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ETHGas Foundation Launches Governance Token GWEI to Manage Real-Time Ethereum Infrastructure

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The ETHGas Foundation announced the token launch of its governance token, GWEI, on January 14, 2026, to manage real-time Ethereum infrastructure and reduce delays caused by block space bidding. A snapshot will be taken on January 19 at 00:00 UTC, with further details about the token launch to follow. The project raised $12 million in a token sale round in December 2025, led by Polychain Capital. New token listings will be reported as the project progresses.

BlockBeats news: On January 14, the ETHGas Foundation announced the launch of the governance token GWEI, which will be used to manage the "Real-time Ethereum" infrastructure, aiming to alleviate delays and volatility caused by the blind bidding for block space. Details about the token generation event (TGE) will be revealed soon, with the snapshot scheduled for 00:00 UTC on January 19.


ETHGas completed a $12 million token round last month, led by Polychain Capital.

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