Gate News message, April 15 — Ether.fi, an Ethereum liquid restaking protocol, announced it will provide $3 billion worth of ETH as validator liquidity to ETHGas over the next three years, sourced from its 2.8 million staked ETH under management. ETHGas is an Ethereum block space futures market that allows users to purchase block space in advance for guaranteed transaction execution.
The initiative aims to boost validator earnings by enabling them to sell block space commitments, capture more maximal extractable value (MEV), and achieve higher, more predictable returns.
ETHGas has secured backing from Polychain Capital and other investors, and launched its governance token GWEI, currently valued at approximately $120 million. Ether.fi's native token ETHFI has a market cap of around $332 million. The move is expected to provide developers and enterprises with more predictable transaction costs and execution times, advancing Ethereum's role as a global institutional capital settlement layer.