⛽Gasless Swaps

Overview

Gasless Swaps simplify trading by allowing users to pay gas fees using the transaction token itself, eliminating the need to hold additional TON or a secondary asset for transaction costs. This innovative feature reduces barriers to entry and makes decentralized trading more accessible for all users, especially newcomers.

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Key Benefits

1. Enhanced User Convenience

   • Traditional blockchain transactions often require users to maintain a balance of the network’s native token (e.g., TON) to cover gas fees.

   • Gasless Swaps remove this dependency, enabling users to execute trades seamlessly without needing to manage multiple assets.

2. Lower Onboarding Friction

   • For new users unfamiliar with blockchain gas mechanics, Gasless Swaps simplify the onboarding process.

   • By removing the requirement to acquire TON beforehand, users can trade directly with the tokens they want to use.

3. Improved Trading Focus

   • Ideal for traders who prefer focusing solely on token trading without the hassle of managing additional tokens for gas fees.

   • Reduces the complexity of executing trades, creating a smoother user experience.

4. Cost-Efficient Trading

   • Gasless Swaps optimize trading costs by incorporating gas fees into the transaction itself. This helps users better predict and manage expenses.

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How It Works

1. Transaction Token Deduction:

   • During a swap, the platform calculates the required gas fee in TON and converts it into an equivalent amount of the transaction token.

   • The corresponding token amount is deducted automatically, ensuring smooth execution.

2. Real-Time Conversion:

   • A built-in mechanism ensures accurate conversion rates for gas fees in real-time, minimizing the risk of overpayment.

3. Seamless Execution:

   • Gasless Swaps integrate directly into the DEX’s smart contract infrastructure, ensuring transactions remain non-custodial and secure.

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Use Cases

• First-Time Users:

  • Newcomers to DeFi who may not have TON in their wallets can start trading immediately without additional steps.

• Frequent Traders:

  • Active traders benefit from a streamlined process, allowing them to focus on market opportunities without interruptions.

• Cross-Chain Traders:

  • Users transferring assets from other blockchains may not have TON on hand but can still engage in swaps without delays.

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Future Improvements

• Fee Optimization:

  • Introduce AI-based optimization to ensure users always pay the lowest gas fees.

• Dynamic Gas Fee Support:

  • Expand support for other transaction fee payment options, such as stablecoins, in addition to the transaction token.