0x…dEaD. No key controls it. Tokens enter the black hole; the burn record persists.Ethereum has always been priced in gas. Every state transition consumes it; every block discards what was paid. GAS is a Uniswap v4 mechanism that takes the same primitive and writes it into supply.
A single hook governs all flow. Mint is a function of cumulative ETH committed:
s(e) = K · e / (e + T) K = 1,000,000,000 GAS (asymptotic cap) T = 155.900 ETH (elasticity, echoes 1559)
There are no liquidity providers. There is no AMM book. The curve is the price.
The mechanism breathes in 100-block epochs. Within each epoch, commits accumulate gas pressure; vents release it. When the epoch closes, the next opens with a fresh pressure window. The first epoch (genesis + 100 blocks) carries an entropy multiplier in 0.90–1.10× — early commits are rewarded for accepting variance.
per-commit cap (bootstrap, ≤100 blocks): 1.000 ETH per-commit cap (steady): 5.000 ETH cooldown (commit → vent, same wallet): 1 block curve fee (commits + vents): 0.1559% self-deprecation threshold: 99% of K
The 0.1559% fee is not protocol revenue. It is routed to 0x000…dEaD — the standard burn address Etherscan recognises. No key controls it. No contract logic moves tokens out. GAS that enters never leaves. The burn record persists for as long as Ethereum does.
When fair-mint supply crosses 99% of K, the curve self-deprecates. Commits revert with SelfDeprecatedNoBuys. Vents continue, drawing against remaining ETH reserves at the curve's reverse price. The mechanism halts itself. Nobody halts it.
GAS is not a project. It has no team page, no roadmap, no treasury. There is a contract, a curve, and a black hole. The hook is the protocol. The address is the proof.
blockspace is scarce. priced in gwei. ethereum remembers.