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Gas Sponsorship with Paymaster

Introduction​

Having the native tokens of a blockchain is crucial for users who want to engage with a decentralized application. When sending a transaction on the Ethereum network, it is necessary to possess Ether to cover the costs of gas fees. Consequently, newcomers are required to buy these cryptocurrency tokens before they can commence using a dApp. This is a significant obstacle for bringing new users onboard.

Use cases of Gasless Transactions​

There's this thing called Paymaster-as-a-service. Basically, W3Smart Wallet provides a way for users to pay their transaction fees with erc-20 tokens, which is pretty cool.

But you know what would be even cooler? If dApps hooked up with a legit Paymaster service that can handle all the risky business of checking each wallet and transaction before footing the GAS fee. That way, they can focus on what they do best, and leave the heavy lifting to the pros. Makes sense, right?

Check out our paymaster contract addresses here and how to use erc-20 tokens as gas fee in our wallet here.

How does Paymaster work?​

Paymaster is a special entity that can sponsor gas for an account if their conditions are met. This allows account holders to pay for transaction fees in many different ways without resorting to custodial solutions.

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W3Smart Wallet incorporates a Paymaster-enabled gas sponsorship feature that enables users to execute transactions without having to own or know about native tokens. To completely understand Paymaster in ERC-4337, please refer to this document.

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Summary​

Gasless transactions with account abstraction are gonna be a game-changer for all you newbies out there. With this sweet feature, you won't have to worry about no stinking gas fees any more!

But hey, don't stop there! There's tons of other cool features you can explore with W3Smart Wallet. So get out there and start checking them out!