ETHGas introduced GWEI as it moved to reshape how Ethereum manages transaction fees and blockspace demand. The launch marked a shift toward structured execution tools that support predictable activity across the network. The project framed GWEI as a core element of a broader system built for future congestion cycles.
ETHGas positioned GWEI at the center of its plan to create a structured market for Ethereum blockspace. The project argued that predictable execution becomes vital when network demand accelerates again. It said current low fees mask structural weaknesses that reappear under congestion.
Network conditions remain calm, and base fees average below 0.1 gwei across most activity. ETHGas said this environment does not reflect the pressures expected during the next high-demand cycle. Therefore, the protocol aims to replace blind bidding with commitments, pre-confirmations, and real-time guarantees.
ETHGas introduced tools that shift users away from volatile mempool competition. The design supports stable inclusion and reduces failed transactions during peak periods. The framework treats blockspace as a tradable asset that applications can manage more efficiently.
GWEI provides holders with direct influence over protocol rules and treasury decisions. The token converts into veGWEI through staking, and voting strength increases with longer lock periods. Delegation allows governance participation without shifting asset ownership.
ETHGas set the total GWEI supply at 10 billion tokens to support a long-term governance structure. The distribution runs over a 10-year horizon that prioritizes ecosystem expansion and operational stability. Governance can direct incentives and approve adjustments that affect protocol behavior.
The project noted that GWEI appears in core functions tied to upgrades, emergency processes, and structural revisions. Governance retains authority over execution parameters that shape network predictability. The model centers long-term participants as decision-makers for system evolution.
ETHGas announced the Genesis Harvest airdrop to reward addresses with meaningful fee histories. The program uses on-chain gas usage as a measure rather than short-term wallet activity. The approach aims to recognize users who contributed to Ethereum’s fee economy over time.
Fee pressure has shifted as Layer 2 networks absorb more activity and compete on execution speed. Many priority fees now arise in MEV-driven environments where specialized users seek faster confirmation. Therefore, ETHGas positioned its system as a way to stabilize execution even as demand migrates across scaling layers.
ETHGas argued that predictable settlement becomes essential when blockspace competition grows. The protocol said GWEI helps anchor this system through governance and structured incentives. The launch sets the foundation for what the project calls the Realtime Ethereum era.
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