A few months ago, Kromatika team announced gasless transactions. It means the users can pay with KROM for all their limit orders created on Kromatika.

While this had a big impact, still there was a confusion about the meaning of gasless transaction. Gasless means that users would not pay ETH transaction fee, but KROM transaction fee. It didn’t mean free transactions at that time.

DOES IT MEAN FREE NOW?

In the meantime, the team has been working hard to make it possible for the limit orders transaction cost to be paid in KROM and be as cheap as possible.

We have been collaborating with a company to make it possible to run gasless relayers.

Soon, we will be launching our time limited campaign for ZER0-fee transactions on Arbitrum and Polygon with Ethereum Mainnet to follow soon after.

HOW DOES IT WORK?

IN order for the users to be eligible for gassless and ZER0-fee transactions, they need to deposit/stake enough KROM on Kromatika.

We will introduce a tiered approach that will be applied to every network separately.

For example: (please note those are just random numbers, the actual number will be announced additionally and will be different per network)

• Users depositing 1 mil KROM, all transactions on KROMATIKA will be FREE.
• Users depositing 500 000 KROM, all transactions will be 50% cheaper and paid in KROM only.
• Users depositing 100 000 KROM, all transactions will be 10% cheaper and paid in KROM only.
• Minimum deposit amount: 50 000 KROM. Users depositing below 50 000 KROM, will pay gasless transactions in KROM, having no need of ETH, without additional discounts.
  
  

HOW TO DO ZER0-FEE TRANSACTIONS?

• Deposit / Stake KROM up to the limit.
• Create a limit order with your preferred limit price.
  
  
• Pay ZER0-fee (applicable for a limited time period if you stake sufficient KROM per network)
  
  
• Sign the message request with Metamask (this does not cost any gas fee), the user is just approving the transaction.
  
  
  
  

  KROMATIKA SWAP AGGREGATOR
  
  

  Kromatika is adding an aggregator feature to do swaps at best-market rates and benefit from ZERO-fee transactions.

  That means users will be able to do swaps via Kromatika on Uniswap, Sushiswap, 1Inch, getting the best market rates and do ZER0-fees transactions (for a limited time period)

  Happy Trading !!!