what's ethgas?
ETHGas is a cryptocurrency infrastructure project focused on transforming Ethereum gas fees into a programmable, predictable, and tradable resource. It enables users to generate a unique Gas ID based on their historical gas spending since the Beacon Chain launch, categorizing them into tiers like "Legendary Jack" for high spenders. This ID unlocks rewards such as Beans, which serve as points in an ecosystem aimed at a "gasless future" by optimizing and incentivizing gas usage. The project integrates with EigenLayer and the EigenCloud to leverage validator-backed security, turning blockspace into a verifiable market. Protocols can harness this infrastructure for faster finality (e.g., 3.1ms) and enhanced scalability, shifting gas from a mere cost to a growth engine. Users claim their Gas IDs and Beans through a simple wallet connection process, fostering community participation in Ethereum's evolving gas economy. By making gas expenditures rewarding and programmable, ETHGas aims to accelerate adoption of efficient blockchain applications, backed by major players in the space. It emphasizes security and verifiability, positioning itself as a key enabler for next-generation DeFi and dApps on Ethereum.
ethgas launched $GWEI governance token with Jan 19 snapshot, discussed blockspace futures, and ran campaign.
Links
x.com/ethgasofficialIntroduces governance token $GWEI with a total supply of 10,000,000,000 tokens allocated as 31% Ecosystem, 27% Investors, 22% Team, 10% Community, 8% Foundation, and 2% Advisors, with eligibility snapshot scheduled for January 19, 2026 at 00:00 UTC.
Featured in an interview with DeFi_Dad discussing blockspace futures trading infrastructure and Gas Abstraction Initiative for Ethereum.
Launched a 10-day campaign on myfanforce with a $10,000 prize pool allocated to the top 10 creators and their fans, ending on 2026-01-22.
Scheduled for an interview on the Edge podcast in the week of December 23, 2025, where the founder will discuss the project's work on Ethereum improvements.
Raised $12 million in a token round.
Velvet Capital launches DeFAI operating system with $VELVET Unicorn bot and full APIs for integration, powered by gasless transactions.
Ether_fi, Pendle, EigenCloud, and Velvet Capital participate in the Open Gas Initiative as protocol partners. Multi-chain expansion to BNB Chain, Base, and Arbitrum is planned.
Open Gas Initiative launches as Chapter 3 (Chapters 1 and 2 closed) with three-phase rollout: monthly gas refunds for partner apps, automated sponsorship rules, and full automation via EIP 7702 infrastructure, while users earn Bean points through social tasks.
Realtime Blocks mainnet launch reduces MEV by 90% and boosts DEX LP earnings 2-10x with $2B+ potential, using 100ms sub-blocks for instant state updates and preconfirmations.
Realtime Blocks feature launches on mainnet with 50ms block building speed, performing 240x faster than Ethereum and 8x faster than Solana/Monad while removing majority of MEV, built on EigenLayer infrastructure.
A partner project announces the launch of a gasless initiative in collaboration with the project.
Legendary Jack tier documented at 12.2575 ETH gas spent with 4000 Beans reward, establishing a new tier category between Hero Jack and Divine Jack levels. Final deadline for Gas ID claims is today.
Divine Jack tier shows updated rewards of 4000 Beans at 29.1689 ETH gas spent, representing a substantial increase from the 1500 Beans previously documented for this tier.
Omni Jack tier documented at 253.1186 ETH gas spent with 1500 Beans reward, establishing a new high-tier category in the rewards structure above previously documented levels.
Hero Jack tier documented at 3.6431 ETH gas spent with 1500 Beans reward, establishing a new tier category below previously documented levels.
Divine Jack tier documented at 30.3374 ETH gas spent with 1500 Beans reward, establishing a new tier category in the rewards structure.
Validator network adoption of the initiative enables higher and more predictable staking yields.
Official account achieves #5 position for smart follower growth among crypto Twitter accounts in recent days.
Legendary Jack tier documented at 7.804 ETH gas spent with 4000 Beans reward, establishing a new lower qualification threshold than the 11.4852 ETH previously recorded as the minimum for this tier.
Legendary Jack tier documented at 209.4026 ETH gas spent with 4000 Beans reward, establishing a significantly higher qualification threshold than the 70.0822 ETH previously recorded as the maximum for this tier.
Legendary Jack tier documented at 11.4852 ETH gas spent with 4000 Beans reward, establishing a new lower qualification threshold than the 24.2983 ETH previously recorded as the minimum for this tier.
Legendary Jack tier documented at 24.2983 ETH gas spent with 4000 Beans reward, establishing a lower qualification threshold than the 42.1378 ETH previously recorded for this tier.
Legendary Jack tier documented at 70.0822 ETH gas spent with 4000 Beans reward, establishing a higher qualification threshold than the 42.1378 ETH previously recorded for this tier.
Gas ID feature is active and users can unlock their Gas ID.
Gas Rebates feature announced as coming soon.
Legendary Jack tier is documented at 42.1378 ETH gas spent with 4000 Beans reward, establishing a significantly higher qualification threshold than the 10.3276 ETH previously documented as the maximum for this tier.
Upcoming airdrop announced, encouraging participants to accumulate Beans with focus on ETH OGs.
Legendary Jack tier is achieved at 6.4027 ETH gas spent since Beacon Chain with 4000 Beans reward, establishing a lower qualification threshold than the 7.061 ETH previously documented for this tier.
Legendary Jack tier is achieved at 7.061 ETH gas spent since Beacon Chain with 4000 Beans reward, establishing a lower qualification threshold than the 10.3276 ETH previously documented. Hero Jack tier is achieved at 4.4402 ETH gas spent with 3000 Beans reward, documenting a new intermediate threshold.
Hero Jack tier is achieved at 2.7589 ETH gas spent since Beacon Chain with 1500 Beans reward, establishing a lower qualification threshold than the 3.0377 ETH previously documented for this tier.
Legendary Jack tier is achieved at 10.3276 ETH gas spent since Beacon Chain with 4000 Beans reward, establishing a lower qualification threshold than the 11.8522 ETH previously documented for this tier.
Hero Jack tier is achieved at 3.0377 ETH gas spent since Beacon Chain with 2000 Beans reward, establishing a lower qualification threshold and different reward amount than the 5.3885 ETH with 3500 Beans previously documented for this tier.
Legendary Jack tier is achieved at 11.8522 ETH gas spent with 4000 Beans reward, establishing a lower qualification threshold than the 50.6044 ETH previously documented for this tier.
Legendary Jack tier is confirmed at 50.6044 ETH gas spent since Beacon Chain, awarding 4000 Beans, establishing a higher tier above Hero Jack in the ranking system.
Hero Jack tier is confirmed at 5.3885 ETH gas spent, awarding 3500 Beans, establishing a new tier below Legendary Jack in the ranking system.
12.2 ETH gas spending places a user in the top 1% of all participants, establishing a new percentile benchmark in the ranking system.
Beanstalk Bonanza social tasks for contribution points are confirmed live, with upcoming roadmap phases including Gas Report launch (visualizes total ETH gas spend) and Open Gas Initiative partnerships, followed by protocol-level fee refunds implementation.
A card marketing campaign distributes tiered cards (including Legendary tier) to users, with the campaign attributed to surgence_io partnership.
Marketing partner Surgence.io reports tens of thousands of Gas ID cards generated and tens of millions of organic impressions from unpaid KOL amplification in recent campaign.
Chapter 2 titled 'The Great Gas Reckoning' is live, with Chapter 3 'Sky-Castle Bounty' announced to include gas rebates and live blockspace markets.
Legendary Jack tier threshold is set at 8.7749 ETH gas spent, awarding 4000 Beans.
Gas ID system includes "Hero Jack" tier that awards 1000 Beans to users, in addition to the previously known "Legendary Jack" tier that awards 4000 Beans, revealing a multi-tier rewards structure based on gas spending amounts.
The Gas ID system now includes a public leaderboard ranking users by gas usage, with mentions of an undefined "gassy jackpot" feature.
A referral code system for earning Beans is active, but multiple users express frustration and request refunds.
Active rewards program distributes Beans to users based on historical gas spending, with users claiming Gas IDs and earning 4000 Beans at Legendary Jack tier.
The project launched a Gas ID product that tracks historical gas spending since Beacon Chain and assigns tier classifications like "Legendary Jack." Users are earning "Beans" points through the platform, with reports of 4000 Beans accumulated.
Gas ID system launched with tiered rewards structure, offering up to 4,000 Beans at Legendary tier, integrated with leaderboard and Gas Report features.
A points campaign is live with contribution points called "beans" for future community incentives; users generate gas reports to earn points. The protocol enables tradable blockspace, sponsored fees, gas rebates, and validator yield boosts.
Strong early adoption with 80K+ users onboarded in first week, featuring Beans system for engagement and Chapter 1 product launch called Beanstalk Bonanza.
Launches Chapter 1 of their Gasless Future Initiative with a quest system where users can earn Beans to measure their impact.
An investment firm is promoting the project through 50+ institutional meetings across Asian conferences and will present it at upcoming KBW Korea and Token 2049 Singapore events.
Former Morgan Stanley Head of Structuring builds gas infrastructure for rebates, instant settlement, and derivatives.
Infrastructure platform reports $7.45B TVL, developing gas markets, futures, and rebates products.
New Diamond Sponsorship of Based Rollup Summit Cannes, joining key Ethereum scaling developers and researchers.