DegenLayer, a newly launched memecoin-focused blockchain and trading terminal app suite, has announced the release of its testnet, a key step toward its mainnet launch. The platform aims to facilitate easy memecoin trading and creation, using the $20 billion liquidity within the Optimism Superchain ecosystem.
DegenLayer is expected to generate daily revenues of $1 million in ETH, with low transaction fees and a user-friendly interface to attract mainstream users. The project’s native token, $DELAY, was fairly launched on Uniswap and will soon be listed on a top 15 CoinGecko-ranked exchange. The development team has impressive credentials, including successes like PunksClub.io, CryptoPunk social network, and AAA games like The Witcher 3 and Dying Light 2.
Some key features of DegenLayer include: – Innovative “Pump Technology” allocating 50% of revenue to viral user rewards, $DELAY, and memecoin buybacks – Viral referral program projecting $100,000 daily reward distributions – Seamless integration with Telegram’s 1B+ user base via a mini app – One-click memecoin creation and trading interface for non-crypto users – Transaction fees below $0.01 with 2,000 TPS capacity
DegenLayer is designed to make memecoin trading accessible to mainstream users, leveraging established Optimism infrastructure, which is also used by Coinbase’s BASE Layer 2.
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<p>The post Introducing DegenLayer: Revolutionizing Memecoin Trading and Creation with Innovative Features and User-Friendly Interface! first appeared on CoinBuzzFeed.</p>
