Paymaster

Updated

What it means

A smart contract that pays a transaction's gas fee on someone else's behalf.

It's how an app can cover network fees for its users, so they don't need the network's own token.

Paymaster at a glance

How it works

Defied covers the network fee on supported actions.

Related terms

TermWhat it means
Gas fee

The small fee paid to a blockchain network to process a transaction. It's also called a network fee.

Account abstraction

Making a wallet work like a programmable account, so it can do things a plain key can't, such as let someone else pay its network fees.

Smart wallet

A wallet that is itself a smart contract, so it can have rules such as fee sponsorship, batched steps or recovery options.

This glossary explains terms in general. It isn't investment, tax or legal advice.