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DeGate aims to be an Ethereum layer-2 (L2) native decentralized exchange (DEX) protocol that is formed, governed, and owned by the community as a Decentralized Autonomous Organization (DAO). We expect the protocol to encompass a full-set of exchange-related modules including but not limited to autonomous-market-making (AMM) functionalities, orderbooks, leverage-capabilities, L1-L2 bridge, fiat on/off-ramps, and initial-offering capabilities.

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