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Genius announces multiple technical optimizations, significantly reducing Gas fees and upgrading cross-chain experience
【Crypto World】Genius officially announces a series of platform trading optimization updates, focusing on improvements based on user feedback regarding fees and cross-chain experience.
Significant reductions have been achieved in Gas fees. The team fixed the issue of overestimated on-chain Gas limit calculations for EIP-1559 chains and adjusted the logic for setting maxPriorityFeePerGas, avoiding previous unreasonable charges. This means that the cost of each user transaction will substantially decrease.
The BNB cross-chain exchange experience has also been optimized. The new version adds an appropriate Gas buffer mechanism to effectively prevent transaction failures caused by insufficient Gas, while also controlling additional costs to avoid imposing noticeable fee pressure on users.
The update also introduces the EIP-7702 standard to address the issue of cross-chain transaction fee sponsorship. The improved process can correctly execute third-party sponsored cross-chain transactions, thoroughly resolving the execution failures present in the old version and truly implementing the sponsored transaction feature.
Overall, this update focuses on reducing user transaction costs and enhancing cross-chain interaction stability, with the most noticeable improvements for users who frequently perform cross-chain operations and large transactions.