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Whether it’s a liquidation tragedy, FOMO madness, or a hilarious miss—you name it.
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📌 Notes
Hashtag #MyCryptoFunnyMoment is requi
Vitalik recently put forward a pretty interesting idea—the Ethereum ecosystem needs a reliable on-chain gas futures market.
He mentioned that we could refer to a prediction market mechanism based on BASEFEE. Simply put, while transaction fees are indeed cheap right now, no one can say for sure what will happen in the next couple of years, right? Especially with BAL, ePBS, and all those ZK-EVM technologies rolling out one after another—will gas fees really stay this low? No one dares to guarantee that.
So, Vitalik thinks that if there could be an on-chain gas futures market, everyone would be able to lock in their future transaction costs in advance, or at least have a market-based reference for future fee trends. This way, whether you’re a developer or a user, you’d have a better sense of what to expect—should you stock up on gas or hold off? The market will provide the answer.
This proposal is actually quite practical. After all, on-chain transaction fees are extremely volatile. Sometimes, a hot NFT or DeFi protocol launches and gas fees shoot through the roof. If a futures market like this could really be built, it would definitely be a big improvement for the predictability of the entire ecosystem.