Interactive Tutorial | Seize the Last Chance to Earn Points Before ETHGas Token Launch
- Core Viewpoint: ETHGas has announced its token model, with an airdrop snapshot imminent.
- Key Elements:
- The total supply of the GWEI token is 10 billion, with the airdrop snapshot scheduled for January 19th.
- The project aims to reduce Ethereum Gas fees through a market-based block space mechanism.
- It has completed a $12 million seed funding round led by Polychain.
- Market Impact: May attract users to participate in interactions to qualify for the airdrop.
- Timeliness Note: Short-term impact.
Original | Odaily (@OdailyChina)
Author | Asher (@Asher_ 0210)
Last night, ETHGas announced its token economic model and stated that the eligibility snapshot for the token airdrop will be taken at 8:00 AM Beijing Time on January 19th. Concurrently, after the token launch, Chapter 4: The Genesis Harvest event will commence.
Odaily provides a final analysis of ETHGas, its token model, and an interaction guide before the snapshot—simply "connect your wallet" to earn points for a chance at the token airdrop.
ETHGas: A DeFi Project Born to Solve Ethereum's High Gas Fees and Network Congestion
Project Introduction
ETHGas is dedicated to building real-time infrastructure for Ethereum. By partnering with top-tier protocols to marketize block space, it aims to achieve the vision of "Instant Ethereum, Invisible Gas" through its 3-millisecond pre-confirmation technology. The core purpose of ETHGas is to address the pain point of high mainnet Gas fees. By collaborating with protocols, it partially or fully refunds Gas fees to users, significantly reducing or even achieving "Gas-free" transactions when using these protocols.
ETHGas completed a $12 million seed funding round on December 17, 2025, led by Polychain Capital, with participation from Stake Capital, BlueYard Capital, Lafayette Macro Advisors, SIG DT, and Amber Group. The project had previously completed an undisclosed ~$5 million Pre-Seed round around mid-2024.
Token Model
The total supply of the ETHGas project's token, GWEI, is 10 billion tokens. The allocation is as follows: Ecosystem 31%, Investors 27%, Team 22%, Community 10%, Foundation 8%, Advisors 2% (specific details like vesting schedules have not been disclosed).
Token Airdrop Details
According to the latest information from the official Discord, the platform's Beans points snapshot will be taken at 8:00 AM Beijing Time on January 19th.
Furthermore, interaction points earned in Discord can be converted into Beans points. The snapshot for this conversion is scheduled for 8:00 AM Beijing Time on January 15th. Interaction points earned in Discord on January 16th will be displayed in the user's personal panel on the platform. To ensure a smooth conversion of Discord interaction points, users need to create an account on the platform and link their Discord account by January 15th.
Therefore, the current task is to update your Gas ID, which records your on-chain Gas consumption. It is recommended that existing users also re-apply for one.
Step-by-Step Interaction Tutorial
STEP 1. Go to the interaction website (Link: https://www.ethgas.com/community/onboarding/) and link your personal X account.
STEP 2. After entering the main page, click the avatar in the top right corner to link your personal Web3 wallet.
STEP 3. Go to the "Gas Report" section, follow the official Twitter account, and select "Generate Gas Report" to create your personal Gas report. Currently, due to high demand, you may need to queue and wait.
STEP 4. Return to the main page to view social tasks and referral tasks. Complete tasks to earn corresponding point rewards.
