Explore the Fantom Ecosystem

Steakwallet allows you to dive deep into the world of Fantom...

Last updated on February 16, 2022

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Steakwallet allows you to dive deep into the world of Fantom. The Fantom Explore center is your window into the Fantom ecosystem – it's the place where you can interact with your favorite dApps, explore new opportunities, and check in on the latest, as we showcase the hottest projects and alternative opportunities across the Fantom network.

 

Fantom is a high-performance, scalable, customizable, and secure smart-contract platform. The platform is designed as a next generation of blockchain to address several limitations of existing blockchain platforms. Fantom is permissionless, decentralized, and open-source. Lachesis, a revolutionary aBFT consensus protocol, has made Fantom to be much faster and cheaper than previous technologies, yet extremely secure. Fantom is customizable and multiple blockchains can all be plugged into Lachesis and they can easily communicate. Each blockchain works independently from one another, and each of them can have its own custom tokens, tokenomics, and governance rules. Further, Lachesis is fully compatible with the Ethereum Virtual Machine (EVM) and it can be integrated with the Cosmos SDK.

 

FAQs

How do you send Fantom tokens into Steakwallet?

Steakwallet supports the management of Fantom tokens. To send assets into your Steakwallet, navigate to the home screen and click on the asset you want to send. Please note, if the token you want to manage is not yet on your home screen, you must manually add it by [INSTRUCTIONS]. Once you select the token and are taken to that token screen, click Receive to access your wallet address. Next, select Copy address, or alternatively use the QR code to scan your wallet address, and send your tokens over from an exchange, another wallet, or wherever they are held. Congratulations, you're now using the best mobile wallet to manage your tokens! 🤝

How do you send Fantom tokens out of Steakwallet?

If you need to send assets out of Steakwallet, navigate to that token screen and click on Send. Input the amount you would like to send (you can view the amount either in the native asset or in your preferred fiat currency) and select Next. If the transfer is subject to fees, note the network fee and total balance of the transaction. Next, input the Recipient address.

Please make sure that you are sending the funds to the correct wallet address. If you mistakingly send your funds to the wrong address or to a different network, you may lose all amounts sent.

Input a Memo if need be or you so desire, and then click Next. You'll be taken to a final confirmation screen and presented with an overview of the transaction. If all of the information looks correct, hit Send. That's it!

 

Yearn Finance Guide

Steakwallet takes the simplicity of earning yield through Yearn a step further by allowing users to deposit funds into pools with the click of a button on mobile.

What is yearn.finance?

yearn.finance (Yearn) is a DeFi vault and yield aggregator that helps you generate the highest yield farming profits. When you deposit assets into Yearn products, you gain access to the best automated strategies for swapping funds between DeFi protocols, such as the Synthetix Network Token ($SNX) and Compound ($COMP). Yearn optimizes token lending by algorithmically finding the most profitable lending services and the highest yields, making farming accessible to the masses and giving new users access to advanced strategies. Specifically, Yearn vaults can be best described as actively managed mutual funds where the investment strategies are performed by Yearn's self-executing code.

Which Yearn vaults does Steakwallet support across the Fantom network?
  • Dai Stablecoin (DAI)
  • USD Stablecoin (USDC)
  • Wrapped Fantom (WFTM)
  • Yearn Finance (YFI)
  • Magic Internet Money (MIM)

Click here to learn more about depositing into Yearn vaults natively in the Steakwallet app.

 

Check out what’s new in the world of Fantom on Steakwallet

 

Support

If you have need support or have questions for us, you can reach out to support@steakwallet.fi or join our Discord (and send a shout in our #support channel) to immediately connect with team members.

 

 
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