Gas Refund
In the blockchain ecosystem, Gas Fees have consistently been a major pain point in user experience. These fees, especially during periods of high network load, can escalate rapidly, imposing a significant burden on users.
Challenges of Gas Fees in Web3:
The exorbitant costs of Gas Fees have substantially hindered the widespread adoption and acceptance of blockchain technology. This stands in stark contrast to Web2 ecosystems, where services like PayPal typically do not levy significant charges for each transaction or operation.
Although Layer2 solutions have significantly reduced Gas Fees, these costs still negatively impact the user experience.
Innovative Solution by Pac Finance:
Pac Finance has innovatively introduced a mechanism whereby 100% of the Gas Fees incurred for all transactions conducted on the platform are refunded to the users. This strategy effectively addresses the issue of high costs faced by users during transactions.
Pac Finance has distinguished itself as the world's first lending protocol to achieve a zero Gas Fee model. This groundbreaking initiative is expected to attract widespread attention in the DeFi sector and could potentially catalyze transformative changes across the industry.
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