PANews reported on November 12 that according to The Block, Zerion launched its Ethereum Layer 2 solution ZERO Network, which allows Zerion Wallet users to waive Gas fees when trading, minting, exchanging and cross-chain. ZERO Network uses smart accounts and Paymasters functions to support free transactions through account abstraction, providing users with a "zero-fee" on-chain experience.
ZERO Network is built on ZKsync technology and is part of the Elastic Chain ecosystem. It uses a dynamic scoring system "Onchain DNA" to evaluate whether an address is eligible for gas-free transactions.
In addition, Zerion also announced that it has received investment support from multiple angel investors, including Yearn developer Banteg, NBA player Duncan Robinson, and angel investors from projects such as Lido, OpenSea and ETHGlobal.