1ClickTrade

Overview

One ClickTrade (1CT) eliminates the need for wallet interactions when submitting transactions on the blockchain, thereby reducing the time required for trading. It achieves this through the use of two new mechanisms:

1. 1CT Wallet

2. Transaction Delegation

1CT Wallet

HyperionX utilizes an externally created wallet account (EOA) to submit transactions and pay transaction fees. This process relies on the following steps:

1. Users set a 4-digit PIN code.

- This PIN code should be remembered for future recovery purposes.

2. Users sign a preset message with their PIN code using their wallet.

- The wallet used for signing the message will be remembered by HyperionX for future recovery purposes.

3. Once a user has created a 1CT wallet, it must be granted authorization to conduct transactions on behalf of the user, allowing for the use of 1CT for fee payment and execution during order placement.

Transaction Delegation

The HyperionX smart contract supports a delegation feature, allowing a 1CT wallet (EOA) to submit transactions on behalf of other EOAs. To delegate a transaction to another EOA, the trader must authorize that address as a representative through the trading contract.The delegated wallet (1CT) is only required to cover the GAS fees for submitting the transaction.