VITALIK BUTERIN PUSHES FOR TRUSTLESS GAS FUTURES MARKET

Summary from the TLDR Crypto newsletter

Vitalik Buterin has proposed a trustless onchain gas futures market that allows users to prepay for specific gas quantities in defined time intervals, but Flashbots strategist Hasu argued the market lacks a natural short side as many want to hedge gas exposure, but no one is long gas at scale. Buterin suggested the protocol itself could auction basefee claiming rights to move from long to neutral while users shift from short to neutral, though Gnosis co-founder Martin Koppelmann countered that Ethereum's burn mechanism eliminates validators as natural sellers who would otherwise hedge without significant risk premiums.