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ZEC $1,166.94 -1.56%

Instadapp has launched the smart contract wallet Avocado with built-in account abstraction features, which allows Gas fees to be paid in USDC

2023-03-10 09:07:23

ChainCatcher news, multi-chain DeFi management platform Instadapp has launched the smart contract wallet Avocado.

In addition to having built-in account abstraction features, the Avocado wallet also connects to the Avocado network, which has its own remote procedure call (RPC) nodes, allowing the network to read on-chain data and send transactions to different blockchains. This means that once the wallet is connected to the Avocado network, the network will automatically create a wallet address linked to an external wallet, allowing any tokens supported on-chain to be sent and received through the network wallet.

Additionally, gas fees are not paid by users in the native currency of a particular chain (such as ETH), but are paid in USDC. (Source link)

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