Introduction to the Open Gas Initiative
ETHGas has unveiled the Open Gas Initiative in a bid to alleviate gas fees for users engaging with various blockchain protocols. This innovative effort represents a no-code subsidy program designed to streamline the experience of on-chain transactions, minimizing friction for participants.
Current Operations and Future Plans
Currently operational on the Ethereum mainnet, there are plans for the initiative to extend to other Ethereum Virtual Machine (EVM) compatible public blockchains and layer-2 solutions, including Base among others.
Early Adopters and Partnerships
Among the first protocols to adopt this initiative are EigenLayer, ether.fi, and Velvet Capital. These early adopters are set to leverage gas subsidies to bolster user retention and engagement, illustrating the advantages of community support in this evolving landscape.
In addition to these protocols, a range of infrastructure partners such as GasHawk, Blocknative, Goldsky, and ClickHouse are expected to contribute to forthcoming integrations, focusing on transaction enhancement, real-time data provision, and advanced analytics.
Goals of the Initiative
The Open Gas Initiative is designed not only to provide frameworks for gas rebates and cost estimation but also to facilitate inquiries regarding gas expenses and the generation of unique gas identifiers for users. With this initiative, ETHGas is pushing towards a vision of a more accessible “Gasless Future” for the entire cryptocurrency ecosystem.
