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Obvious is proud to announce the launch of one of the best Smart Contract based mobile wallets, powered by Biconomy in the Ethereum ecosystem.
At Obvious we have been pushing the boundaries of user experience for EOA (Externally Owned Account) wallets since the app was launched in January, 2023. With every feature launch, such as seedless recovery, we have tried to bring a better functional experience for all crypto users globally.
EOA vs Smart Contract wallet
However, even after all this, EOAs inherently have some fundamental problems regarding user experience. EOA wallets have limited functionality when it comes to executing complex transactions, security enhancements, and customizations.
With the wave of Account Abstraction, the limitations of EOA wallets can be overcome in Smart Contract wallets! Smart contract wallets are non-custodial wallets that are controlled by a smart contract. Account Abstraction allows you to manage your crypto assets in a customizable way, and it can be designed with multiple layers of security.
At Obvious, we want to bring you this improved experience! We want to make it easy for you to use your mobile wallet. And for this purpose – we’re introducing the Obvious Smart Wallet! It's lightning-fast, secure, and simple. Think of it as an upgrade from the EOA (Externally Owned Account) wallets.
While there are a lot of features that will be released, the first 2 features of our Smart Wallet are as below. All you have to do is go to the Obvious app and create a Smart wallet to start using them. We used Biconomy's SDK for powering our Smart Contract Wallet.
Pay Any
With Obvious Smart Wallet, you can pay gas fees in any ERC-20 token you prefer. We currently provide the option to pay gas in USDC, USDT, DAI, and wETH. You won't need to worry about exchanging your tokens for ETH or using your existing precious ETH, which can be a hassle and result in additional fees. Instead, you can use a token you already have. Super convenient, isn’t it?
1-Click Transactions
Bridging and Swapping tokens often require you to sign and approve access to your wallet at multiple stages for different DEXs and bridges. This causes unnecessary friction on the user’s end. With Obvious Smart Wallet, you can easily approve and sign your swap and bridge transactions with just a click in a single go.
Well, these are just a few things that Obvious Smart Wallet can do!. Our Smart Wallet is now live on Ethereum and Polygon. So, what are you waiting for? Make the “obvious” switch now! Read on how you can get started using Obvious Smart wallet from here.
