In this article, we’ll explore how EIP-7702 enhances your experience in PillarX, making your EOA-based wallet smarter, safer, and more powerful.
In this article we’ll cover:
What Is an EOA?
If you’ve been using a traditional crypto wallet like the first version of Pillar Wallet, MetaMask, or Trust Wallet, you’ve been using an EOA — Externally Owned Account. These wallets are controlled by a private key and are simple by design. But that simplicity comes with limitations. For example, traditional wallets usually can’t:
- Combine multiple actions (like approve + swap) into one transaction
- Let you approve actions or dApps just for a limited time
- Work smoothly with more complex DeFi tools or automation
- Support sponsored transactions (covering gas fees by a third party)
That’s where EIP-7702 enters the picture.
EIP-7702 Explained
EIP-7702 is a proposed improvement to Ethereum that’s set to be part of the Pectra upgrade. It introduces a simple but powerful idea: letting your traditional wallet temporarily behave like a smart contract wallet, just for the duration of a single transaction.
This means that, without making any permanent changes or switching to a more complex wallet type, you’ll be able to tap into advanced features like automation, flexible permissions, and multi-step actions, all from the wallet you already use.
Think of it as a temporary power-up for your wallet. You get the smart capabilities of a contract wallet, without losing the simplicity and familiarity of your current setup.
What EIP-7702 Unlocks in PillarX
Thanks to PillarX’s compatibility with EIP-7702, users of traditional wallets (EOAs), will be able to enjoy the same advanced capabilities that were previously available only to smart contract wallets.
What makes this especially powerful is that users don’t need to switch wallets or migrate to a new setup. If you’re connecting your EOA-based wallet to the PillarX platform, you’ll gain access to a range of smart features that significantly enhance both usability and security.
Here’s what that means in practice:
🔐 Enhanced Security and Flexibility
With EIP-7702, your wallet can temporarily include custom logic within a single transaction. This unlocks features that were traditionally only possible with smart contract wallets, such as:
- Multi-step transactions executed in one click
- Built-in checks or permissions that run before confirming an action
- Conditional execution, like triggering a transaction only if certain criteria are met (e.g. price thresholds). For instance, a user could set a transaction to execute only if ETH drops below a certan price, combining a token swap and vault deposit into a single click.
Or imagine a scenario where a user wants to stake into a DeFi position: they need to first authorize token spending, then swap one token for another, and finally stake the resulting asset. Normally, this requires three separate signed transactions, but with EIP-7702, all of this logic can be bundled and executed atomically in one single click, assuming the condition is met.
In the PillarX environment, this translates to safer and more flexible interactions with dApps, without requiring any additional key management or complicated workflows.
💡 Smarter Interactions, Same Wallet
Before EIP-7702, EOA users who wanted to access these types of features had to migrate to a smart contract wallet or maintain a separate Smart Account. Now, that’s no longer necessary.
With 7702 support built into PillarX, users can:
- Continue using their existing EOA wallet
- Tap into smart features only when needed
- Enjoy seamless integration with automation tools and decentralized applications across the PillarX ecosystem
This approach offers the best of both worlds, a familiar wallet experience enhanced with next-generation functionality. It lowers the barrier to advanced DeFi interactions while maintaining the simplicity that everyday users expect.
The Benefits EIP-7702 Brings to Pillar Wallet Users
If you have a key-wallet version (EOA) of Pillar Wallet, you’ll be able to access PillarX using that same wallet, with no import or export required. While the current Pillar Wallet app will eventually be phased out, you’ll seamlessly transition to PillarX with full compatibility.
Thanks to EIP-7702, you’ll also gain access to powerful smart wallet features like bundled transactions, session keys, tools for smart trading and custom logic, directly from your existing wallet. There’s no need to set up a separate smart contract wallet. It’s a smoother Web3 experience, built right into what you’re already using.
Shaping the Future
EIP-7702 is part of a broader Account Abstraction movement to modernize the Web3 user experience. Although it was just released, it’s already shaping how infrastructure teams like PillarX are thinking about the future of wallet UX.
By adopting 7702, we’re bringing EOA users closer to the power and flexibility previously only possible with smart contract wallets, without requiring migrations or new behaviors.
Join the PX waitlist now to be among the first to explore the platform! Follow us on X and hop into our Discord community so you don’t miss the PillarX launch.
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Disclaimer: Cryptocurrency investments are subject to market risk. Please conduct your own thorough research and seek professional advice before making any investment decisions. Any of our publications do not constitute as financial advice and you should not treat any of the information on our website as advice.