⛽Gas Point (gasPoint)
The Gas points (aka gasPoint) are inspired by Blast L2 infrastructure, which allows users to claim the gas they spent with the contract. Gas points reflect the gas users exclusively spent on Crossdev. The Gas Point is calculated based on the sequencer fees that users participate with the Crossdev smart contract but excludes the other gas that Crossdev’s smart contract spent on the other nested contract.
Example of gas calculation:
Crossdev Smart Contract (25,000 gas)
Crossdev Router (15,000 gas)
3rd party Router (10,000 gas)
In this case, the gasPoint will be calculated based on the gas spent on Crossdev’s contracts, which is 25,000 + 15,000 = 40,000 Gas. This total will be counted and calculated to the total gasPoint for individual users.
Gas Point Distribution
After calculating gas spent on Crossdev, the system will distribute gasPoint to individual users. Each user will earn a gasPoint after the transaction is made. The gasPoint is reflected in the current claimable amount of gas that the users spent. The gasPoint will be displayed on the status bar for individuals to manage. Users can make their own choice whether they want to keep and accumulate the gasPoint or claim it as ETH at their own will.
Gas Point Increment
GasPoints earned from Crossdev will be incremented for 30 days after they are received. The gasPoint maximum incremental is up to 200% after the gasPoint is received. In case the users redeem gasPoint before 30 days, the incremental will be calculated based on the duration between the day gasPoint is received to the redeemed date.
Redeem Gas Point
Users can convert gasPoint earned from Crossdev to ETH that they spent on Crossdev. To determine the amount of ETH earned from gasPoint redeemed, you must multiply the gasPoint with the gas price.
Gas Point and its future possibility
With the gasPoint model, this could lead to a great opportunity to utilize other Blast native features such as native yield for patching the demands of gas rebates, etc. For example, if high transactions are happening on Crossdev, Crossdev will open the staking pool that allows other users who have ETH to stake in this pool to earn extra rewards for gas rebates besides the native yield that they earn.
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