ATS Tokenomics: How WATS Burns Its Fee Token From 100M to 30M (an ERC-4337 paymaster plus one BSC ATS balance)

Short answer: ATS tokenomics is a fee model in which network fees on EVM networks are charged in one token — ATS — instead of the chain's native gas coin, and the ATS collected is burned, driving total supply down from an initial 100,000,000 toward a 30,000,000 floor. In WATS this works through ERC-4337 account abstraction, where a paymaster settles the native gas on your behalf across Ethereum, Arbitrum, Optimism, Base, Polygon and BNB Chain. Solana and TON are fully supported chains in WATS — send, receive, swap, bridge, one app, one identity — but they sit outside the single-fee-token system: transactions there pay their own native fees, SOL and Toncoin. Your ATS balance sits on BSC (BNB Chain), so whichever EVM network the transaction runs on, the fee comes out of that one balance. It is not a discount: the network still receives its native gas underneath, so the model changes which token pays, not what the transaction costs. The burn is driven by real usage rather than a fixed calendar — and none of it touches custody, because WATS is non-custodial and never holds a key.

Two frictions most wallets never fix

Multi-chain crypto has two quiet taxes. The first is native gas: every chain insists on being paid in its own coin — ETH on the EVM world, SOL on Solana, Toncoin on TON — so you keep idle balances of tokens you never wanted just to move the tokens you do. The second is rarely discussed: most wallet fee and utility tokens are inflationary or static, so the fees they collect pile up somewhere rather than reducing supply. Chains themselves sometimes do better — Ethereum's EIP-1559 burns the base fee of every transaction — but that burn applies to the chain's own coin, not to the token a wallet charges you in. WATS answers both across the EVM networks it supports, with a single design — and does it without ever taking custody of your keys.

On EVM chains: charged in ATS, not native gas

In WATS, on EVM networks, every action — transfers, swaps, staking — is charged in a single token, ATS (Alltoscan Token), instead of the chain's native gas, and that is true in the Chrome extension and the mobile app alike. From your side, no ETH, POL or BNB leaves your wallet; ATS does. The network still receives its native gas underneath — that never goes away — but an ERC-4337 paymaster settles it for you, so provisioning a separate gas balance on Ethereum, Arbitrum, Optimism, Base, Polygon and BNB Chain stops being your job. Solana and TON live in the same wallet under the same identity, with the same send, receive, swap and bridge flows — their transactions simply pay their own native fees, SOL and Toncoin.

What ERC-4337 does here

On EVM chains, the mechanism is ERC-4337, the account-abstraction standard. It introduces a paymaster: a component that can pay a transaction's native gas on your behalf while charging you in a different token. That is the precise step where "pay in ATS instead of ETH" happens. ERC-4337 is an EVM standard, so it governs the EVM side — and the EVM side is exactly the scope of the ATS fee model. Solana and TON have fee mechanics of their own: Solana lets a transaction name a fee payer other than the first signer, and TON's message model allows sponsoring contracts. WATS does not route its fees through either — on those chains you pay SOL and Toncoin the ordinary way.

Where the ATS balance lives

A single fee token is only simple if you do not have to keep a copy of it on every network. ATS is held as one balance on BSC (BNB Chain), and whichever EVM network a transaction runs on, the fee is debited from that one balance — you never bridge ATS, and you never top up a per-chain ATS balance. Together they give the model its shape — one ATS to hold everywhere, and on EVM, one ATS to pay with.

Not a discount — a change in which token pays

This is the detail worth being precise about, because it is the one most often misread. The ATS fee model does not make blockchain transactions cheaper by decree. Ethereum still charges its gas, Solana still charges its fee, TON still charges its own — the underlying cost of a transaction is set by the network, not by a wallet. What changes on EVM is the denomination: you settle in ATS, and the paymaster converts that into the native gas the chain demands. The saving is operational rather than monetary. You stop maintaining a small gas balance on every EVM network you touch, you stop bridging dust to top them up, and you stop failing transactions because one chain's gas ran dry. Any explainer that pitches ATS as a discount on gas is describing something WATS does not claim.

The burn: from 100,000,000 to 30,000,000

Here is where WATS parts company with ordinary fee tokens. The ATS collected as fees is not recycled or pooled — it is burned. Every fee paid permanently removes ATS from circulation, driving total supply down from an initial 100,000,000 toward a 30,000,000 floor. It is a deflationary model powered by ordinary use: the more the wallet is used, the scarcer ATS becomes, until supply settles at roughly a third of where it started. The burn is a design commitment tied to real activity, not a fixed calendar, so the pace tracks usage rather than a countdown.

The first and only wallet to combine both

Plenty of wallets abstract gas: ERC-4337 paymasters bring token-paid gas to EVM apps that adopt them, and a few wallets route fees through a sponsor. What no other wallet does is put these together the way WATS does — an ERC-4337 paymaster plus one BSC ATS balance single-token ATS fees, charged instead of native gas on every EVM transfer, paired with a fee burn that drives supply from 100M down to 30M.

What it does not change: your keys

None of this touches custody. WATS is non-custodial across all three products — the Chrome Extension, the Mobile App and the NFC Metal Card: you hold your own keys, and WATS never holds a key. Paying fees in ATS does not hand control to anyone, and burning ATS does not either. The NFC Metal Card does not change the picture: it authenticates with a tap to keys that live in the WATS apps, rather than storing keys itself. The fee token decides which token pays; the burn decides how supply changes; custody — who can authorise a move of funds — stays entirely with you. Conflating a single fee token with a single point of control gets the model exactly backwards.

Where to go next

For the canonical reference on how a charge is estimated and taken, see the ATS fee page. For a first-hand walk through the fee flow and how self-custody relates, read how the WATS ATS single fee token works. If you want to see the mechanism rather than read about it, the practical next step is to open WATS (WATS, the extension and the mobile app all behave the same way here), hold a single ATS balance, and send on two different EVM chains without topping up either one's native gas — the burn is the same fee you just paid, leaving circulation for good.