> For the complete documentation index, see [llms.txt](https://gaslockr.gitbook.io/gaslockr/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://gaslockr.gitbook.io/gaslockr/what-is-gaslockr.md).

# What is GasLockR?

## Gas Problems within Blockchains

> Despite being vital for decentralization and security, the gas mechanism also brings certain issues…

#### **Reliability**

In today's digital finance landscape, more than **90%** of all public blockchains have adopted some form of transaction fee mechanism. These models include the Ethereum Gas model, Bitcoin-style transaction fees, or other analogous methods designed to compensate for transactions or computational resources utilized. Furthermore, over **50%** of these blockchains are experiencing or have experienced significant fluctuations in transaction fees. Collectively, these blockchains represent more than **80%** of the total transaction volume across all public blockchains.

The unpredictable nature of gas prices has made it challenging for blockchain platforms to deliver a consistent and usable quality of service. Occasional surges in gas prices can render even Layer 2 solutions temporarily unusable, shaking the trust of users in the blockchain infrastructure.

#### Onboarding & UX

New users face a significant entry barrier as they need to possess tokens upfront to cover gas fees before they can engage in swaps or any other on-chain interactions. This initial requirement creates a chicken-and-egg paradox where users need funds to start an on-chain journey, considerably slowing down the onboarding process.

Also, users find themselves constantly having to monitor and select the right gas fees, turning every transaction into a cumbersome task.

<figure><img src="/files/sNhTnSEFnBZVbMfOc95L" alt=""><figcaption><p>Gas volatility in Ethereum</p></figcaption></figure>

## Our solution

GasLockR focuses on managing gas volatility, and is committed to resolving various issues related to transaction fees in the current blockchain landscape. It serves as the first trustless GasFi protocol using AI tech. By using the Adaptive Flat-Rate Pricing(AFP) Mechanism, it sets an fixed optimal price for gas within an upcoming expected volatile period. GasLockR is interoperable with other protocols, and can be used as foundational on-chain infrastructure to build protocols and services.

Our mission is to provide a reliable and user-friendly gas payment ecosystem. Built on top of the GasLockR protocol, we introduce anti-risk services such as insurance, reimbursement and subscription to mitigate the risk of excessive gas price fluctuations, lower the threshold of on-chain interactions for users, and create a better blockchain experience.
