Ethereum infrastructure protocol 'ETHGas' launches governance token 'GWEI'
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Summary
- Ethereum (ETH) infrastructure protocol ETHGas announced that it has launched its governance token 'GWEI.'
- ETHGas said it aims to address Ethereum’s latency and fee-volatility issues through predictable transaction fees and a large-scale gas-fee waiver structure.
- The GWEI airdrop will be conducted based on historical Ethereum gas-usage records and community verification data, with the snapshot set for 9 a.m. on the 19th (Korea Standard Time), it said.
ETHGas, an Ethereum (ETH) infrastructure protocol, said on the 14th that it has launched its governance token, 'GWEI.'
ETHGas is an infrastructure project aimed at converting the Ethereum network into a real-time execution environment, while implementing predictable transaction fees and a large-scale gas-fee waiver structure. The project envisions addressing Ethereum’s existing latency and fee-volatility issues through a framework that enables block space to be secured and managed in advance.
Holders of the governance token 'GWEI' can participate in key decision-making processes for the ETHGas protocol. Features include delegated voting, proposal submissions, and emergency decision-making.
The GWEI airdrop will be conducted based on historical Ethereum gas-usage records and community verification data. The snapshot is scheduled for 9 a.m. on the 19th (Korea Standard Time). Further details are available on the official ETHGas website.
