Earth Wallet version 0.6 - Stablecoin Integration, Cycles / Tokens, and UX upgrades!
Earth Wallet version 0.6 lays the groundwork for a number of big features, we've been hard at work for the past few months getting this ready so we hope you enjoy it!
We've made a number of changes to the user interface to make it more intuitive for end users to navigate their tokens, NFTs, and dApp connections across multiple blockchains. Additionally, we've added the ability to browse your favourite digital assets in a brand new gallery view. These upgrades were developed based on requests from our amazing Discord community, so be sure to let us know how we can do better!
In addition to the native blockchain tokens and NFTs on the Internet Computer, you can now select user created tokens from a list of available assets. This will be useful for new tokens launching on the IC like the upcoming Earth Bitcoin, a carbon neutral version of Bitcoin with smart contract as well as future blockchains that will be integrated into Earth Wallet.
One of the most underused features of the Internet Computer is its native stablecoin, pegged to the international monetary funds Special Drawing Rights (SDR). To pay for compute, storage, and bandwidth costs on the IC, users can convert ICP tokens into Cycles which maintain a peg of 1T cycles to 1 SDR. This gives node operators a stable income which does not fluctuate with the price of ICP, but also opens up the ability for DeFi developers to build ontop of a native stablecoin pegged to a basket of fiat reserve currencies.
Earth Wallet now offers a new way to convert and self-custody your ICP directly to SDRs with the new swaps page. This is currently only a one way swap, however we plan to add additional functionality soon to swap between SDRs and other assets like BTC and other tokens on the Internet Computer. This will open the door for Bitcoin holders to swap between BTC and a stablecoin with near instant settlement, low fees, all while remaining in full control of your assets on a self-custody wallet!
We have a number of new features ready to go and are excited to share them with our early users, so be sure to download the updated version from the Chrome store and let us know what you think on our Discord or Twitter. As always, we appreciate the support!