Reloop Disrupts Web3 with Gasless Crypto Subscriptions Powered by Yellow SDK

Web3 just got smoother. Reloop's new gasless subscription service—built on Yellow SDK—sidesteps Ethereum's notorious fees while locking in recurring revenue streams. Finally, a crypto innovation that doesn't punish users for participating.

The killer feature? Zero gas fees. By leveraging Yellow SDK's infrastructure, Reloop cuts out the #1 pain point for mainstream adoption. TradFi's subscription models just got a blockchain upgrade—minus the usual 'convenience fee' racket.

Here's the twist: while Wall Street banks charge 2% 'processing fees' for the privilege of moving your own money, Reloop's model actually removes financial friction. The irony isn't lost on us.

One question remains: will this finally be the Web3 use case that sticks? Early adopters are betting yes—gasless transactions tend to have that effect.

What to Know:

• Reloop operates on the Flare Network and uses ERC-7824 protocol for state channels to minimize gas fees
• The platform includes a randomized grace period of 0-6 hours for failed payments before cancellation
• Users can approve monthly payments through off-chain signatures while creators receive payments directly to their wallets

The platform functions by having users lock cryptocurrency into smart contracts, which then handle recurring payments automatically. Reloop utilizes real-time price feeds to calculate cryptocurrency equivalents for services priced in dollars, allowing users to approve monthly payments through off-chain signatures rather than paying gas fees for each transaction.

The system incorporates Flare Network's three core features to operate effectively. FAssets bring non-EVM assets like XRP into the smart contract system as FXRP. The Flare Time Series Oracle fetches real-time USD prices for FXRP and Bitcoin to calculate required cryptocurrency amounts per subscription. When payments fail, the platform's Secure Random Number Generator triggers a randomized grace period lasting up to six hours before cancellation.

Nitrolite integration handles subscription payments via off-chain state channels using the ERC-7824 protocol. This approach allows users to sign monthly payment approvals off-chain, eliminating gas fees for routine transactions.

The system only settles on-chain once per billing cycle or during disputes, maintaining low operational costs.

For content creators and businesses, Reloop provides a dashboard for creating and managing subscription plans, tracking subscribers, and receiving automated payments directly into their wallets. The platform operates as a permissionless, secure, and transparent system without relying on traditional banking infrastructure.

Development included creating fallback mechanisms to ensure reliability. The team implemented mock responses for random number generation during testing to simulate various grace period behaviors. They also built backup scripts to convert dollar amounts into FXRP using cached oracles if the primary FTSO system fails.

Closing Thoughts

Reloop positions itself as the decentralized equivalent of traditional subscription payment processors, aiming to become the standard system for recurring payments in Web3 ecosystems. The platform's integration of Yellow SDK and state channel technology addresses common cryptocurrency payment challenges while maintaining the transparency and autonomy that Web3 users expect.