GAS Factory was created in response to the shortcomings of the $XEN project. GAS is 100% transparent with nothing to hide. Minters own $GAS and the contract cannot be changed or manipulated by anyone. As of Oct 30th, 2022, any wallet can make a daily $GAS claim, and the amount of the claim drops according to a hyperbolic function.
Our smart contract can be found here: 0xDf3aD440135B1880d40C78DdE59631293Da1dC2e
$GAS uses a hyperbolic function where the claimable amount drops daily, and it drops the most in the earliest days of minting to ensure upward pressure on the value while reducing the amount bots can farm after launch.
Our founders are the people who mint early and mint often. The dev team is releasing this token into the wild, it's up to the minters to decide what it becomes. DEX listings can be created and maintained by anyone. The contract is immutable and everyone has the same chances to get coins.
No waiting, and no secondary gas fees. Activate the mint function from this page or through the smart contract on etherscan, get your coins instantly, and return 24 hours later to mint again. It's that simple.
No supply cap, no gas war, can be mined for up to 200 years, and there's a 24-hour window on each claim. The amount to mint per day will go down over time, drastically at first, and eventually trickling to 2 coins per day, to 1 per day, to 0.
Supply of GAS is dictated by a time-based hyperbolic algorithm. There's no race and no need to push gas prices up for everyone. Everyone who mints within 24hrs of launch will be able to claim the largest daily amount of tokens.
$GAS will be launched on the ETHEREUM CHAIN ONLY, leaving no confusion about price differentials between similar contracts on wildly different blockchains. The community of minters is encouraged to set up wrapped tokens on other chains if they think it is necessary or helpful.
The fast reduction of our algorithm ensures that as demand increases, the supply available quickly settles to a sustainable level. We hope this will maintain upward pressure on the value through the crucial first months of adoption and still provide a healthy supply over the lifetime of the token.
(73000 / (days since launch + 1))
The +1 normalizes for day 0. Over time, the amount a wallet will be able to claim will gradually dwindle, but it will take it 200 years to reach 0.
Day 1: 73,000 tokens per day
Day 2: 36,500 tokens per day
Day 3: 24,333 tokens per day
Day 4: 18,250 tokens per day
Day 5: 14,600 tokens per day
Day 10: 7,300 tokens per day
Day 30: 2,433 tokens per day
Day 60: 1,216 tokens per day
Day 100: 730 tokens per day
Day 365: 200 tokens per day
Day 730: 100 tokens per day
4 Years: 50 tokens per day
10 Years: 20 tokens per day
After 100 Years: 1 token per day
0 tokens after 200 years
GAS is an ERC20 coin that lives on Ethereum Blockchain.
Smart contracts are code that runs on a parent blockchain, but do their own thing. They are used for making new coins that run on the parent blockchain rather than their own separate blockchain. They are also used for NFTs and other purposes.
After coins are added to your wallet, you can trade them with other people, use them for DeFi apps, or any other utility that is built around the coin itself. They can also be traded on Decentralized Exchanges such as UniSwap.
Decentralized Finance is a system of coins and applications that allow you to borrow, rent, or trade without a centralized middle-man, such as a bank. People can trade coins trustlessly and effortlessly on DeFi exchanges simply by finding a coin they would like to swap for and sending a transaction. You can also add to liquidity pools and earn a percentage when other people trade coins.
Yes. Gas was listed on UniSwap a few hours after minting started, and can be traded there for SHIB. Since it’s a new coin you may have to copy the smart contract address to find it, and then you can exchange it immediately for SHIB coin. More pairs will be available in the future as well.
Yes. To trade coins, just like anything else on Ethereum Blockchain, there is a transaction fee that must be paid with the blockchain’s parent currency, ETH.
There is an ETH “gas fee” to mint $GAS. You can minimize this cost by minting when the network isn’t busy and fees are low. As the number you can mint per day goes down, the gas fee for the transaction stays the same. At certain times it may be cheaper to swap another token, like SHIB, for $GAS on an exchange.
We’ve provided a button next to the mint button that will tell your wallet where it can find the necessary information on $GAS and add it to your ASSETS tab easily. There is also an option to “Import Tokens” or “Import Coins” on most wallets, and you can enter the smart contract address, the name of the coin (GAS), and the number of decimals, which is 18 for $GAS.