Genius response to platform vulnerabilities: The current transaction gas costs have significantly decreased, and BNB cross-chain exchange has been optimized
Genius announced on the X platform that, in response to community feedback regarding platform trading issues, several vulnerabilities have been fixed, including:
Significant reduction in Gas fees: Fixed the issue of overestimation of Gas limits on-chain due to EIP-1559 and the problem of maxPriorityFeePerGas being set too high;
Optimized BNB cross-chain exchange: Added a small Gas buffer to prevent transaction failures due to insufficient Gas, while not significantly increasing Gas fees;
Fixed the cross-chain transaction fee sponsorship issue using EIP-7702: Updated the process to correctly execute cross-chain transactions sponsored by third parties (no longer experiencing issues from the old version).
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