šMetaMask launches new feature "Gas Station", allowing users to pay gas fees with multiple tokens
Great news in the crypto circle! MetaMask recently launched a new feature that allows users to pay gas fees with ERC-20 tokens, without having to buy ETH specifically, simplifying the transaction process, lowering the threshold, and improving convenience.
On February 5, MetaMask posted on X to announce a new feature called "Gas Station". This feature allows users to use multiple tokens to pay gas fees when performing MetaMask Swap smart transactions, eliminating the tedious steps of purchasing additional ETH in the past.
This new feature of MetaMask supports paying gas fees with tokens such as USDT, USDC, DAI, and ETH. When your ETH is not enough to pay the gas fee, you no longer need to buy ETH separately, which greatly simplifies the operation. The system also directly incorporates network fees into the quotation, making the trading experience smoother and more convenient.
The update has been launched on the MetaMask extension of the Ethereum mainnet, and the mobile version will be launched soon. The highlight is that it still provides the function of finding the best exchange rate from multiple liquidity providers, ensuring that users get a very competitive price.
Just as the MetaMask function was updated, the Ethereum network also had good news. Recently, the validator approved a major upgrade to Ethereum's gas limit, which was 30 million units before and will now soar to the planned maximum of 36 million units.
As of February 5, on-chain data showed that Ethereum's average gas limit reached 35.6 million units. This is the first adjustment after Ethereum switched to proof of stake (PoS) and the largest change since 2021.
The Ethereum network gas limit increased from 15 million to 30 million that year, and now it has been increased again. This move is aimed at enhancing the scalability of the network and reducing congestion to support the growing DeFi applications.
After all, the Gas limit directly determines how many transactions can be processed in each block. If the demand is overwhelming and the capacity cannot keep up, everyone can only rush to pay high gas fees to occupy the pit.
Now Ethereum has increased the gas limit to improve efficiency, so that each block can handle more transactions, making network transactions smoother!
š¬Are you looking forward to MetaMask's new features and increasing the gas limit of the Ethereum network like me?Leave a message in the comment section and discuss!
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