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ETH Gas Fees, Redistributed.
ETH2.0's arrival brings a compensation to Ethereum users, for the gas fees they have spent.
Introducing $gETH, a token distributed in direct proportion to your gas fee expenditure.
a project by Ethereum Foundation.
You've spent
Ξ25.524
on gas
Right now, that's $64,703
You can claim
$12,294
worth of $gETH
You used 17,409,849 gas to send 539 transactions, with an average price of 26.48309M Gwei.
In order to get your gETH tokens you first have to calculate your gas fees.
Reclaim Your Gas Fees
The Ethereum community has contributed billions in gas fees. Now it's time to get rewarded for your contribution.
What is gETH?
gETH, or gasETH, is an Ethereum core team token designed to reward individuals who have incurred significant gas fees on the Ethereum Mainnet. As Ethereum shifts into a new phase, reducing gas fees, we aim to recognize and reward those who have extensively utilized the network.
Once the ETH2.0 Sharding update is implemented, gasETH will serve as a gas token and is currently being actively developed by the Ethereum team.
Reward for Network Usage
Proportional to historical gas fees
ETH2.0 Integration
Future gas fee currency
Why the gETH token?
Gas fees have been a persistent issue for the Ethereum network since its inception, leading to slow and costly transactions. The Ethereum Foundation has devised a solution—a token that rewards participants in ETH 1.0.
Presently, Ethereum processes 1 million transactions daily and generates substantial ETH for its stakers (prior to miners). However, as ETH2.0 launches, gas fees will significantly decrease, with gETH serving as the primary currency for paying these fees.
Reduced Gas Fees
ETH2.0 brings lower transaction costs
Fair Distribution
Based on historical contributions
Architecture of gETH
All gETH tokens will be redistributed to those who have spent on gas fees, ensuring proportional rewards based on their expenditure. This straightforward token is released by the Ethereum Foundation, established and funded by Ethereum from its beginning.
Tokens distributed in proportion to gas fees spent on the Ethereum network.
Will serve as the primary currency for paying reduced gas fees in ETH2.0.
Developed and backed by the Ethereum Foundation to reward network participants.
Join the Movement
Calculate your gas fees now and discover how much gETH you can claim.