bitcoin
bitcoin

$97309.89 USD 

0.26%

ethereum
ethereum

$3288.22 USD 

-1.67%

tether
tether

$1.00 USD 

0.06%

solana
solana

$253.12 USD 

0.53%

bnb
bnb

$618.67 USD 

-0.96%

xrp
xrp

$1.43 USD 

26.57%

dogecoin
dogecoin

$0.394323 USD 

1.68%

usd-coin
usd-coin

$0.999985 USD 

0.02%

cardano
cardano

$0.895343 USD 

13.29%

tron
tron

$0.198146 USD 

-0.78%

avalanche
avalanche

$38.15 USD 

7.99%

shiba-inu
shiba-inu

$0.000024 USD 

-1.47%

toncoin
toncoin

$5.43 USD 

-1.41%

sui
sui

$3.49 USD 

-2.51%

chainlink
chainlink

$15.01 USD 

-0.93%

Cryptocurrency News Articles

Starknet Unveils Plan to Eradicate Gas Fees, STRK Token Surges

Jul 23, 2024 at 08:10 pm

The Starknet team outlined a detailed plan to eliminate gas fees in an X post, and the STRK token soared on the news.

Starknet Unveils Plan to Eradicate Gas Fees, STRK Token Surges

Starknet is set to integrate Paymaster, a crucial component of the AVNU decentralized exchange protocol. This integration will enable users of Starknet dApps to pay gas fees in a variety of stablecoins and other tokens.

Currently, gas fees on Starknet can only be paid in the native STRK token or ether. However, with Paymaster, users will be able to choose from a wider range of tokens, including USDC, USDT, EKUBO, ZEND, LORDS, SWAY, and NSTR. More tokens will be added in the future.

This integration is designed to simplify gas fee payments for Starknet users, making it easier and more convenient to use dApps on the network.

Starknet also plans to build a protocol-level Paymaster on Starknet, but the timeline for this integration has not yet been determined.

Once integrated, Paymaster will combine with Starknet's symbolic gas fees to effectively eliminate gas fees for dApp use. Instead, gas fees will be subsidized by the dApp projects for their users.

News source:www.banklesstimes.com

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Nov 22, 2024