OKX Launches AA Smart Wallet
OKX has announced the official launch of its highly anticipated AA Smart Contract Wallet. The groundbreaking wallet offers users the ability to create AA wallets on multiple blockchains, including Ethereum, OKTC, Polygon, Arb, Op, BNB, and Avalanche, promising an interconnected and seamless experience across diverse ecosystems.
🚨 Welcome to the AAvolution with #OKX Smart Account 🚨
Our #multichain wallet with EIP-4337 across 7 chains is here:
🔑 Improved UX with #AATech
⛽ Free daily gas up to 5 USDT
💱 One-click swap & more earning potential
💰 Pay gas with stablecoinsExperience today ⤵️
— OKX (@okx) August 2, 2023
AA Smart Contract Wallet
The AA Smart Contract Wallet is set to enhance user convenience and accessibility by supporting a wide array of blockchains, empowering users to manage their digital assets across various platforms efficiently. This multi-chain support is a significant milestone in the decentralized finance (DeFi) space, as it opens up a plethora of opportunities for users to explore and engage with a diverse range of blockchain projects.
A key highlight of the AA Smart Contract Wallet is its innovative approach to gas fees. Users often face challenges when it comes to managing gas fees, which can vary greatly depending on the blockchain they are using. OKX addresses this pain point by allowing users to pay gas fees using stablecoins such as USDT and USDC. This feature eliminates the need to hold native tokens for each supported blockchain solely for gas fees, streamlining the user experience and reducing complexity.
Gas Reduction
In addition, the wallet offers a remarkable gas reduction benefit. Users can avail themselves of one gas reduction per day, with a maximum reduction of 5U (5 USDT or an equivalent stablecoin). This incentive aims to alleviate the financial burden of gas fees, making it more cost-effective for users to execute transactions and participate in DeFi activities.
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