The wait is finally over soon, Cardanos's DeFi is about to explode. The GeroWallet is one of a few alternatives to choose from if you want to explore Cardanos DeFi. GeroWallet's native token $GERO has pumped in price and the wallet is finally out in beta. GeroWallet gives the users access to Cardanos DeFi with the features to receive, send and even purchase ADA directly. The wallet do also feature support Cardano native tokens which you can swap, even cross-chain. GeroWallet will try to reach the ultimate web3 wallet with a all-feature-included wallet, we will look deeper down the features GeroWallet will give us.
GeroWallet - Not a Ordinary Wallet, Much More...
GeroWallet aims to give it's users a easy experience enjoyable by both new users in DeFi as well as experienced users. The Cardano based wallet features multi-chain swapping support with an easy access to all dApps in Cardano's DeFi. The UI (User Interface) is smooth and easy as said and will provide you with tools for the best experience. Not only can you send, receive, swap native Cardano tokens you'll have easy access to stake them to. The wallet support direct purchase of tokens for fiat making the wallet the only place you'll need for the Cardano DeFi.
Liquidity locking is another feature you can use directly for more gains in the tokens you hold. The wallet will support hardware wallets from 3rd party making GeroWallet the main choice for people holding and using hardware wallets. GeroWallet will further down the development offer interest on assets simliar to other ledning protocols to get even more profit from you holdings. Some other features coming in 2022 is synthetic assets and futures contracts.
Will GeroWallet be the ultimate wallet for the new and loved DeFi of Cardano?, the chances are stong.
$GERO The Native Token Of GeroWallet
GERO is a ERC20 token which will be available on Cardano using a bridge (Alonzo fork). You can buy GERO at Uniswap at the moment. To hold GERO is a wise option due to it's features. You can stake GERO in the wallet to gain some advantages which is decided on a tier system, the more tokens the more advantages. You'll get some rebate on all different services features in the app that you can use, you'll get some profits from the fee's collected in the wallet which is shared alongside everyone staking GERO.
If you collect enough GERO can you get in the premium tier, here will you get some features only available for those in this tier. Some of them is analys tools, alerts and tracking with more. GERO is alos a governance token and everyone holding it is eligible to vote on proposals and decide the directions for future developments.
There will be a total supply of 500 million GERO tokens, a good amount of that supply is vested for different time periods. This what I think to hold a higher value of GERO and ensure the future of the wallet and it's ecosystem, making the pump N crash easier and smother. One good thing about GERO is that 30% of it's total supply is for community rewards vested for 54 month, making the community stronger and bigger.
Other Notes
GeroWallet is for sure a wallet with many features and even more to be implemented. We haven't seen the DeFi of Cardano yet when it's fully developed which will take a while. But I'm sure GeroWallet will be the main wallet for Cardano's DeFi just like TrustWallet or METAMASK is for BSC and Ethereum blockchain. I will further down at the bottom of the article paste some airdrops from some of the the big projects on Cardano, join in if you like and get some fresh native Cardano tokens.
Useful Links
GeroWallet website, click here.
GeroWallet Twitter page, click here.
GeroWallet Telegram chat, click here.
GeroWallet Medium Page, click here.
GeroWallet Litepaper, click here.
Thank you for reading and all support!
Some airdrops of Cardano native projects ? Some other must to have projects!
- FlanoSwap, the first DEX & AMM on Cardano blockchain. Get the airdrop of 15 FLAN tokens + more!, don't forget to do KYC! To proceed to airdrop click here.
- Revuto a subscription focused dApp based on Cardano, you can still get in on the second airdrop of REVU tokens, download REVUTO app and register with invitation code: rasmu85rpgtmfr and you'll get some free REVU tokens and you have a good chance of collecting even more!
- Remitano investment platform with it's token RENEC that will power the whole Remitano's network and new DeFi build on RENEC. The blockchain and DeFi will have low transaction fee's and smart contracts, you can thru their app mine RENEC and do quests to earn USDT!. This is a very interesting projects! with lot's of profit to pick up! I will write an article about this project soon. You can click here to register after you have finished download the app and log in and start to mine RENEC!, Just think if you had the chance of getting ETH or BNB when it first come, well here do you have exactly the same chance of getting RENEC which will fuel the whole DeFi and act as gas (Transaction fee's)
- The first mobile app ICO, Fortune Network. Download the app Fortune network and start collecting Fortune tokens. You will get Fortune tokens thru "mining" sessions every 24th hour. You will aslo get Fortune tokens thru education(works a bit like Coinbase, learn and ,quiz) and community growth. Take the chance and build a fortune with the Fortune token, there a whole ecosystem is under development, Fortune network is just out and is time limited (Fortune token is a ERC20 token, bridges to other blockchaisn will be made later), join early to get as many Fortune tokens as possible . You can use invitation code: RALLE121WT
