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What is the difference between Chi and gas token?

Just like GasToken, Chi is tokenized gas on the Ethereum network. The only difference is that Chi is used on 1inch and Curve, while GasToken is used across the entire Ethereum network. Buying (minting) Chi saves you 1% in comparison with minting GasToken (GST2). The selling (burning) of Chi saves you 10%, compared with GST2.

What is Chi gastoken?

The Chi Gastoken is an ERC20-standard token that is meant to be used on 1inch exchange to pay transaction costs. The idea is similar to the GasToken token concept but it has some improvements. Chi is pegged to the Ethereum network’s gas price. When the gas price is low, the Chi price is also low, and the opposite.

What are GAS tokens?

Gas tokens are an Ethereum ERC-20 token that allows users to tokenize gas on the Ethereum network, storing gas when it is cheap and using / deploying this gas when it is expensive. Using GasToken is particularly useful for scenarios of arbitraging decentralized exchanges or buying into ICOs early.

What is GST2 Chi gas token?

GST2 relies on the contract self-destruct mechanism, as well as the Chi-Gas. What are Chi Gas Tokens? Reducing the contract address size by mining a private key with Profanity address generator, which allowed to decrease size of the sub contracts by 1 byte.

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