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Cryptocurrency News Articles

nDapp Integrates Gleeder, Expanding NEO Ecosystem Access for Users

May 05, 2024 at 03:21 am

nDapp.org has integrated Gleeder, an on-chain tool facilitating transactions for first-time users of the Neo N3 blockchain. This integration allows users to swap NEO into GAS without a GAS balance, by utilizing a proxy contract to sponsor upfront transaction fees. Gleeder marks the third major Neo on-chain tool integrated into nDapp, following governance voting and token swapping capabilities.

nDapp Integrates Gleeder, Expanding NEO Ecosystem Access for Users

nDapp Integrates Gleeder, Enhancing Accessibility to NEO Ecosystem for Users

nDapp.org has seamlessly integrated Gleeder, an innovative tool, to its platform. This integration provides users with an alternative frontend to the official Gleeder page, maximizing accessibility and fostering awareness for this valuable tool.

Gleeder is a user-friendly tool designed to alleviate a common challenge faced by first-time users on the Neo N3 blockchain. Upon migrating NEO from the previous Legacy platform or acquiring tokens from cryptocurrency exchanges, users may not possess any GAS, the native token used for transactions on the Neo blockchain. This lack of GAS hinders users' ability to participate in governance voting or execute other actions on the network.

Gleeder ingeniously solves this problem by introducing a proxy contract that assumes the responsibility of covering the upfront GAS fees associated with transactions. A modest portion of the GAS generated from the transaction is directed to the proxy contract as compensation for its sponsorship, while the remaining GAS is returned to the user, enabling them to seamlessly engage in future transactions.

Notably, at the time of this announcement, Gleeder exclusively supports the conversion of NEO tokens into GAS. However, nDapp has expressed the possibility of expanding Gleeder's functionality to include other NEP-17 tokens that are available for trading on Flamingo, a decentralized exchange built on the Neo blockchain, subject to Gleeder's support.

The integration of Gleeder marks a significant milestone for nDapp, representing the third major integration of Neo on-chain tools following the introduction of governance voting and token swapping capabilities through Flamingo. This integration seamlessly aligns with nDapp's unwavering commitment to enhancing the user experience and fostering a comprehensive ecosystem for Neo enthusiasts.

Users eager to experience the benefits of nDapp's Gleeder integration can access it directly through the homepage: https://ndapp.org/.

Tags: Gleeder, nDapp, Neo, GAS, Cryptocurrency, Blockchain

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