crypto

Today, we’re excited to announce the launch of Degen Chain, an L3 for the /degen community built with Arbitrum Orbit, @base for settlement, and AnyTrust for DA.

The chain’s native gas token is $DEGEN, making it one of the first community tokens with its own L3.

Read more: https://syndicate.io/blog/degen-chain

This is massive. And makes me happy as both a Syndicate investor and Degen holder.

Benevolent internet pseudonym. AKA @boredelonmusk elsewhere.

I don't understand why the Degen L3 is even needed 😬

Base

Degen is pioneering the future by launching one of the first L3s on Base

L3s are appchains which deliver lightning-fast transactions because they settle on L2s like Base instead of connecting directly to Ethereum

A new onchain internet demands new models for scaling, and L3s utilize the power of L2s in new ways

I guess this is a sort of a summary: https://warpcast.com/base/0xf533c177