Answering Questions About Our New Cardano Lite Wallet Integration

Summary:

  • We will submit Revuto app update with an integrated Cardano native wallet supporting REVU, allowing all users to create their Cardano wallet. In this blog post, find out:
  • What Community Sale investors will be able to do;
  • How to create a Cardano wallet within the Revuto app and how to claim REVU;
  • How does the wallet work within the Revuto app and more about the Revuto wallet specifications

Next Steps for Cardano Lite Wallet Integration

Based on the inquiries we’ve received, here are the steps you should know about.

  • If the Community Sale investor decides to claim his REVU tokens, we’ll add additional ADA to the wallet, enabling them to withdraw REVU tokens free of charge
  • very secure and robust non-custodial crypto wallet allowing users to control their money (your keys, your money)
  • by entering mnemonic, users can restore Revuto wallets within the Revuto app
  • ready to support all Cardano Native assets but we’ll start with ADA and REVU

How to Create a Cardano Wallet Within the Revuto App and How to Claim REVU

When creating a wallet, users are given a 24-word seed phrase (mnemonic) at the outset and a deposit address is generated with public and private keys. We cannot impress upon you enough just how vital it is to store your mnemonic safely; those 24 words are quite literally the only means by which you will be able to restore your wallet in the future!

Wallet Guidelines: How does the Cardano wallet in the Revuto app work?

The wallet balance is showing ADA and REVU only. We’ll support other Cardano native assets with the time.

A Few Final Points

• 1.44 ADA + 0.18 ADA transaction fee is required for every transaction but the 1.44 ADA will not be lost; it will be received at the deposit address. Also, when receiving ADA and/or REVU to the wallet, the user will always get the amount of ADA or/and REVU sent, plus 1.44 ADA.

In case you missed:

📣 Previous Medium article —Laying Down the Law: Clarifying Our Anti-FUD and Anti-Spam Policy

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