype.com/analyticsinsight%2Fimport%2Fwp-content%2Fuploads%2F2022%2F03%2F1.jpg?w=480&auto=format%2Ccompress&fit=max)
GateChain is a next-gen public blockchain that builds an enterprise-class secure and efficient decentralized digital asset storage, distribution, and trading ecosystem. Founded by Gate.io – one of the oldest and biggest exchanges in the world – the core idea is to build a secure and scalable blockchain that's EVM-compatible.
The GateChain ecosystem includes elements like the GateChain mainnet, GateChain DEX, GT, wallets, and more. The main features of GateChain are as follows:
There are multiple advantages of using the GateChain:
HipoDeFi is your one-stop-shop for all your DeFi needs. It collates real-time data on every DeFi project, allowing users to compare exchange ratios, yields, loans, and their interest rates. The three main features of HipoDeFi are:
Furthermore, Gatechain 2.0 allows users to explore DeFi and experience the hottest products easily.
Launched in 2021, the NFT Magic Box is an NFT marketplace built on top of the GateChain. The core features of the magic box are as follows:
Gate.io is actively populating the GateChain through its Grants program to enable developers to create their applications. It must be noted that developers can qualify for the Grants regardless of whether they are developing on the GateChain or not. The resources provided by the program are:
The following types of applications would receive funding from the Gate Grants on a priority basis:
The GateChain was created to solve the complex problems of inefficient blockchain operations without compromising decentralization. The GateChain empowers developers to create applications that fulfill a wide range of use cases through its deep yet diverse ecosystem.
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