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Gasless transfer/stake/unstake #47
Description
Many beginners don't have ETH for gas fees. That's a challenge commonly known as the barrier to entry for blockchains (especially Ethereum).
Smart contracts that support meta-transactions (ethereum/EIPs#1776) allow users to interact with the contract by simply signing them in their wallets.
DEV tokens are already deployed and have no upgradability, so creating a paired token to support meta-transactions. For example, MDEV.
- MDEV is designed to be converted with DEV on a 1:1 basis, and MDEV can achieve gasless transfers with functions like
metaTransfer. - Staking and unstaking could be made gasless by having the Lockup contract support meta-transactions.
MDEV implementations will not be built into the protocol core because meta-transactions require an off-chain server.
Activity
Cold-A-Muse commentedon Feb 3, 2021
This is an great idea and will definitely help smaller players to support the OSS they like
kazu80 commentedon Feb 3, 2021
I think it's a great idea too.
A little thing care is that users are confused when there are two, MDEV and DEV. I have question is, will users buy MDEV when it come out? I hope MDEV will be used in backend
aggre commentedon Feb 3, 2021
@kazu80 Users can buy MDEV, but they can convert 1:1 with DEV. So, buying MDEV is synonymous with buying DEV. Someone with a DEV can use the same number of MDEV through a converter.