PANews reported on October 16th that ETHGas has officially launched its second chapter, "The Great Gas Reckoning." Users can generate a personalized "Gas ID" and redeem their past on-chain gas expenditures for reward tokens called "Beans." Participation includes generating a Gas ID, claiming Bonus Beans based on gas expenditures, and completing more tasks by sharing on the X platform.
The Gas ID is a custom card that records a user's on-chain gas history, displaying total expenditures across various swap, mint, and burn operations. ETHGas states that linking more wallets will earn a higher "Gassy Level" and more rewards, unlocking up to 4,000 Bonus Beans. These rewards will be used to advance the "Gasless Future" ecosystem.

Federal Reserve Governor Stephen Miran argued that stablecoins’ potential multi-trillion dollar growth over the next five years will help push down interest rates. A growing demand for US dollar-tied crypto stablecoins could help push down the interest rate, says US Federal Reserve Governor Stephen Miran.The Donald Trump-appointed Miran told the BCVC summit in New York on Friday that the dollar-pegged crypto tokens could be “putting downward pressure” on the neutral rate, or r-star, that doesn’t stimulate or impede the economy.If the neutral rate drops, then the central bank would also react by dropping its interest rate, he said.Read more

