Hasu, strategic advisor of Lido and strategic director of Flashbots, commented on the idea of Vitalik calling for the establishment of an on-chain Gas futures market, saying that the market lacks natural bears: a large number of users are themselves exposed to Gas costs (short) and want to hedge, but few people in the market are willing to do Gas long, so liquidity may not be sufficient to form a meaningful market size.
In this regard, Vitalik proposed that the protocol itself act as a market short, that is, through on-chain auctions of future base fee usage rights (which can be advanced to 2 years). Although Hasu questioned the incentive effectiveness of the model, Vitalik explained that users or application developers will go from "natural gas short" to "neutral" after pre-purchasing Gas; at the same time, the protocol is naturally in "long" speculation due to the burning of base fees, and this part can be achieved through pre-sale.
Hasu commented on Vitalik's idea of gas futures market on the chain: weak willingness to go long, or insufficient liquidity and difficult to form scale
2025-12-07 05:22:52
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Hasu评论Vitalik链上Gas期货市场想法：做多意愿较弱，或致流动性不足且难以形成规模Next article：
Meme币DOYR榜一上线数分钟内建仓，现浮盈19.3万美元
