Handling Gas Pump

Gas Pump Contract Addresses can be assigned as Deposit Addresses of Virtual Accounts to handle deposits and Withdrawals.

Gas Pump Custodial Flow

1. You select a blockchain address, you own the PrivateKey, to work as your "Master GP Address".
   • This address will pay for all transfer fees from your "Slave GP Contract Addresses"
2. You Precalculate a "Slave GP Contract Address".
   • The address can be used to deposit assets only.
   • To transfer out requires activating the address (Smart Contract).
3. You assign said precalculated "Slave GP Contract Address" to an End-user to act as a "Deposit address".
4. End-user deposits on-chain assets (ERC-20 tokens) from outside your Exchange or Application to his "Deposit address".
5. You activate the "Slave GP Contract Address".
6. You send the End-user assets to your Master Exchange Address

Observations

• You pay for the activation of the "Slave GP Contract Address".
  • On-chain cost charged by the blockchain due to Smart Contract Activation.
• The transfer fees from the "Slave GP Contract Address" are paid by your "Master GP Address".
• You avoid Dust management.
• You may rotate and reassign an activated "Slave GP Contract Address", as needed, across your End-users.

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Find the Gas Pump guide in the following link.