diff --git a/pkg/ticker/ticker.go b/pkg/ticker/ticker.go
index 2a5a7edff1..0272f87593 100644
--- a/pkg/ticker/ticker.go
+++ b/pkg/ticker/ticker.go
@@ -66,7 +66,7 @@ type Opt func(*Ticker)
 // WithLogger sets the logger for the Ticker.
 func WithLogger(log zerolog.Logger, name string) Opt {
 	return func(t *Ticker) {
-		t.logger = log.With().Str("ticker_name", name).Logger()
+		t.logger = log.With().Str("ticker.name", name).Logger()
 	}
 }
 
@@ -82,6 +82,7 @@ func New(interval time.Duration, task Task, opts ...Opt) *Ticker {
 	t := &Ticker{
 		interval: interval,
 		task:     task,
+		logger:   zerolog.Nop(),
 	}
 
 	for _, opt := range opts {
@@ -162,6 +163,11 @@ func (t *Ticker) SetInterval(interval time.Duration) {
 		return
 	}
 
+	t.logger.Info().
+		Dur("ticker.old_interval", t.interval).
+		Dur("ticker.new_interval", interval).
+		Msg("Changing interval")
+
 	t.interval = interval
 	t.ticker.Reset(interval)
 }
diff --git a/zetaclient/chains/ton/config.go b/zetaclient/chains/ton/config.go
index 731287756e..b0fc9906a2 100644
--- a/zetaclient/chains/ton/config.go
+++ b/zetaclient/chains/ton/config.go
@@ -7,7 +7,10 @@ import (
 	"net/url"
 	"time"
 
+	"github.com/pkg/errors"
 	"github.com/tonkeeper/tongo/config"
+	"github.com/tonkeeper/tongo/liteapi"
+	"github.com/tonkeeper/tongo/tlb"
 )
 
 type GlobalConfigurationFile = config.GlobalConfigurationFile
@@ -52,3 +55,51 @@ func ConfigFromSource(ctx context.Context, urlOrPath string) (*GlobalConfigurati
 
 	return ConfigFromPath(urlOrPath)
 }
+
+// ConfigGetter represents LiteAPI config getter.
+type ConfigGetter interface {
+	GetConfigParams(ctx context.Context, mode liteapi.ConfigMode, params []uint32) (tlb.ConfigParams, error)
+}
+
+// FetchGasConfig fetches gas price from the config.
+func FetchGasConfig(ctx context.Context, getter ConfigGetter) (tlb.GasLimitsPrices, error) {
+	// https://docs.ton.org/develop/howto/blockchain-configs
+	// https://tonviewer.com/config#21
+	const configKeyGas = 21
+
+	response, err := getter.GetConfigParams(ctx, 0, []uint32{configKeyGas})
+	if err != nil {
+		return tlb.GasLimitsPrices{}, errors.Wrap(err, "failed to get config params")
+	}
+
+	ref, ok := response.Config.Get(configKeyGas)
+	if !ok {
+		return tlb.GasLimitsPrices{}, errors.Errorf("config key %d not found", configKeyGas)
+	}
+
+	var cfg tlb.ConfigParam21
+	if err = tlb.Unmarshal(&ref.Value, &cfg); err != nil {
+		return tlb.GasLimitsPrices{}, errors.Wrap(err, "failed to unmarshal config param")
+	}
+
+	return cfg.GasLimitsPrices, nil
+}
+
+// ParseGasPrice parses gas price from the config and returns price in tons per 1 gas unit.
+func ParseGasPrice(cfg tlb.GasLimitsPrices) (uint64, error) {
+	// from TON docs: gas_price: This parameter reflects
+	// the price of gas in the network, in nano tons per 65536 gas units (2^16).
+	switch cfg.SumType {
+	case "GasPrices":
+		return cfg.GasPrices.GasPrice >> 16, nil
+	case "GasPricesExt":
+		return cfg.GasPricesExt.GasPrice >> 16, nil
+	case "GasFlatPfx":
+		if cfg.GasFlatPfx.Other == nil {
+			return 0, errors.New("GasFlatPfx.Other is nil")
+		}
+		return ParseGasPrice(*cfg.GasFlatPfx.Other)
+	default:
+		return 0, errors.Errorf("unknown SumType: %q", cfg.SumType)
+	}
+}
diff --git a/zetaclient/chains/ton/liteapi/client_live_test.go b/zetaclient/chains/ton/liteapi/client_live_test.go
index 5ee22da113..f77f08420b 100644
--- a/zetaclient/chains/ton/liteapi/client_live_test.go
+++ b/zetaclient/chains/ton/liteapi/client_live_test.go
@@ -8,12 +8,15 @@ import (
 	"testing"
 	"time"
 
+	"cosmossdk.io/math"
 	"github.com/stretchr/testify/assert"
 	"github.com/stretchr/testify/require"
 	"github.com/tonkeeper/tongo/config"
 	"github.com/tonkeeper/tongo/liteapi"
 	"github.com/tonkeeper/tongo/tlb"
 	"github.com/tonkeeper/tongo/ton"
+	toncontracts "github.com/zeta-chain/node/pkg/contracts/ton"
+	zetaton "github.com/zeta-chain/node/zetaclient/chains/ton"
 	"github.com/zeta-chain/node/zetaclient/common"
 )
 
@@ -164,6 +167,27 @@ func TestClient(t *testing.T) {
 
 		t.Logf("Masterchain block #%d is generated at %q (%s ago)", block.SeqNo, blockTime, since.String())
 	})
+
+	t.Run("GetGasConfig", func(t *testing.T) {
+		// ACT #1
+		gas, err := zetaton.FetchGasConfig(ctx, client)
+
+		// ASSERT #1
+		require.NoError(t, err)
+		require.NotEmpty(t, gas)
+
+		// ACT #2
+		gasPrice, err := zetaton.ParseGasPrice(gas)
+
+		// ASSERT #2
+		require.NoError(t, err)
+		require.NotEmpty(t, gasPrice)
+
+		gasPricePer1000 := math.NewUint(1000 * gasPrice)
+
+		t.Logf("Gas cost: %s per 1000 gas", toncontracts.FormatCoins(gasPricePer1000))
+		t.Logf("Compare with https://tonwhales.com/explorer/network")
+	})
 }
 
 func mustCreateClient(t *testing.T) *liteapi.Client {
diff --git a/zetaclient/chains/ton/observer/observer.go b/zetaclient/chains/ton/observer/observer.go
index b1ade8ac6c..99d9ff299c 100644
--- a/zetaclient/chains/ton/observer/observer.go
+++ b/zetaclient/chains/ton/observer/observer.go
@@ -16,6 +16,7 @@ import (
 	"github.com/zeta-chain/node/x/crosschain/types"
 	"github.com/zeta-chain/node/zetaclient/chains/base"
 	"github.com/zeta-chain/node/zetaclient/chains/interfaces"
+	zetaton "github.com/zeta-chain/node/zetaclient/chains/ton"
 	"github.com/zeta-chain/node/zetaclient/common"
 )
 
@@ -28,9 +29,11 @@ type Observer struct {
 }
 
 // LiteClient represents a TON client
+// see https://github.com/ton-blockchain/ton/blob/master/tl/generate/scheme/tonlib_api.tl
 //
 //go:generate mockery --name LiteClient --filename ton_liteclient.go --case underscore --output ../../../testutils/mocks
 type LiteClient interface {
+	zetaton.ConfigGetter
 	GetMasterchainInfo(ctx context.Context) (liteclient.LiteServerMasterchainInfoC, error)
 	GetBlockHeader(ctx context.Context, blockID ton.BlockIDExt, mode uint32) (tlb.BlockInfo, error)
 	GetTransactionsSince(ctx context.Context, acc ton.AccountID, lt uint64, bits ton.Bits256) ([]ton.Transaction, error)
@@ -88,9 +91,54 @@ func (ob *Observer) VoteOutboundIfConfirmed(_ context.Context, _ *types.CrossCha
 }
 
 // watchGasPrice observes TON gas price and votes it to Zetacore.
-func (ob *Observer) watchGasPrice(_ context.Context) error {
-	// todo implement me
-	return nil
+func (ob *Observer) watchGasPrice(ctx context.Context) error {
+	task := func(ctx context.Context, t *ticker.Ticker) error {
+		if err := ob.postGasPrice(ctx); err != nil {
+			ob.Logger().GasPrice.Err(err).Msg("reportGasPrice error")
+		}
+
+		newInternal := ticker.SecondsFromUint64(ob.ChainParams().GasPriceTicker)
+		t.SetInterval(newInternal)
+
+		return nil
+	}
+
+	ob.Logger().GasPrice.Info().Msgf("WatchGasPrice started")
+
+	return ticker.Run(
+		ctx,
+		ticker.SecondsFromUint64(ob.ChainParams().GasPriceTicker),
+		task,
+		ticker.WithStopChan(ob.StopChannel()),
+		ticker.WithLogger(ob.Logger().GasPrice, "WatchGasPrice"),
+	)
+}
+
+// postGasPrice fetches on-chain gas config and reports it to Zetacore.
+func (ob *Observer) postGasPrice(ctx context.Context) error {
+	cfg, err := zetaton.FetchGasConfig(ctx, ob.client)
+	if err != nil {
+		return errors.Wrap(err, "failed to fetch gas config")
+	}
+
+	gasPrice, err := zetaton.ParseGasPrice(cfg)
+	if err != nil {
+		return errors.Wrap(err, "failed to parse gas price")
+	}
+
+	blockID, err := ob.getLatestMasterchainBlock(ctx)
+	if err != nil {
+		return errors.Wrap(err, "failed to get latest masterchain block")
+	}
+
+	// There's no concept of priority fee in TON
+	const priorityFee = 0
+
+	_, errVote := ob.
+		ZetacoreClient().
+		PostVoteGasPrice(ctx, ob.Chain(), gasPrice, priorityFee, uint64(blockID.Seqno))
+
+	return errVote
 }
 
 // watchRPCStatus observes TON RPC status.
@@ -114,20 +162,18 @@ func (ob *Observer) watchRPCStatus(ctx context.Context) error {
 
 // checkRPCStatus checks TON RPC status and alerts if necessary.
 func (ob *Observer) checkRPCStatus(ctx context.Context) error {
-	mc, err := ob.client.GetMasterchainInfo(ctx)
+	blockID, err := ob.getLatestMasterchainBlock(ctx)
 	if err != nil {
-		return errors.Wrap(err, "failed to get masterchain info")
+		return errors.Wrap(err, "failed to get latest masterchain block")
 	}
 
-	blockID := mc.Last
-
-	block, err := ob.client.GetBlockHeader(ctx, blockID.ToBlockIdExt(), 0)
+	block, err := ob.client.GetBlockHeader(ctx, blockID, 0)
 	if err != nil {
 		return errors.Wrap(err, "failed to get masterchain block header")
 	}
 
 	if block.NotMaster {
-		return errors.Errorf("block %q is not a master block", blockID.ToBlockIdExt().BlockID.String())
+		return errors.Errorf("block %q is not a master block", blockID.BlockID.String())
 	}
 
 	blockTime := time.Unix(int64(block.GenUtime), 0).UTC()
@@ -139,3 +185,12 @@ func (ob *Observer) checkRPCStatus(ctx context.Context) error {
 
 	return nil
 }
+
+func (ob *Observer) getLatestMasterchainBlock(ctx context.Context) (ton.BlockIDExt, error) {
+	mc, err := ob.client.GetMasterchainInfo(ctx)
+	if err != nil {
+		return ton.BlockIDExt{}, errors.Wrap(err, "failed to get masterchain info")
+	}
+
+	return mc.Last.ToBlockIdExt(), nil
+}
diff --git a/zetaclient/testutils/mocks/ton_liteclient.go b/zetaclient/testutils/mocks/ton_liteclient.go
index b5f028d984..1f73e4a54a 100644
--- a/zetaclient/testutils/mocks/ton_liteclient.go
+++ b/zetaclient/testutils/mocks/ton_liteclient.go
@@ -5,9 +5,11 @@ package mocks
 import (
 	context "context"
 
-	mock "github.com/stretchr/testify/mock"
+	liteapi "github.com/tonkeeper/tongo/liteapi"
 	liteclient "github.com/tonkeeper/tongo/liteclient"
 
+	mock "github.com/stretchr/testify/mock"
+
 	tlb "github.com/tonkeeper/tongo/tlb"
 
 	ton "github.com/tonkeeper/tongo/ton"
@@ -46,6 +48,34 @@ func (_m *LiteClient) GetBlockHeader(ctx context.Context, blockID ton.BlockIDExt
 	return r0, r1
 }
 
+// GetConfigParams provides a mock function with given fields: ctx, mode, params
+func (_m *LiteClient) GetConfigParams(ctx context.Context, mode liteapi.ConfigMode, params []uint32) (tlb.ConfigParams, error) {
+	ret := _m.Called(ctx, mode, params)
+
+	if len(ret) == 0 {
+		panic("no return value specified for GetConfigParams")
+	}
+
+	var r0 tlb.ConfigParams
+	var r1 error
+	if rf, ok := ret.Get(0).(func(context.Context, liteapi.ConfigMode, []uint32) (tlb.ConfigParams, error)); ok {
+		return rf(ctx, mode, params)
+	}
+	if rf, ok := ret.Get(0).(func(context.Context, liteapi.ConfigMode, []uint32) tlb.ConfigParams); ok {
+		r0 = rf(ctx, mode, params)
+	} else {
+		r0 = ret.Get(0).(tlb.ConfigParams)
+	}
+
+	if rf, ok := ret.Get(1).(func(context.Context, liteapi.ConfigMode, []uint32) error); ok {
+		r1 = rf(ctx, mode, params)
+	} else {
+		r1 = ret.Error(1)
+	}
+
+	return r0, r1
+}
+
 // GetFirstTransaction provides a mock function with given fields: ctx, id
 func (_m *LiteClient) GetFirstTransaction(ctx context.Context, id ton.AccountID) (*ton.Transaction, int, error) {
 	ret := _m.Called(ctx, id)