Introducing the Relayer: Palmera’s New Feature to Simplify On-Chain Operations
To further enhance the Palmera platform, we are introducing a new feature designed to simplify and improve the experience of managing on-chain operations.
Operational Efficiency and Asset Management
Paying for gas fees can often be a logistical challenge, especially when operations span across various transactions and require the collaboration of multiple organization members. With the Relayer, we are addressing this common logistical challenge. This new feature simplifies financial management by reducing the need for token conversion and ensuring a direct link between treasury assets and operational expenditures. It ensures that signers of a transaction who are members within an organization will not have to send refund invoices for the gas fees spent in signing.
It’s important to note that in this initial version of the Relayer, gas fees can only be paid using Native tokens (such as ETH for Mainnet, ARB for Arbitrum, MATIC for Polygon, etc.), and it will only be available for transactions on Mainnet, Gnosis, Optimism, Polygon, Arbitrum, and Celo.
Key Benefits
- Simplicity and Convenience: Users no longer need to worry about the availability of ETH or other native tokens in their own wallets to cover gas fees, as the system automates these payments.
- Operational Efficiency: Direct deduction of fees from the Safe can often be more operationally effective compared to traditional methods, potentially leading to reduced time in transaction operations.
- User Experience Enhancement: The integration offers a seamless transaction experience, removing the hassle of managing gas fees and allowing users to focus on their core activities.
This new feature of the Palmera Dashboard is a significant advancement in the functionality of our platform. Not only does it enhance our users’ transactional capabilities, but it also aligns with Palmera’s vision to simplify and optimize digital transactions. By reducing the complexities and operational time consumption associated with gas fees, we aim to deliver a more efficient and user-friendly experience that supports the diverse needs of our customers.
About Palmera
Palmera offers a unified platform for managing multiple Safes across these diverse chains. By signing up for the Palmera App and creating your first Dashboard, you gain visibility and control over all of your Safes in one place.
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Disclaimer: This article provides an overview based on available data and is intended for informational purposes only. Readers should conduct their own research and due diligence. The information presented does not constitute financial, legal, or investment advice, nor does it reflect the current or future market performance of any specific blockchain network or digital asset.
