GateToken is the native currency of the ecosystem of GateChain, a public blockchain that focuses on onchain asset safety and decentralized trading; The Smart Contract of GateToken is built on Ethereum and Solana.

$GT is the native token of Gatechain mainnet. It became exchange token of Gate.io formally on March 2, 2020 with the new name “ GateToken”.Since then, $GT has been developing together with Gate.io.At its early stage, $GT was distributed to Gate.io Point purchaser as a free gift, initial supply of 1 billion. With 0.7 billion burned afterward， the current maximum circulation is 0.3 billion. As buyback and burning plans have been implemented, $GT is entering into absolute deflation.As an important part of Gate.io ecosystem, $GT can be used in VIP tier escalation, trading fee debit, exclusive activities participation and more.Gate.io will also increasingly empower $GT with more and more applications and use cases to improve its intrinsic value.