Ethane allows for a simple gasless user experience by outsourcing transactions involving ERC-20 tokens to an intermediary smart contract that is then called by a Relayer. In addition, Ethane also provides a cost-efficient liquidity locker solution allowing a user to approve and lock their Uniswap liquidity tokens in one transaction.
Ethane rewards stakeholders fees from all gasless swap transactions and from other projects locking liquidity. Ethane provides gasless and staking services on the Ethereum blockchain. Ethane services will be deployed on other chains such as Polygon and BNB Chain. Gasless transactions are possible via signatures following the EIP-712 standard. Following the deployment of the Ethane services cross-chain, the EIP-712 standard will also be utilized for gasless transactions involving NFTs.
Users can swap tokens on Ethane without needing Ethereum to pay gas for their transaction. No holding of Ethane is required to use this swap.