NERO will Introduce a Novel Paymaster Feature Allowing Gas Fees to Be Paid with Any Token, Launching with Mainnet in Late October
NERO, a global team originating from Japan, has over 60,000 users in its testnet phase. As a platinum sponsor at this year's WebX 2024, NERO—a collective of engineers renowned for developing various Layer-1 blockchain technologies—is set to launch its mainnet in late October, alongside an innovative new service: the AA Platform. This platform, which leverages the Paymaster function of Account Abstraction, allows for flexible selection of gas tokens within dApps, pioneering the concept of Token Gas Management.
The AA Platform features unique Paymaster functions, allowing developers to set various tokens or stablecoins as the transaction fees. This feature overcomes the limitations of current infrastructure providers, which restrict gas token selection and negatively impact even successful dApps. By contrast, building on NERO means building in a more flexible and democratic Fee-sharing Ecosystem. This allows applications to prosper by finding their first demand as utility, while also enhancing the demand and circulation of tokens, which fosters greater growth and onboarding of users.
What is the AA Platform Scheduled to Launch in Late September?
The AA Platform will be NERO's first flagship service, where this platform will enable ease for developers to accept tokens and stablecoins in their dApps and to adjust fees. This flexibility in fee mechanisms within the ecosystem is expected to enhance token liquidity and improve user friendliness.
This platform was developed to address the issue of volatile gas fees (service charges) that developers face when deploying dApps. This volatility affects both dApp providers and users.
In order to solve this problem, NERO offers the AA Platform for dApp development, allowing developers to select the tokens they want to use and adjust gas fees accordingly while providing services to users. The platform supports a variety of tokens, enabling communities to utilize and support their preferred tokens and manage token usage more effectively.
NERO will be hosting business seminars on how to use the AA Platform from late August to October. If you're interested, you can reserve your spot in advance here.
𝕏: https://twitter.com/nerochain_io (Global), https://x.com/nerochain_jp (Japan)
Telegram: https://t.me/NerochainOfficial
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