MetaTransact dAppConnect allow users to pay Ethereum txn fee in ERC20 tokens
MetaTransact is a decentralised platform enabling anyone to send Ethereum tokens by paying transaction fee in tokens instead of Ether.
Anyone who transfers tokens on Ethereum blockchain needs ETH to pay the gas fee. Similarly, tokens on other blockchains face the same issue. This adds another step and friction for users to use blockchain.
MetaTransact solves the transaction fee issue by allowing users to pay a wide variety of tokens as a transaction fee. This adds significant value on how transactions have been done on the blockchain. MetaTransact is a decentralised protocol with a relayer that deploys user transaction on blockchain. MetaTransact relayer acts as a secondary miner which pays gas fee on user’s behalf and accepts tokens as incentive.
Crypto industry is working tirelessly to improve user experience and improve the onboarding process of new users into the ecosystem. Eliminating the friction during the onboarding and transaction will simplify blockchain transactions.