Base

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

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

Amazing accomplishment.  Super excited for the future of $DEGEN!

It's the first multi utility memecoin.