KEYRING Gas Sponsorship Is a Game Changer and Here’s Why

In its 5.0.0 update, KEYRING PRO Wallet has introduced a new feature called Gas Sponsorship, which promises to bring a significant shift in how users interact with their web3 wallets. This feature is set to reshape not only the daily habits of KEYRING PRO Wallet users but also the future of web3 wallets as a whole.

So, what exactly is Gas Sponsorship, and why does it matter? Let’s take a closer look in the article below.

EIP-7702

Before diving into how Gas Sponsorship works, it’s important to understand EIP-7702.

EIP-7702 is a recent Ethereum proposal that introduces a lightweight, backward-compatible way to give regular wallet addresses (EOAs — Externally Owned Accounts) temporary smart contract functionality within a single transaction or transaction bundle.

Unlike traditional smart contract wallets, EIP-7702 allows you to access advanced features like gas sponsorship, session keys, and transaction batching without deploying a new contract or changing your existing address.

Why It Matters

EOAs like MetaMask are simple but limited: every transaction requires a manual signature, and advanced workflows (like multi-step swaps) are often clunky. Smart contract wallets can solve these issues but require deploying a new address, which breaks compatibility with your existing wallet.

EIP-7702 brings smart wallet capabilities to your current address, with no migration needed. It’s fast, modular, and completely opt-in.

Key Features:

• Temporary Smart Contract Control: Execute complex logic (like approve + swap) within a single transaction.
• Session Keys: Grant short-term, limited access to trusted apps or functions without exposing your main key.
• Gas Sponsorship: Allow dApps or services to cover gas fees on your behalf.
• Account Abstraction Ready: Designed to work alongside ERC-4337 while remaining simpler to implement.
• No Proxy or New Address Needed: Your EOA remains intact — no new smart wallet contract required.

Gas Sponsorship

Gas Sponsorship lets a trusted third party (known as a Sponsor) safely pay transaction fees (gas fees) on behalf of a user. Instead of requiring users to cover gas for every transaction, the Sponsor can step in and handle these fees while the user keeps full control of their wallet.

Thanks to mechanisms like EIP-7702, this process remains secure, permissionless, and fully transparent. Users don’t give up control or ownership of their wallets at any point; they simply gain the benefit of gas-free transactions while maintaining the same level of security as paying for gas themselves.

Currently, Gas Sponsorship on KEYRING products is available specifically for sending tokens, helping users experience seamless, gas-free transfers while ensuring reliability and safety.

Gas Sponsorship is especially valuable for new users who may not yet hold native tokens to pay for gas, and for applications aiming to onboard users with a seamless, frictionless experience.

The Big Benefit

As a Wallet User

Gas Sponsorship will become one of the finest tools for KEYRING users, especially for those just stepping onto their crypto journey, because it breaks down a barrier that many newcomers stumble over—the native token (or gas fee token).

Blockchain still runs exactly as it always has, requiring users to hold native tokens to pay for transaction gas fees. But this seemingly simple fact becomes one of the first invisible walls that stops many new users in their tracks, as they often don’t fully grasp what “gas” means, don’t know which token is the native token of that chain, or don’t know how to get it in the first place.

With KEYRING’s Gas Sponsorship, this obstacle fades into the background. Now, sponsors will cover these gas fees for users. All the user needs to do is tap on the sponsor’s banner and proceed to send their tokens. Smooth, easy, frictionless.

When sending tokens, the sending interface will include an option for Gas Sponsorship. Available sponsors will appear, ready to be selected with a single tap.

And when your transaction is complete, if you can spare a moment, take a quick look at the sponsor’s banner—show a little love for the ones who covered your gas fee so you could move freely.

As a Sponsor

Gas Sponsorship can’t exist without sponsors—those who generously cover gas fees so other users can keep moving. So, what’s in it for you if you become a sponsor on KEYRING? And how can you become one?

A Win-Win Situation!

• A ready, targeted audience
  KEYRING PRO Wallet already has a large, active user base deeply interested in blockchain activities. When you become a sponsor, users who click on your banner are people who are genuinely curious about web3, meaning you get high-intent, relevant exposure without spending resources filtering for your audience.
• Real users at a low cost
  As a sponsor, you reach real users who are actively making transactions, and your cost is simply the gas fee for those transactions. Plus, you only pay when a user actually uses your sponsorship—if no one uses it, your funds stay untouched. Clean, efficient, and direct.

How to become a sponsor?

Becoming a sponsor is easy. Just reach out to KEYRING by email so we can align on details and get you set up with everything you need to start sponsoring users.

More infomation on Gas Fee Sponsorship

> Gas Sponsorship | Enable Gasless Transactions with ERC-7702