DegenLayer Unveils Test Net Release, Signaling a Pivotal Move Toward the Highly Anticipated Main Net Launch

DegenLayer, the freshly minted meme coin-centric blockchain and trading terminal app suite, has unveiled its test net release, signaling a pivotal move toward the highly anticipated main net launch.

Freshly minted meme coin-centric blockchain and trading terminal app suite DegenLayer has unveiled its test net release, signaling a pivotal move toward the highly anticipated main net launch.

Designed to enable seamless memecoin trading and creation without any setup, the platform will be tapping into the impressive $20 billion liquidity of the Optimism Superchain ecosystem.

The project’s developers anticipate generating daily revenues of $1 million in ETH, based on a projected daily DEX trading volume of $200 million. DegenLayer is revolutionizing the space with its low transaction fees and intuitive user interface, aiming to onboard mainstream users into blockchain trading and creation.

The native token $DELAY debuted on Uniswap last week through a fair launch. Next week, it’s gearing up for a listing on a top-15 exchange ranked by CoinGecko, opening the doors to its 10 million-plus user community.

The initiative boasts a robust team of over 60 talented individuals who have previously contributed to significant projects such as PunksClub.io, the social network for CryptoPunks; Music.com in collaboration with Pharrell Williams; and acclaimed AAA titles like The Witcher 3 and Dying Light 2. The founding team has a proven track record, propelling SuperBid’s token value from a mere $0.01 to an impressive $12 in 2021.

“Our proven track record in both Web3 and gaming demonstrates our ability to deliver compelling user experiences,” says Jacob Rylko, Co-Founder & CEO. “With DegenLayer, we’re leveraging our existing reach of 3 million-plus users through our Telegram mini-app, Firecoin, to accelerate adoption.”

Key features and projections:

DegenLayer’s launch marks a pivotal moment in democratizing memecoin trading for everyday users, harnessing the robust Optimism infrastructure that powers Coinbase’s Base Layer 2.