RayWallet

A light-wallet created by Ray Network with access to their suite of DeFi (when launched) inside the web wallet interface itself.

Ray Wallet was created by the Ray Network, who are creating a DeFi ecosystem on Cardano. Once launched their products will be accessible directly in the Ray Wallet interface. Ray Wallet is currently only available accessible as a web app, and can be downloaded through your browser to live on your computer. You can also use the browser on your smartphone to create a shortcut (looks like an app) to the web app on your device.

The Ray Wallet offers a simple and easy to use interface that displays network data, with multiple tabs for each of the Ray Network services soon to be accessible through the wallet.

Users of Ray Wallet can currently:

Send, receive, and store ADA, NFTs, and tokens
Stake ADA to a pool of their choice
Claim their Ray Network ISPO rewards
Connect multiple wallets, with different mnemonics, to the Ray Wallet app
Create up to 10 accounts, each with its own unique receiving address unconnected to the others in the same wallet
Send multiple transactions at one time, to multiple addresses, paying a single transaction fee to cover them all

Each Ray Wallet account has only one receiving address, meaning that all your transactions come into one address, reducing the ability to for someone to dissociate their transactions from one another.

Ray Wallet can be encrypted and stored (locked) on your device using a one time password that you create each time you lock the wallet. If you chose not to do this the app will forget you wallet as soon as you exit the page. Even when your wallet is locked your balances are still visible to whomever is viewing the wallet, but the password is needed to create transactions.

Industry

Wallets

Light Wallet

Tags

Testnet

Non-custodial

Web-based Wallet

Open Source

Delegate Stake

Author

builtoncardano

Viewpoints

Add Viewpoint

Links

Project Website

Glossary

Wallets

If you’re searching for where to store Cardano, ada, you’ve come to the right page. The best cardano wallet is a hotly debated topic in the Cardano community, and there are many types of Cardano wallet, all listed here, available to users. The only Cardano desktop wallet available is Daedalus, a full node wallet that downloads the complete Cardano blockchain, ~100GB.

By far the most popular type of wallet is a Cardano light wallet and there are many of these for you to choose from. The second most popular type of wallet is a Cardano web wallet. Most Cardano wallets will show the Cardano price, and a few have even the integrated the ability for you to buy Cardano, ada, directly in the wallet!

Almost all the wallets listed above allow you participate in the Cardano staking protocol, Ouroboros, where you can help to secure the network and earn passive income in the form of staking rewards. Many of the wallets listed above will also allow you to search for which pool to stake your Cardano, ada, to right in the wallet itself.

Finally, there are multiple Cardano cold storage wallets for you to choose from. There are five hardware wallets that offer native support for where to store ada, and two of them, the Ledger and Trezor are supported by multiple light wallets allowing you to use your favorite interface to keep your coins secure in cold storage.

NFT

If you’re looking for a Cardano NFT then you’ve found the place for you! listed here are all the projects that feature NFTs in some form on Cardano. NFTs are no longer just the PFP collections that made them famous, although many do still exists and you can find Cardano NFT projects here, NFTs are assets with multiple different types of utility, depending on which project’s NFTs your buying.

A Cardano NFT is a native asset on Cardano which means that, unlike on other (specifically EVM-based) chains, an NFT is not managed by a smart contract, meaning that it behaves and is managed differently to the chain’s base asset, ada. On Cardano NFTs behave the same as the chains base asset as they are native to the chain.

On this page you’ll find everything from Cardano NFT projects to DeFi projects and decentralized identity (DID) solutions that have incorporated NFTs, to the Cardano NFT marketplaces you can use to purchase NFTs.

DeFi

Here are all the Cardano DeFi projects complete with descriptions and tags. If you’re looking for a Cardano DeFi exchange, a lending protocol, a launchpad, a Cardano stablecoin, or platforms on which to tokenize real world assets then you’ve come to the right place. The Cardano DeFi ecosystem is maturing and, as it does, we will continue to list the new Cardano DeFi projects here. If you look at Cardano in 5 years this list will be substantially different, some projects will have left it, but many many more will have been added.

If you’re looking to simply swap Cardano native tokens then a Cardano DEX is your best choice. If you’re looking to utilize your crypto holdings for a loan then take a look at all the Cardano lending and borrowing platforms on offer and choose which one fits your needs. There is much more utility in the Cardano DeFi world and we invite you to explore it here!

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