Gasless Operating Process
Last updated
Last updated
The user initiates a transaction to transfer some tokens without holding the native gas token for transaction fees.
A portion of the transaction fee is paid using the tokens being transferred. In this case, some tokens are converted to Kaon tokens.
This gasless mechanism acts as a universal means for transaction fee management, making it possible to conduct transactions across different chains without needing the native gas token. This can later be adapted to use a stablecoin for even more stability and predictability.
The system accounts for slippage up to three times (Slippage X3) to ensure the transaction’s success.
The gasless mechanism is designed to work across various blockchain networks, with Observers being introduced.