So far, there have been 3,173 authorizations on OP Mainnet and 268 authorizations on Base! What is an EIP-7702 Authorization? Regular EOA wallets upgrade to EIP-7702 smart accounts by authorizing a contract. The upgraded wallet has a "delegation indicator" that points to the authorized contract. When a transaction is sent to the EOA, it executes the code of the authorized contract. To downgrade back to a regular EOA, the wallet authorizes the burn address.
EIP-7702 is enabled on Superchain L2s! 🥳🥳🥳 I'm crunching the numbers. Will share adoption metrics in the next few days.
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