ETHGas Announces $GWEI Token Generation Event: Empowering the Real-Time Ethereum Vision

ETHGas, an infrastructure project aiming to solve Ethereum's latency and high fee issues, has announced its $GWEI Token Generation Event (TGE) is scheduled for late January 2026. The project's vision is to create a "Realtime Ethereum" that is 100 times faster and operates in a gas-free environment.

Core Vision: Transform Ethereum block space into a tradable asset to drastically improve transaction speed and eliminate gas fees for users.
$GWEI Token Governance: The token will empower holders to manage the protocol's future through on-chain voting (veGWEI), liquidity democracy, commitment-based weighting, and treasury management.
Genesis Harvest Event: Coinciding with the TGE, this event will distribute $GWEI tokens to early contributors via a "Proof of Pain" mechanism, rewarding users most affected by Ethereum's current limitations.
Action Required: To qualify for the Genesis Harvest, users must complete a final community task before a snapshot on January 16, 2026 (00:00 UTC).

The initiative is led by a team from Wall Street and Silicon Valley, with the goal of enabling an instant, gas-free experience for the next billion Ethereum users.

ETHGas, the infrastructure layer dedicated to solving the challenges of Ethereum's latency and unpredictable fees, today officially announced that the token generation event (TGE) for its native utility and governance token $GWEI is about to take place, with a target time of late January 2026.

Led by a team of Wall Street financial engineers and Silicon Valley tech veterans, ETHGas is pioneering the concept of "Realtime Ethereum." By transforming block space into a structured, tradable asset, the protocol aims to increase Ethereum's speed by 100 times and create a real-time, gas-free environment. In such an environment, users can transact instantly, while various protocols gain new mechanisms for sustainable growth.

Governance and Decentralized Management

The $GWEI token will serve as a core governance tool for the ETHGas ecosystem. Given that billions of dollars flow through Ethereum's gas market annually, $GWEI aims to transform token holders from passive network users into active managers of the protocol's future.

Its main governance functions include:

On-chain decision-making : Staking $GWEI will be converted into veGWEI (voting escrow), granting holders the power to adjust protocol parameters, manage supply dynamics, and approve smart contract upgrades.
Liquidity Democracy : Through a delegation model, token holders can delegate their voting rights to trusted representatives, thereby amplifying their voice while retaining full ownership of their assets.
Commitment-based weighting : Voting influence will be linked to the long-term health of the ecosystem, rewarding participants who demonstrate their long-term commitment to the protocol by extending their holding period.
Treasury Management : The veGWEI community has the final say on the protocol treasury, which guides the allocation of resources to developer funding, strategic partnerships, and sustainable growth initiatives.

Chapter 4 : "The Genesis Harvest" and "Painful Proof"

In conjunction with TGE, ETHGas will launch its fourth event, "The Genesis Harvest." This milestone marks the first time that $GWEI will be distributed to builders who have contributed to a gas-free future through its proprietary "Proof of Pain" mechanism.

The Genesis Vault will utilize advanced on-chain analytics to identify and reward genuine contributors most affected by Ethereum's traditional network latency and fee volatility. This sybil-resistant approach ensures that governance power is handed over to the protocol's most loyal users.

Call to Action: Complete qualification certification by January 16th

To participate in the "Genesis Harvest," users must complete the final community task before the snapshot at 00:00 UTC on January 16, 2026 (08:00 Beijing time on January 16) .

The ETHGas leadership team stated, "2026 will be the year of real-time Ethereum. By transforming the block space into a tradable commodity and handing the keys over to a decentralized group of administrators, we are making Ethereum 100x faster—enabling an instant and gas-free experience for the next billion users."

For more details about the $GWEI token, please visit https://ethgasfoundation.org.

Regarding ETHGas

ETHGas is Ethereum's real-time infrastructure layer. By transforming block space into tradable commodities, ETHGas solves the network's biggest problems—latency and unpredictable fees—thus enabling an instant and gas-free user experience.