# Ethereum's EIP-8488 Draft Would Give New Contracts a Separate Gas Schedule

By Simon Yoon

Canonical URL: https://www.tokenpost.com/news/technology/52610
Published: 2026-11-09T22:48:43.000Z
Updated: 2026-11-09T22:48:43.000Z
Section: Technology

> The open draft uses V2 opcodes for new contracts after activation, while existing contracts keep the legacy schedule.

A draft Ethereum proposal would let newly deployed smart contracts use a revised gas schedule while preserving the legacy schedule for existing contracts, allowing future repricing without changing already deployed contracts.

After activation, newly deployed contracts would use a V2 opcode set priced under EIP-8037 and EIP-8038. The draft excludes the GAS and GASLIMIT opcodes; a deployment that includes either would revert.

The proposal also introduces DELEGATECALL_V2. It would fail immediately if the target contract’s code_version is below 2.

EIP-8488 remains open for review and has not changed Ethereum’s rules. Its design aims to allow future changes to gas costs without disrupting contracts already on the network.