DAO created specifically for active Ethereum users! Receive airdrops for spending over $1559 in Gas Fees.

In this era of DAO, where everything is possible, GasDAO emerged to give Ethereum active users a voice. Anyone who has spent more than $1559 in Gas Fees on Ethereum is eligible to receive Gas tokens.

There are over 143 Million unique addresses that have made a transaction on the Ethereum network. Gas DAO was created to be the voice and the heartbeat of the most active 643,000 users within that 143 million, to bridge together communities spanning across Defi, DApps, and NFTs

— Gas DAO (⛽,⛽) (@0xGasDAO) December 29, 2021

Introduction to GasDAO

"Becoming the heartbeat and voice of active Ethereum users through on-chain and off-chain governance." This is the core concept of GasDAO.

In simple terms, this newly established DAO aims to become the most influential and vibrant decentralized community on Ethereum through the distribution of free GAS tokens.

GAS Token Distribution

Although it is distributed for free, recipients still need to bear Gas Fee, and not everyone is eligible to receive it. Only users who have spent more than $1559 Gas Fee on Ethereum are qualified, which also helps to determine to some extent whether they are active users. Approximately 634,429 users meet the criteria.

Note: The $1559 limit corresponds to this year's Ethereum EIP-1559 upgrade.

According to the token distribution chart provided by GasDAO, the total supply of GAS tokens is 1 trillion, with 55% of GAS tokens allocated for airdrop distribution. Holders with over 1 billion GAS will have the right to propose, while those with over 1.78 million tokens can obtain the role of gas-holder in the Discord community.

Is GasDAO Trustworthy?

GasDAO has been around for less than a day, and detailed information about its future organizational planning has not been provided. Additionally, according to the chart on dextools, the price of GAS coin is currently highly volatile, so please evaluate carefully before trading.