March 28: Degen, a community token in the Farcaster ecosystem, and Syndicate, a Web3 infrastructure provider, launched Degen Chain, an ultra-low-cost L3 for the $DEGEN community built with Arbitrum Orbit, Base for settlement, and AnyTrust for data availability. According to the team: “The chain’s native gas token is $DEGEN, making it one of the first community tokens with its own L3. The Degen and Syndicate teams will support builders on Degen Chain with developer tools like Syndicate’s Transaction Cloud APIs, offering free gas for developers on Degen Chain.”
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