Comet Protocol has integrated Neo X into its Instant Gas feature, a tool designed to facilitate quick and cost-effective swaps into small amounts of tokens necessary for paying gas fees across various blockchains.
The Instant Gas feature enables users to convert fixed amounts of $1, $5, $10, or $30 from Ethereum, Base, Arbitrum, MANTA, Optimism, and Scroll into tokens on more than 15 other supported chains. The service is designed to achieve speed and low transaction fees, streamlining the process for users engaging with multiple ecosystems.
Comet Protocol’s Instant Gas feature.
Beyond its Instant Gas capabilities, Comet Protocol also provides cross-chain bridging across over 30 chains, spanning both Bitcoin and Ethereum ecosystems. The project claims an average transaction time of 20 seconds, a 0% core failure rate, and fee savings of 20% per transaction. However, Neo has not been integrated with Comet’s full cross-chain bridging features.
The original announcement can be found at the link below:
https://x.com/Comet_Protocol/status/1869331772166824425
About The Author: Dean Jeffs
Dean is a digital project manager who has worked extensively with start ups and agencies in the marketing space. Fascinated by the potential applications of blockchain technology, Dean has a passion for realising the new smart economy.
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