Gas DAO GAS
1. Summary
- Price
-
$0.000000420578 -0.7%
- Market Cap
- $120,499.00 (#6555)
- Supply
- 286.51B / 1.00T
- Tags
- Ethereum Ecosystem
- Description
-
Gas DAO
Gas DAO
Gas DAO is a decentralized autonomous organization aimed at representing the views of the most active Ethereum network users to the core Ethereum developers and Ethereum Foundation. It was launched with a free and fair initial distribution. The project's purpose is to reduce gas spent on Ethereum and to give the community a way to expand their digital footprint and create a sense of shared purpose.
Token Distribution and Tokenomics
Gas DAO has an ERC-20 governance token called GAS, which is used for governance purposes. Holders with specific amounts of GAS can submit proposals and gain access to exclusive roles in the community. The token distribution is as follows:
- 55% was airdropped to eligible wallets based on a snapshot of Ethereum usage, rewarding network usage.
- 30% is reserved for the DAO Treasury.
- 15% is reserved for core contributors with a vesting schedule.
Governance and Community
Gas DAO operates through on and off-chain governance, using snapshot votes to make decisions. The project aims to become the largest and most diverse DAO on Ethereum, representing the views of active users in DeFi, DApps, and NFTs.
Objectives
- Reduce gas spent on Ethereum.
- Represent the views of the Ethereum network users to the core developers and Ethereum Foundation.
- Introduce an EIP to make Gas DAO snapshot votes a step in the EIP finalization process.
Additional Features
- A GAS PFP NFT can be purchased with GAS tokens, which are burned, contributing to the sense of community.
- A staking contract rewards GAS to stakers proportional to the amount of gas used while staking, ensuring active users of the Ethereum network hold the GAS tokens.
| Price | |
| 52W High price | $0.000001565800 |
| 52W High date | 22nd Mar 2024 (11 months ago) |
| All Time High (ATH) Date | 29th Dec 2021 (3 years ago) |
| ATH Price | $0.000549800000 |
| % From ATH | -99.9% |
| All Time Low (ATL) Date | 6th Aug 2024 (6 months ago) |
| ATL Price | $0.000000398475 |
| % From ATL | 37.29% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $52,712.00 |
| Total Supply | 1.00T |
| Max Supply | 1.00T |
| Circulating Supply | 286.51B |
GAS
How does Gas DAO's (GAS) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
11.7%
GAS
6.1%
Similar Market Cap
60 Day Return
19.3%
GAS
8.7%
Similar Market Cap
1 Year Return
-34.5%
GAS
-15.0%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | 1,210 |
| Active Discord Users | 105 |
| Telegram Users | |
| Twitter followers | 28,149 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://www.gasdao.org/ |
|---|---|
| Explorer | https://etherscan.io/token/0x6bba316c48b49bd1eac44... |
| @0xgasdao |
What is the correct contract address for Gas DAO?
| Ethereum | 0x6bba316c48b49bd1eac44573c5c871ff02958469 |
|---|
Has Gas DAO been audited for security?
No security audits found for this project.
Are you the owner of Gas DAO? Edit it here
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