16 December, 2021
METAB is a multichain relayer protocol that aims to improve the user onboarding and transaction experience on decentralized applications. The project’s declared goal is to make web3 products as intuitive and easy to use as web2 products. METAB offers an infrastructure to solve several web3 bottlenecks:
Protocols can onboard users without paying gas fees.
Users can pay gas in an BEP-20 token of their choice.
Users avoid blockchain complexities like a change of network.
Transactions are confirmed much faster.
In short, METAB focuses on transaction
management and gas optimization and can reduce gas costs by up to 30%. To achieve that, the protocol utilizes meta transactions, allowing users to submit a transaction with zero gas and having a third party pay for the transaction fees for the user. By providing a non-custodial and gas-efficient relayer infrastructure network.
METAB offers a unique solution to a common problem in the blockchain space. For several reasons, interactions with decentralized applications are nowhere near as seamless as for web2 applications. For instance, web3 applications require gas fees, but there is no equivalent of paying a usage fee for web2 applications. Gas fees on the Binance Smart Chain network are always paid in BNB (BEP-20), although users may not want to spend their BNB. Moreover, onboarding new users can be complex due to the required proficiency in using web wallets, signing transactions, and understanding the intricacies of gas.
METAB is a cross-chain DeFi wallet built for Web3. With METAB, you can manage your assets quickly and easily across Ethereum, BSC, Polygon, OKExChain, …