GasTank is a feature that enables Ambire Wallet customers to save on transaction fees paid in stable currency or ERC-20 tokens, with cash back. This is thanks to the Ambire's ability to act as a smart wallet, which was developed by the entrepreneurial team as they bring flexibility, convenience and a user-first feel to the web3.crypto scenarios they developed.
GasTank works like a prepaid mechanism: customers only need to pay network fees in advance through a deposit.
Opening the Ambire allows easy and intuitive access to tanks and savings thanks to a unique page in the main wallet menu:
To take full advantage of AmbireGasTank, customers can wait for a stable currency to pay network fees in USDT/USDC/DAI, as this is a very obvious way to save. Had it still been combined the raw batch transaction capabilities of the Ambire Wallet (combining multiple operations in one transaction) would have saved crazy Web3 customers hundreds of dollars in gas costs.
GasTank uses meta-transaction technology, which is a transaction signed by one customer but shared (and thus paid for) by another customer. Relayers cannot alter the transaction itself. GasTank supports many different tokens on multiple networks. When customers make a deposit, they prepay the network fees they will eventually incur, and the relayer provides the actual cost of the transaction in ETH or other gas tokens. Therefore, customers will save unnecessary money on gas swap fees and cash back from Ambire.
About Ambire
The Ambire Multi-Currency Crypto Wallet simplifies the process of purchasing, investing and managing digital currencies. This wallet application is designed to provide the best privacy-preserving Defi income opportunities, allowing customers to diversify their financial planning while saving on gas costs. From 2016 to today, the key Ambire team has been exploring the market in the encryption industry and creating a decentralized advertising market driven by blockchain and staking portals.
