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CoinJournal learned from a press release that Ambire, the first safe and smart open source non-storage wallet with a focus on ease of use, has launched an Ambire gas tank that helps users save significant money.
With this new feature, Ambire Wallet users will be able to save on transaction fees and cash back paid with ERC-20 tokens or stablecoins.
This is possible because Ambire can now be used as a smart wallet. An ambitious startup team developed it as part of their vision of bringing usability and flexibility to the web3 crypto scene.
The gas tank is the same as the prepaid mechanism. We make a deposit of network charges in advance, but only once. A dedicated page makes depositing and activating Ambire gas tanks easy and intuitive.
Users of Ambire Gas Tank can pay network charges with stablecoins such as USD Coin, Tether and DAI. This payment form will help you save most of your money.
In fact, Web3 users can save hundreds of dollars in gas bills by combining this with Ambitre Wallet’s unique batch processing capabilities. This involves performing multiple operations in a single transaction.
The gas tank is based on meta-transaction technology. One user signs these transactions and another pays (relays) them. The second user cannot change the transaction. Gas tanks support different tokens on many networks.
The depositing user prepays future charges and the relay pays the transaction gas token or ether. In this way, users can earn cash back and save unnecessary gas charges for replacement.
