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Paymaster

ERC-4337, also referred to as Account Abstraction, introduces the innovative concept of Paymasters. These entities serve as specialized actors playing a pivotal role in revolutionizing the traditional gas payment mechanism within Ethereum Virtual Machine (EVM) transactions. Acting as intermediaries, Paymasters are authorized to cover gas fees on behalf of an account, contingent upon predefined conditions being satisfied. This shift in paradigm represents a significant advancement in the Ethereum ecosystem, promoting enhanced flexibility and efficiency in transaction processing.

Paymasters, functioning as smart contracts, facilitate transaction sponsorship, enabling third-party-designed mechanisms to handle transaction payments. With AbstraXn's Paymaster service, managing gas fees for your users becomes a seamless process. Revenue sharing: on a case-by-case basis depending on volumes, we do offer a split of the Paymaster fee revenue with selected Apps. Get in touch to learn more. In order to use the it, you must setup the paymaster on the dashboard and obtain the paymasterURL. AbstraXn paymaster supports two modes:

Sponsorship Paymaster​​

Sponsored Sponsorship mode allows you to pay gas on behalf of the users, by eliminating the need of native tokens to be paid by the users. Token Paymaster​

Token Paymaster​

ERC20 mode allows you to pay for the gas fees of your users in exchange for ERC-20 tokens. Check out the latest supported ERC-20 tokens. Learn how to utilize either of these Paymasters by checking out our How To Guide on Executing transactions In the following sections, we will more systematically introduce the following concepts: