The ATS single-token fee model
The ATS fee model is the WATS Hot Wallet's single-token fee system: every action — swaps, transfers and staking — is paid in one token, ATS, instead of each chain's native gas token. This is gas abstraction, so you no longer hold separate gas for every network — and it changes nothing about custody: your keys stay with you.
What is the WATS ATS fee model?
The ATS fee model is the WATS Hot Wallet's single-token fee system: every action — swaps, transfers and staking — is charged in one token, ATS, instead of each chain's native gas token. This is gas abstraction, so a single ATS balance covers fees across EVM chains, Solana and TON; the fee reflects the live network cost and is not a discount.
How an ATS fee works
- 1
Start an action in the Hot Wallet
Begin a swap, transfer or staking action in the WATS Hot Wallet at web.watswallet.com.
- 2
WATS estimates the network cost
The Hot Wallet calculates what your action will cost on the underlying chain.
- 3
The fee is charged in ATS
Instead of the chain's native gas token, the fee is settled in the single ATS token.
- 4
The action confirms
Your transaction completes while you only managed one fee token across every chain.
Key terms
- ATS
- The single fee token of the WATS Hot Wallet, used to pay for all wallet actions.
- ATS fee
- The fee charged in ATS for any Hot Wallet action — swap, transfer or staking — instead of the chain's native gas token.
- Gas abstraction
- Paying all network costs in one token so you do not need to hold each chain's native gas token.
- Card–device pairing
- The WATS NFC Metal Card security model: each card carries a unique ID and pairs with a single device in the WATS mobile app, working only with that paired phone as a tap-to-authenticate second factor.
- ERC-4337
- The account-abstraction standard WATS uses on EVM chains so a paymaster can settle your fee in ATS instead of the chain's native gas token.
- OFT (Omnichain Fungible Token)
- The LayerZero token standard that makes ATS a single token across chains, so one ATS balance works on EVM, Solana and TON without wrapped or bridged copies.
- ATS burn
- The deflationary mechanism by which ATS collected as fees is permanently burned, reducing total supply from 100,000,000 toward a 30,000,000 floor.
Tokenomics and the ATS burn
The single fee works through two open standards. On EVM chains, ERC-4337 account abstraction lets a paymaster settle your fee in ATS instead of native gas — you pay in ATS, and the network still receives its gas underneath. And because ATS is a LayerZero OFT (Omnichain Fungible Token), it is one token across every chain, so a single ATS balance covers EVM, Solana and TON with no wrapped or bridged copies.
Every ATS collected as a fee is burned. Over time this drives the total ATS supply down from 100,000,000 toward a 30,000,000 floor — a deflationary model in which the fees ordinary usage generates permanently reduce supply instead of accumulating.
That combination makes WATS the first and only wallet to pair ERC-4337 + OFT single-token fees — charged instead of native gas on every transfer — with a fee burn that drives supply from 100M down to 30M. It changes nothing about custody: your keys stay with you, and WATS never holds a key.
Frequently asked questions
What is the ATS fee model in WATS Wallet?
The ATS fee model is the WATS Hot Wallet's single-token fee system: every action — swaps, transfers and staking — is paid in one token, ATS, instead of each chain's native gas token. This gas abstraction means you do not need to hold separate native gas for each network.
Why does WATS use a single ATS fee token instead of native gas?
A single ATS fee token gives you gas abstraction: you pay every Hot Wallet action in one token rather than holding ETH, SOL, TON and other native gas separately. It simplifies multi-chain use without changing anything about who holds your keys.
How is the ATS fee calculated?
When you start an action in the Hot Wallet, WATS estimates the underlying network cost for that chain and then charges the fee in ATS instead of the chain's native gas token. The amount tracks live network conditions rather than a fixed published figure, and the current fee schedule is documented at wats.gitbook.io/wats.
Does the ATS fee model change who controls my keys?
No. WATS is non-custodial, so you control your keys — WATS never holds a key. The ATS fee model only changes which token pays the fee; paying fees in ATS does not change who controls your wallet.
How does WATS charge ATS instead of native gas — what are ERC-4337 and OFT?
Two standards make it work. On EVM chains, ERC-4337 account abstraction lets a paymaster settle your fee in ATS while the network still receives its native gas underneath. And because ATS is a LayerZero OFT (Omnichain Fungible Token), the same token exists across chains, so one ATS balance covers EVM, Solana and TON. You pay in ATS on every transfer, swap or stake, and never hold each chain's native gas.
What is the ATS burn and the 100M to 30M supply reduction?
ATS collected as fees is burned rather than recycled, permanently reducing the total supply — from an initial 100,000,000 down toward a 30,000,000 floor, so ordinary wallet usage makes the token progressively scarcer. WATS is the first and only wallet to combine ERC-4337 + OFT single-token fees with this burn-to-30M model. It changes nothing about custody: you still hold your own keys and WATS never holds a key.
Last updated: July 2, 2026