$GWEI Tokenomics

The Fuel for Realtime Ethereum

$GWEI serves as the governance token for the ETHGas Foundation. It is the primary tool allowing the community to steer the commoditization of blockspace and the Realtime Ethereum engine.

Token Identity

  • Ticker: $GWEI

  • Type: ERC-20 (Ethereum Mainnet)

  • Total Supply: 10,000,000,000 (10 Billion)

Token Distribution

We have designed a sustainable distribution model with a 10-year horizon for ecosystem growth. The majority of the supply is dedicated to the ecosystem and the long-term health of the protocol.

Governance & Decentralized Stewardship

The $GWEI token is the steering wheel for the ETHGas ecosystem. With billions of dollars flowing through Ethereum gas markets annually, $GWEI transitions holders from passive users into active stewards to participate in the future of the protocol through proposal creation, voting and delegated decision-making. Its primary function is to enable decentralized stewardship of the protocol.

1. On-Chain Decision Making

Holders who stake $GWEI receive $veGWEI (voting escrow), granting them the right to propose and vote on critical changes, which may include:

  • Protocol Parameters: Adjusting fees, incentives and collateral factors to keep the market efficient.

  • Supply Dynamics: Managing how protocol fees are utilized to maintain ecosystem health (e.g., offsetting emissions or allocating treasury tokens).

  • Smart Contract Upgrades: Approving migrations or new integrations to ensure the protocol remains the standard for Realtime Ethereum.

2. Delegation & Liquid Democracy

To enhance scalability and decision quality, $veGWEI supports vote delegation. Token holders can delegate their voting power to trusted individuals, organizations, or professional delegates, while retaining full ownership of their tokens. This liquid democracy model encourages broad participation without requiring every holder to vote on every proposal.

3. Commitment-Based Weighting

Governance influence is aligned with long-term ecosystem health. Voting power is amplified by the duration of your stake. Longer lock durations or higher stake amounts confer proportionately greater voting power. This protects the protocol from short-term opportunists and rewards true long-term believers.

4. Treasury Stewardship

The $veGWEI community governs the protocol treasury. Through proposals, holders decide how to allocate resources for ecosystem initiatives, developer grants, and strategic partnerships. This community-driven resource allocation enables sustainable growth while maintaining decentralized control.

5. Emergency & Upgrade Authority

$veGWEI governance serves as the final authority over protocol upgrades, parameter changes, and emergency actions. While operational responsibilities may be delegated to specialized committees or smart contracts, ultimate decision-making power rests with the governance process.


⚠️ IMPORTANT: SCOPE OF RIGHTS

$GWEI serves as a governance token only. It is not a utility token and is not required to access or use ETHGas or any protocol products/services. $GWEI (and any associated governance rights such as $veGWEI) is a coordination mechanism for proposal submission, voting, and delegated decision-making. $GWEI does not represent or confer any equity, ownership, or membership interest in any entity, nor any right to receive profits, dividends, revenue, fees, buybacks, distributions, or any other economic return from ETHGas, the protocol, the foundation, or any affiliated party. Any references to incentives, “yield,” rewards, emissions, or treasury allocations describe protocol-native incentive mechanisms that may change by governance and are not guaranteed. Holding $GWEI is a commitment to operating and governing the protocol and is not a passive investment.

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