Native Token Fee Conversion
Native Token Fee Conversion is the automated process of swapping a user-provided token for the native network gas token at the time of transaction. This enables protocols to offer a stable fee experience while still interacting with the underlying blockchain in its native currency.
The conversion is typically handled by decentralized exchanges or automated market makers integrated into the protocol. This removes the friction of needing to hold multiple assets just to pay for network usage.
It is a vital feature for mainstream adoption of decentralized applications.