Fuchsia

Fuchsia is a unique community incentive system that revolutionizes the way individuals are rewarded in the crypto community. The project leverages Account Abstractions and Paymasters to create a membership system for wallet and transaction-based rewards.

Our team was inspired by credit card membership systems, which offer rewards and benefits to cardholders based on their usage. In the same way, Fuchsia enables communities to deploy customized membership system contracts that can be tailored to their specific needs.

Fuchsia offers users a personalized and engaging experience by allowing them to receive rewards based on their on-chain activity and real-time engagement. For example, users can receive gas fee discounts and airdrop tokens through executing transactions, all through Fuchsia's intuitive and user-friendly wallet.

But Fuchsia is more than just a rewards system. Its Account Abstraction feature enables social recovery of lost wallets, which is a critical aspect of user security. We believes that this combination of security and rewards will make Fuchsia a valuable addition to the crypto ecosystem.

Also check our Readme to understand each flow : https://github.com/scaling-eth-2023

Fuchsia uses zkSync Era, which supports native Account Abstraction. We improve community onboarding/retention using account abstractions and Paymasters.

[create wallet]

• User enter password and create wallet
• (optional) User can set social recovery through email

[join membership]

• Join membership button allows user to join membership
• User can see list of memberships in website or individual membership in protocol page itself

[execute transaction]

• User do transactions or conditions about the specific membership requires (i.g. make more than 5 transactions, get NFT etc)
• If user's Fuchsia gets certain membership, they will get benefit from membership's community (i.g. get gas fee discount 30%, pay gas fee with $GOV token etc)

[recover wallet]

• If user forgot private key or move the wallet into different browser, enter email used for social recovery, and can successfully change owner

[create membersip ] -Create membership tiers. Each tier should contain conditions to become and benefits for them.