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Instadapp Launches New Smart Contract Wallet with Multi-Network Transaction Support

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On March 9, the multi-chain DeFi management protocol Instadapp launched the smart contract wallet Avocado, which supports multi-network transactions. Gas in all

Instadapp Launches New Smart Contract Wallet with Multi-Network Transaction Support

On March 9, the multi-chain DeFi management protocol Instadapp launched the smart contract wallet Avocado, which supports multi-network transactions. Gas in all networks is supported in the form of USDC, without the need to manage multiple local gas tokens. At the same time, users can use the built-in account abstraction to create a deterministic smart contract that can only be controlled by themselves. Avocado charges an additional 20% of the gas fee, of which 10% is given to the DApp integrator.

Multi-chain DeFi management protocol Instaapp launched smart contract wallet Avocado

Analysis based on this information:


Instadapp, a multi-chain DeFi management protocol, recently launched its new smart contract wallet called Avocado. This platform introduces an innovative approach to manage various cryptocurrencies across multiple networks seamlessly. As the cryptocurrency industry continues to evolve, new trends emerge, and one such development is combining multiple blockchain networks.

Avocado offers flexible support for multi-network transactions without the need for gas tokens, which is advantageous to users. The innovation in the platform is evident as it utilizes fresh ideas to enhance the user’s experience, ensuring that they can navigate seamlessly while transacting between networks. With gas in all networks supported in USDC format, users can now use the built-in account abstraction feature to create smart contracts that can only be controlled by themselves.

One significant advantage of the Avocado platform is that users can enjoy the efficiency and clarity of transaction processes, as they will never have to worry about managing multiple gas tokens in different networks. This feature allows for easy identification and faster processing of transactions.

Another remarkable feature of Avocado is that DApp integrators receive a 10% cut of the 20% gas fee charged on transactions. This incentivizes developers to integrate this platform into their projects, which, in turn, will drive more adoption and usage of the platform.

In summary, the Avocado platform by Instadapp is a promising smart contract wallet that offers users outstanding services, with multi-network transactions simplified through the use of USDC. With the rise of the cryptocurrencies industry and developers seeking better solutions, the Avocado platform is a step towards creating more efficient systems in the DeFi industry.

In conclusion, the implementation of innovative solutions in cryptocurrency transactions and blockchain technology is the way to move forward. The Avocado platform by Instadapp presents a viable solution that sets the pace for other platforms to innovate and create better systems for users.

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