Gas DAO’s purpose is simple: to be the voice of the Ethereum network’s active users through on and off-chain governance, launched as a decentralized autonomous organization with a free and fair initial distribution 100x bigger than the original DAO.
Gas DAO is airdropping 500.000.000.000 GAS (55% of the total supply) to 634.429 eligible wallets according to the following formula rewarding network usage based on a snapshot ending at block 13880000 (December 26th, 2021):
- Minimum of $1.559 USD spent on transaction fees
- Allocation is proportional to .1 * min(eth, 7.6) + .8 * min(usd, 105000) + .1 * min(tx count, 745)
Please note: Since you should always be careful when connecting to an app or site, you should read our blog article on the subject.