THERM
A fixed price per therm.
Deposit USDG, lock a gas rate today, and let a paymaster cover every transaction you send on Robinhood Chain — at that rate, no matter what the base fee does next.
Gas subsidy ends in
Tue, 29 Sep 2026 00:00 UTC
01The problem
Gas is cheap until the moment you need it.
23×
Base fee vs. its floor
At its peak, the Robinhood Chain base fee reached twenty-three times its 0.1 gwei floor.
$4.45M
Paid in gas on Sept 2
One day of heavy trading. Every transaction paid whatever the base fee was at that second.
Sept 29
Gas subsidy ends
After the subsidy, every spike lands in full on whoever is transacting at that moment.
Base fees on Robinhood Chain are set by demand, and demand arrives all at once: earnings, a listing, a sharp open. The busiest minutes to trade are the most expensive minutes to transact, and until now a subsidy has quietly absorbed much of that cost.
When the subsidy ends on September 29, users will pay the spot base fee for every transaction, at whatever price the chain is charging in that second. Therm lets you buy gas before you need it, at a price you know, and hands the volatility to a pool that is built to carry it.
02How it works
Three steps. One of them is yours.
- 01
Deposit USDG and lock a rate
Buy a pass. Your USDG becomes therms — one therm is 100,000 gas — at a rate quoted in gwei per therm. That rate is fixed at purchase and never re-priced.
- 02
Trade normally. A paymaster covers gas and burns therms
Send transactions the way you already do. An ERC-4337 paymaster pays the network fee and burns the matching therms from your balance. No ETH top-ups, no failed transactions for lack of gas.
- 03
The pool holds the ETH and absorbs every spike
Pass proceeds are held as ETH in the Therm pool. When the base fee spikes, the pool pays the difference. $THRM stakers backstop the pool as first-loss capital and earn the spread in calm periods.
03For protocols
Pay your users' gas. Know the bill in advance.
Buy therms in bulk and assign them to a sponsorship policy. The Therm paymaster then covers gas for your users on the contracts you choose, so a new user can place a first trade before they have ever held ETH. You fix your gas budget in USDG at purchase, you set per-user limits, and a spike on launch day costs you nothing extra: the pool absorbs it.
Bulk therms
One pass, any size, priced on the same public curve as everyone else.
Gasless onboarding
Users sign, the paymaster pays. No faucet, no bridging ETH first.
Policy controls
Allowlist your contracts, cap therms per user per hour, pause any time.
04The token
$THRM
Not launched yet.
$THRM is the token behind the Therm pool. It has not been issued, there is no contract address, and there is no presale. Supply, allocation and launch date will be published on the project's X account first.
Backstop
Staked $THRM is first-loss capital. Stakers earn the spread between locked rates and the realised base fee, and absorb losses when a spike runs long.
Buy & burn
Half of the 3% premium on every pass buys $THRM on the open market and burns it. No mint function after issuance.
Governance
Holders will set the premium, the quote curve, the hourly cap and the sponsorship allowlist, on a schedule published before launch.
- Status
- Not launched
- Contract
- Not deployed
- Announcements
- x.com/ThermRH (opens in a new tab)
Until it is announced on @ThermRH, any token calling itself $THRM is not ours. Therm will never DM you a contract address or ask you to send funds.
05Live numbers
The pool, right now.
Simulated preview. Contracts are not deployed yet, so these figures come from the same market simulator that runs the demo, updating every five seconds.
Pool coverage ratio
3.04×
Pool ETH ÷ outstanding therms at spot
Therms outstanding
16.01M
1.6T gas prepaid
Current quote
15,851gwei/therm
Rate you would lock right now
Base fee
0.132gwei
1.3× the 0.1 gwei floor