FAQ - Mainnet Beta
This page details all information related to DeGate Mainnet Beta
Mainnet Beta is the redeployment of Mainnet Beta(Legacy). This strategic upgrade aims to reinforce protocol security, ensuring DeGate protocol is always 100% trustless. During this phase, users can trade real assets using limit orders. More details can be found in this article -> https://medium.com/degate/degate-mainnet-beta-redeployment-update-a0f1a6b7350c
Mainnet Beta(Legacy) environment will be deactivated no sooner than 14 days from September 14th. Until then, all users can perform normal withdrawals back to their desired Ethereum wallet addresses. After which, all assets will be automatically withdrawn as per protocol design and returned to users' registered Ethereum wallet address via the shutdown mode.
Mainnet Beta(Legacy) will enter into shutdown mode no sooner than 14 days from September 14th. All funds will be automatically withdrawn as per protocol design and returned to users' registered Ethereum wallet address.
Note: Be extra cautious of phishing sites and avoid interacting with other domains.
Unfortunately, that is not possible as Mainnet Beta(Legacy) and Mainnet Beta are 2 independent environments. Do take note of the following guidelines below. Step 1: Withdraw from Mainnet Beta(Legacy) Users will have to manually withdraw funds OR wait for funds to be automatically withdrawn and returned to users' registered Ethereum wallet address once the shutdown mode is intiated.
Step 2: Deposit into Mainnet Beta Users can deposit into Mainnet Beta as per normal.
Mainnet Beta will run for approximately 8-12 weeks. The duration may be adjusted based on the results of the ongoing $1.11 million Bug Bounty program with Immunefi. Learn more about the Bug Bounty program at https://immunefi.com/bounty/degate/
Following the completion of Mainnet Beta, DeGate will be moving forward with the Public Mainnet launch, which will be deployed in the same environment as Mainnet Beta.
To ensure safety for all users, deposits will be capped during Mainnet Beta. In the unlikely event of any losses, DeGate DAO will cover them, capped at USD $5,000 per user. More info can be found here - https://medium.com/degate/degate-dex-launches-mainnet-beta-trade-easy-sleep-easy-603574bd3a46
At DeGate, security is a top priority and new audits has been conducted for Mainnet Beta. For more information regarding DeGate's security audits, please visit https://docs.degate.com/what-is-degate/security-and-audits/. (Updated 12 Sep ‘23).