Cardano Developer IOG Releases Lace Wallet, Boosting ADA Ecosystem

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Cardano Developer IOG Releases Lace Wallet, Boosting ADA Ecosystem
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Users can stake $ADA tokens directly from Lace to contribute to the security of the Cardano network and receive rewards for their participation. By shauryamalwa

Lace is a browser-based wallet similar to the popular MetaMask product. It allows users to access the Cardano network directly and use Cardano-basedUsers can send and receive Cardano digital assets like ada , Cardano NFTs and Cardano-native tokens using Lace. They can also stake ada directly from the wallet to contribute to the security of the network and receive rewards for their participation,

Lace will let users send multiple assets to different addresses in one transaction – with one transaction fee – through a new 'bundle transaction' feature, which groups transactions into one bundle to save costs. Developers said they expect to add fiat-to-crypto on-ramps, a dapp store, in-wallet swaps and staking enchantments in future releases. tools and be incentivized for using services on any blockchain, which may boost the token ecosystem for that network as it attracts money hunting for opportunities that may have weaned out on other networks.

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