#SonicEIP7702 Series

@SonicLabs will launch EIP-7702 in the next version.

This disruptive upgrade has been live on the ETH network for some time.

Unfortunately, the adoption rate is less than 1 %.

EIP-7702's main use cases include the following:

1⃣️ Payments and Transactions: EIP-7702 allows stablecoins to be used for payments and transactions on the Ethereum network with lower gas fees, reducing costs for users and thus promoting the widespread use of stablecoins in daily transactions.

2⃣️DeFi Applications: In the decentralized finance (DeFi) space, EIP-7702 can reduce the transaction costs of stablecoins in various protocols (such as lending, trading, liquidity mining, etc.), improving capital flow and utilization efficiency.

3⃣️ Cross-Chain Operations: By optimizing stablecoin transfers, EIP-7702 can improve the efficiency of cross-chain operations, making stablecoin conversions between different blockchains more convenient and economical.

4⃣️ Asset Collateralization and Staking: For applications that require the use of stablecoins as collateral or for staking, EIP-7702 reduces the cost of related operations, thereby encouraging more users to participate.

GameFi (Gaming + Finance) has always faced many challenges, mainly high gas fees and transaction costs. These costs make small transactions (such as in-game item trading, reward distribution) uneconomical or even infeasible.

By reducing gas fees for stablecoin transactions, EIP-7702 can significantly reduce this cost, with specific impacts including:

Improved User Experience: Players can make small transactions more frequently without worrying about high fees, increasing game engagement and user retention.

Sustainable Economic Model: Game developers can design more complex economic systems, including micro-payments, reward mechanisms, etc., to create a more attractive and sustainable game ecosystem.

@SonicLabsCN $S #Sonic