Proton Labs

Proton Labs

We are building infra for Dapps to create Smart Contract Wallets to onboard the next wave of users. The solution is completely non-custodial and doesn’t require any change in Dapp’s smart contract.

Last updated: 31 October 2022 02:55 PM

Created project

The problem Proton Labs solves

In a multi-chain world, exploring new products is a pain filled with on-ramping, bridging, swapping, RPC switching etc. To make web3 ready for mass adoption, we need to build towards a world where most of the complexity is abstracted away from the user. We are working towards this world by bundling cross-chain transactions using account abstraction.

While we allow users to transact across chains, the immediate problem that arises is that users do not have native tokens for all chains. To remove the blocker, either Dapps can sponsor users’ transactions or users will be able to pay gas in other non-native tokens like USDT/USDC.

The product roadmap doesn’t stop there, we have planned for more amazing things that will improve users’ onboarding experience on the Dapp. While we enable cross-chain bundling, we will be creating users’ Dapp-specific Smart contract wallets in the background. This in future will enable use cases like:

  • Subscriptions from users’ deposit wallets
  • Non-custodial 2FA-based withdrawals from Dapp’s contracts.
  • Purchase NFTs from multiple chains in a single transaction
  • Easily inherit multiple Dapp’s position / NFTs / assets to a new wallet in a single transaction