Core Concepts

Understanding these concepts will help you get the most out of Pragma and understand how your transactions are secured.

Overview

Pragma is built on several key technologies:

Concept	What It Is	Why It Matters
Smart Accounts	Your wallet on Monad	Holds your assets, enables advanced features
Session Keys	Temporary keys for gas	Gasless feel, security isolation
Delegations	Time-limited permissions	Secure execution without full access
Fees	Protocol costs	Transparent pricing

How They Work Together

You (Web3Auth)
    │
    ▼ controls
Smart Account (holds your tokens)
    │
    ▼ grants permission via
Delegation (time-limited, specific action)
    │
    ▼ executed by
Session Key (pays gas, submits transaction)

Quick Summary

Smart Account

Your main wallet address. It's a smart contract (not a regular wallet) that holds all your tokens and NFTs. Controlled by your Web3Auth login.

Session Key

A temporary key that executes transactions on your behalf. Funded with a small amount of MON for gas. Can be revoked anytime.

Delegation

A signed permission allowing the session key to perform a specific action. Expires after 5 minutes. Cannot be reused.

Fees

1% on swaps, staking, and NFT purchases. Free for transfers, wrapping, and unstaking.

Security Model

Pragma is designed with security as the top priority:

1. Your keys never leave your browser - Web3Auth generates keys locally

2. Minimal permissions - Each delegation is for one specific action

3. Time-limited - Delegations expire in 5 minutes

4. Single use - Delegations can't be replayed

5. Parameter enforcement - Transaction details are locked on-chain

6. Revocable - You can revoke access anytime

Dive Deeper

• Smart Accounts - Learn about ERC-4337 and your wallet

• Session Keys - Understand gasless transactions

• Delegations - How Pragma executes on your behalf

• Fees - Transparent fee structure