ETHGas Governance Token $GWEI Goes Live with $12M Funding Round

ETHGas has officially launched its governance token $GWEI, backed by notable crypto investors including Polychain Capital and a host of other institutional players. The project successfully raised $12 million in this funding round, signaling strong market confidence in the protocol's vision.

The airdrop snapshot is scheduled for January 19th, offering community members a straightforward entry point into the ecosystem. Participation requires zero fees—making it accessible to all holders during the snapshot window. The entire process takes under five minutes, removing barriers to engagement.

With a total supply capped at 10 billion $GWEI tokens, the project maintains controlled tokenomics designed for long-term sustainability. This governance structure underscores ETHGas's commitment to decentralized decision-making and community participation in protocol evolution.