# Key Functionality

The Eagle Project defines an ERC-20 token which allows its holders to vote on their desired value for Ethereum's Gas Limit (`desiredEgl`), and incentivizes pools to follow their collaborative decision.

The key functions of the EGL smart contract are:

1. Allowing EGL holders to vote on their desired gas limit.
2. Weekly tally, which gradually adjusts `desiredEgl`.
3. Awarding pools with EGLs when they mine blocks following the vote, adjusted according to how closely they match `desiredEgl`.
4. Creating an ETH-EGL market, to ensure pools are immediately incentivized to follow the EGL vote.

{% embed url="<https://eglvote.medium.com/egl-economics-6f1cbf39e5b6>" %}


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