Kaon
  • INTRODUCTION
    • What is Kaon?
    • Why Kaon?
    • Who Should Use Kaon?
    • Who Should Build On Kaon?
    • How Does it Work?
    • Terminology
  • QUICKSTART
    • Getting Started
    • 5-Minute Setup
    • Hello KAON!
  • CORE CONCEPTS
    • Fundamentals Overview
      • Unifying Bitcoin and Ethereum(EVM)
    • Cross-Chain Interactions
      • Bridge-less Token Transfers
      • Oracle-less Cross-chain Message
      • Cross-Chain Transaction Management
      • Gasless Operating Process
      • Bridge-less ERC cross-chain Transfers
    • BTC Transaction Lifecycle
      • BTC Locking and Mirroring
      • BTC Withdrawal
    • EVM Integrations
      • mirrorBTC and EVM Interactions
      • mirrorBTC Transfer To EVM Chain
      • Restore mirrorBTC From Wrap Process
      • Metamask and other Offchain EVM Wallets Support
    • Consensus Mechanisms
      • Kaon Chain Consensus (dPoS)
      • Cross-Chain BFT Consensus
      • Slashing Incidence Process
    • Key Innovations
  • NETWORK & TOOLS
    • Kaon Testnet
    • Kaon CLI
    • Network and Tools
  • GUIDES & TUTORIALS
    • Creating a Time-Locked Bitcoin Vault
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  1. CORE CONCEPTS
  2. Cross-Chain Interactions

Gasless Operating Process

PreviousCross-Chain Transaction ManagementNextBridge-less ERC cross-chain Transfers

Last updated 6 months ago

  1. The user initiates a transaction to transfer some tokens without holding the native gas token for transaction fees.

  2. A portion of the transaction fee is paid using the tokens being transferred. In this case, some tokens are converted to Kaon tokens.

  3. 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.

  4. 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.