Hello, Cryptonauts!
As crypto marches on, so do the improvements to Moonwell. That’s why the team is happy to announce the latest updates to Moonwell Apollo, and how it can benefit you.
Additional Wallet Support
Moonwell is happy to announce support and integration of WalletConnect and Coinbase Wallet! This means users will have more choices when it comes to interacting with Moonwell. Supporting multiple wallets allows the user to choose the wallet that best suits their needs, as well as finding a healthy balance between security and convenience. It also allows users to keep their options open, rather than forcing them into using something they are unfamiliar with.
WalletConnect
WalletConnect is an open source protocol for connecting desktop dApps to mobile wallets using end-to-end encryption.
It allows users to securely access dApps having to trust the dApp with their private keys.
WalletConnect is designed to be simple and easy to use. It supports multiple wallet types and can be used with any dApp that supports it. WalletConnect is open source and available to anyone who wants to use it.
Coinbase Wallet
Coinbase Wallet is developed by Coinbase Inc, which allows users to store, send, and receive crypto assets. The wallet also provides a way to access decentralized applications on the Ethereum network.
Coinbase Wallet is available on iOS and Android devices, and can be accessed through browsers. The wallet is non-custodial, meaning users hold their private keys and have full control over their funds.
The wallet also supports multiple languages, and provides access to a customer support team if there are any issues.
Easier Access to External Rewards
Users that have staked MFAM into Solarbeam can now enjoy the benefits of being able to interact with those rewards directly from the Moonwell rewards panel.
This feature makes claiming your rewards even easier.
About Moonwell
Moonwell is an open lending and borrowing DeFi protocol on Moonbeam & Moonriver. Moonwell’s composable design can accommodate a full range of DeFi applications in the greater Polkadot and Kusama (DotSama) ecosystem.
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