DARCwallet Upgrades to Support Ethereum / ERC-20 #ETH 💡

Konstellation & The DARC Token Shares #DARCwallet Upgrade to Include #ETH / ERC-20 Support and Functionality. Upgrade to be available in late February: 4.4.0

Key Updates Included in DARCwallet Upgrade (4.4.0)

  • ETH/ERC-20 Integration
  • Two-Way Swap: DARC-ERC20 <=> DARC-24B
  • XEM Functionality/Support Removal
  • Partial unstaking functionality (vs. staking total DARC amounts)
  • DARCwallet FAQ Updates (review in wallet via tool bar on left)

Key Questions: DARCwallet + ETH/ERC-20 Updates

Why is the Konstellation creating an ERC-20 version of DARC?

  • As we are continuously focused on creating disruptive technologies for financial services through blockchain, we’ve also come to appreciate that we will need to make bridges with the ethereum based #DeFi ecosystem as well. Even though we believe in the ultimate interoperability that the Cosmos Network ecosystem is continuing to build out through #IBC and Stargate, we also believe that have an ERC20 version of #DARC will be a critical catalyst in accelerating DeFI industry development
  • As the vision for DARCwallet is to be the hub for the entire Konstellation Network and DARC related DeFi activities, we believe that the having the Ethereum capabilities will be beneficial in growing the Konstellation Network
  • Additionally, as much of the DeFi ecosystem currently operates directly on Ethereum we believe building the primary interface while also working on the bridges through IBC are critical in the development path.
  • You are not required to swap your tokens to the ERC20 version and the DARCvault rewards will remain in place as planned until the launch of the Konstellation Network mainnet.
  • DARCwallet will continue its development as the primary interface for the Konstellation & The DARC Token ecosystem and the various DeFi projects that are being worked on in tandem with VegaX Holdings.
  • DARC (ERC20) is not only a potential liquidity path for the token but also a primary technology tool that will help us develop more DeFi capabilities which include innovation of #stablecoins and new ways to develop and trade synthetic assets.

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Konstellation Network (DARC)

Konstellation Network (DARC)

4.4K Followers

DARC is the fuel that drives the Konstellation Network, the infrastructure for the interoperable DeFi capital markets.