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Adding support for Celo

Adding support for Celo

We are happy to announce that imToken is now offering full support for Celo. Our non-custodial iOS and Android wallet lets users experience DApps on Celo and handle their assets with full control. Celo recently announced the ‘DeFi For The People’ initiative with industry heavyweights Aave, Curve, Sushi, PoolTogether, 0x, UMA, and others as a show of support for growing the ecosystem. The latest version of imToken lets users manage their asset balances,  monitor all tokens with prices, and send and receive them—just as they do from browser wallets. On top of that, users can view tokens prices and watch their portfolio grow. And to experience DApps like Ubeswap, Moola Market and PoolTogether, users can simply enter the long list of Celo DApps right in the wallet. To start using Celo and Celo dApps on imToken follow these steps Start using Celo on imToken To get started, download the latest imToken from Google Play, Apple App Store or directly at https://token.im/. Entering the wallet and switching to ‘Celo’ in the menu on the top opens the wallet as well as the DeFi portfolio. Clicking the ecosystem button on the main page, that brings the user to their favorite DApps on Celo chain.  Let’s take UbeSwap as example ~ After you enter the Celo ecosystem, click “Connect Wallet” to connect your wallet with DApp. Now you can start to do the action, like swap, adding liquidity, farm on DApp.  DeBank’s support:  In addition, Celo has also reached a partnership with DeBank, a leading DeFi project information collection platform. Users now can easily review Celo transaction and DeFi data information in real-time through the built-in DeBank. About Celo Celo is a mobile-first, open-source ecosystem of technologies, organizations and individuals that all share a common mission of building a financial system that creates the conditions for prosperity for everyone. The Celo ecosystem includes a decentralized, Proof-of-Stake blockchain technology stack (Celo Platform), a native asset (CELO), stablecoins (cUSD, cEUR), and the Celo Alliance for Prosperity, with over 150 organizations around the world, including Deutsche Telekom, PayU, Opera, Andreessen Horowitz, Anchorage, Coinbase, GSMA, Grameen Foundation, Prosegur, Abra, and cLabs, a service organization dedicated to growing and developing the Celo ecosystem. For more information, please visit: celo.org About imToken imToken is a decentralized digital wallet used to manage and safeguard a wide range of blockchain- and token-based assets, identities and data. Since its founding in 2016, it has helped its users transact and exchange billions of dollars in value across more than 150 countries around the world. imToken allows its users to manage assets on 20+ mainstream blockchains, as well as seamlessly connect with DApps via a decentralized applications browser. Download imToken: Google Play | Apple App Store Follow us: Twitter | Support | token.im
2021-11-19
imToken supports Swapr on Arbitrum

imToken supports Swapr on Arbitrum

Available on Ethereum mainnet and xDAI, we now also support Swapr on the Arbitrum layer 2 We have been ramping up our support for Layer 2’s, with our native support for zkSync, Arbitrum and Optimism. We here to introduce one Arbitrum DApp to use in imToken: Swapr, the AMM fork of Uniswap governed by DXdao. The Swapr team has been supporting Ethereum mainnet for a while, but also pioneered the xDAI chain, a chain powered by MakerDAO’s DAI stablecoin. On xDAI they gathered a total liquidity of $7 million, which is quite impressive for a project building on top of an Ethereum side chain. Recently, Swapr announced their token on Arbitrum, following a growth in assets over there as well: Up to $27.45 million, which should be account for around ~1% of Arbitrum’s current >$2.77 billion in total value locked (see https://defillama.com/protocol/swapr and https://l2beat.com/projects/arbitrum/). How to use Swapr on imToken To use Swapr in your imToken wallet, open the app, switch to Arbitrum (or xDAI or Ethereum mainnet), enter the DApp browser and search for Swapr. Download imToken to check out Swapr! Google Play | Apple App Store Follow us: Twitter | Support | token.im
2021-11-19
imToken and FOMO Pay announce strategic partnership

imToken and FOMO Pay announce strategic partnership

Asia’s largest crypto wallet, imToken, and Singapore major payment institution FOMO Pay, jointly announce a strategic partnership   Singapore, November 8, 2021 - imToken, a world-class blockchain technology company in Singapore best known for its reliable decentralized crypto wallet, and FOMO Pay, a Singapore-headquartered major payment institution, which has been granted the first Digital Payment Token (DPT) Service licence by the Monetary Authority of Singapore (MAS), jointly announce a strategic partnership to integrate blockchain technology into payment solutions and other services for consumers and businesses.    Crypto innovation and blockchain technology are widely regarded as the next generation of digital finance. The MAS has emphasized its priority to be well positioned for the “economy of tokenization” that may come. It is necessary to overcome the gaps around compatibility, compliance and interoperability with traditional finance. The cooperation between imToken and FOMO Pay creates the exact synergy needed to help bridge the gaps and accelerate new financial paradigms in Singapore and beyond.   Bin He, Founder and CEO of imToken, said, We are thrilled to be partnering with FOMO Pay to provide next-gen payment and non-custodial wallet services under Singapore’s regulatory regime. Since our inception 5 years ago, imToken wallet has been trusted around the world and we continue to work hard to make blockchain technology more intuitive and accessible to everyone. With FOMO Pay’s digital payments vision and diverse merchant network along with imToken’s trusted brand and blockchain know-how, we are confident to integrate blockchain, digital assets and payments to improve financial efficiency and convenience to everyone’s daily life.   Zack Yang, Co-founder at FOMO Pay said, As the first DPT licensee in Singapore, we are glad to announce our partnership with imToken to empower our clients with next-gen payment and non-custodial wallet services. Since 2015, FOMO Pay has been consistently focusing on enabling digital payment to foster financial inclusion. With imToken’s world-standard technology, we are now able to further expand our product offering to blockchain space. We believe that this partnership will bridge the gap between the traditional financial system and Web 3.0 on financial services, and bring the benefits of payment technology innovation to society.   About imToken Singapore-based decentralized digital wallet imToken is used to manage and safeguard a wide range of blockchain and token-based assets, identities and data, to build the most intuitive and reliable digital wallet that gives equal access to everyone to the tokenized world. Since its founding in 2016, it has helped its users transact and exchange billions of dollars in value across more than 150 countries around the world. imToken allows its users to manage assets on 12 mainstream blockchains, as well as seamlessly connect with DApps via a decentralized applications browser. For more information, please visit official website: https://token.im About FOMO Pay FOMO Pay Pte Ltd (“FOMO Pay”) is a major payment institution (License No. PS20200145) in Singapore, licensed by the Monetary Authority of Singapore to conduct Cross-border Money Transfer Service, Domestic Money Transfer Service, Digital Payment Token Service, and Merchant Acquisition Service. Founded in 2015, we have become a leading one-stop digital payment solution provider, enabling merchants and financial institutions with a comprehensive suite of payment methods in emerging markets across Southeast Asia, Africa and the Middle East, including the acceptance of card payment, QR payment and upcoming crypto currency which has surged as regulators push an agenda for cashless society and financial inclusion. The company has been trusted by over 10,000 clients. FOMO Pay is also one of the founding members of the Singapore Quick Response Code (SGQR) taskforce, contributing to creating the national standard to unify all e-wallets and moving towards promoting a cashless society in Singapore.
2021-11-26
Supporting Avalanche on imToken

Supporting Avalanche on imToken

We are happy to announce that imToken is now offering full support for Avalanche via EVM integration. The non-custodial iOS and Android wallet let users experience DApps on Avalanche and handle their assets and DeFi portfolio in one place. The latest version of imToken lets users watch their asset balances, to watch all tokens with prices, to send and receive them just like they are used to from browser wallets. Moreover, Avalanche is launching its #RUSH campaign to empower more DApps in the ecosystem, giving an incentive of mining grant and airdrop program from the Avalanche Foundation that seeks to deploy decentralized finance applications on the Avalanche platform. Thus, users are able to view their DeFi protocol such as Aave and Curve since the program is planning to bring them into Avalanche. And to browse Avalanche DApps, users can simply search the long list of Avalanche DApps right in the wallet and start experiencing new DApp in the ecosystem. About Avalanche Avalanche is one of the fastest smart contracts platforms in the blockchain industry, as measured by time-to-finality, and has the most validators securing its activity of any proof-of-stake protocol. Avalanche is fast, low cost, and green. That’s why Avalanche promises smart contract-enabled applications to be able to outperform its competitors by deploying on Avalanche.  About imToken imToken is a decentralized digital wallet used to manage and safeguard a wide range of blockchain- and token-based assets, identities and data. Since its founding in 2016, it has helped its users transact and exchange billions of dollars in value across more than 150 countries around the world. imToken allows its users to manage assets on 20+ mainstream blockchains, as well as seamlessly connect with DApps via a decentralized applications browser.
2021-09-26
imToken on security: How to tell if a website or an App is not fake?

imToken on security: How to tell if a website or an App is not fake?

You might have read our recent series on crypto scams - for example part 3 on fake apps.  Today our security team prepared a tutorial on how to spot fake websites and apps. Read on to learn more.   Stay safe in app stores When downloading an app like imToken, you might go to the Google Play Store or Apple App Store. When visiting one of those two app store, simple tips can help you to stay safe: Search for the app name and be careful if you find multiple apps, because usually only one is real and fake apps try to look similar to real ones An app with many reviews and downloads is less likely to be fake, because fake apps will be taken offline before getting many downloads If you don’t download from the two big app stores, be careful, because smaller app stores are - generally speaking - less safe. Why? Because in our security team’s experience, they are less strict in taking down fake apps. If you don’t download from app stores at all, you might use an official website - such as imToken’s https://token.im/ . In this case, here are our recommendations:   Three steps to tell if a website is real and safe Make sure that the domain name you entered in the browser is: https://token.im/Note: Be sure to use HTTPS instead of HTTP. Make sure there is a security icon such as 🔒 or 🛡 in front of the domain name. Click the security icon, the website is real and safe if the pop-up shows “Connection is secure”. Otherwise, the website is fake and you can contact us via support@token.im. We’ll get you the help you need. Before downloading imToken, please make sure you have completed the three steps.    How can I verify the authenticity of an imToken APK file I downloaded? If you downloaded an imToken APK file through a third-party website or a friend, please check the authenticity of the APK by checking its hash before installing it.  The SHA-256 of a file is a kind of digital fingerprint which ensures that data is not modified or tampered with. The simplest way is to get the SHA256 through online tools. Move the APK file to desktop Open the website: https://emn178.github.io/online-tools/sha256_checksum.html Click “Drop File Here” and upload your APK file to get the result Compare the SHA256 of the APK file with that of different versions of imToken listed in the table below. If the result is identical to the SHA256 in the table, it can be said that your APK file is original and safe.If you encounter any problems during the process, please feel free to contact us via support@token.im   Mac users Move the APK file to desktop Open Terminal (default path: Launchpad - Other - Terminal) and enter cd desktop/ Enter shasum -a 256 + the name of the file, and press “Enter” to get the SHA256 of the file. Compare the SHA256 of the APK file with that of different versions of imToken listed in the table below. If the result is identical to the SHA256 in the table, it can be said that your APK file is original and safe.If you encounter any problems during the process, please feel free to contact us via support@token.im Windows users Move the APK file to desktop Open the command line tool(press Win and R, enter CMD, press Enter) and enter cd desktop/, press Enter Enter certUtil -hashfile + the name of the file + SHA256, and press “Enter” to get the SHA256 of the file. Compare the SHA256 of the APK file with that of different versions of imToken listed in the table below. If the result is identical to the SHA256 in the table, it can be said that your APK file is original and safe.If you encounter any problems during the process, please feel free to contact us via support@token.im APK from our official website APK from Google Play 
2021-11-29
How to use Uniswap V3 on imToken?

How to use Uniswap V3 on imToken?

In November 2018, Hayden Adams, founder of Uniswap, launched its initial version, which only supported users to create ERC20-ETH pools. In May 2020, Uniswap launched v2, featuring the addition of ERC20/ERC20 liquidity pools. In less than a year since its launch, v2 has facilitated over $135 billion in trading volume. A year later, Uniswap, which spearheaded the first AMM era, launched v3 in May of this year with two main changes: concentrated liquidity and multiple fee tiers.   Concentrated liquidity In Uniswap v2, liquidity is distributed evenly along an x*y=k price curve, with assets reserved for all prices between 0 and infinity. For most pools, a majority of this liquidity is never put to use. In Uniswap v3, LP’s can concentrate their capital within custom price ranges, providing greater amounts of liquidity at desired prices. In doing so, LPs construct individualized price curves that reflect their own preferences. Notably, LP positions will be represented by non-fungible tokens (NFTs) in Uniswap v3 due to users’ different preferences for price range.   Multiple fee tiers Uniswap v3 offers LPs three separate fee tiers per pair — 0.05%, 0.30%, and 1.00%.  The team behind Uniswap expects like-kind asset pairs to congregate around the 0.05% fee tier and pairs like ETH/DAI to use 0.30%, while exotic assets might find 1.00% swap fees more appropriate. In doing so, LPs will be appropriately compensated for taking on varying degrees of risk.  Note: The following tutorial takes the Chinese interface as an example, and the English interface is operated in the same way.   How to swap? 1. Search Uniswap on the imToken "Browser" page and open it. 2. Click "ETH" and "Select a token" to select the coins you want to swap. 3. If it’s your first time to trade a certain currency, please authorize that currency first. Take USDT-ETH as an example, click "Allow the Uniswap Protocol to use your USDT" to authorize the transaction, and then click "Next" to confirm. After the authorization transaction is sent, "Pending" will be displayed in the bottom left corner of the page, indicating that the transaction is waiting to be processed. 4. After successful authorization, Uniswap will display "You can now trade USDT". Enter the number of tokens you want to trade, then click "Swap" - "Confirm Swap" and confirm the transaction. 5. After the transaction is complete, you can see the asset update when you return to the imToken asset page.   How to add liquidity? 1. Click "Pool" - "+ New Position", select the token you want to add and select a fee tier, 0.05% for stable pairs, 0.3% for regular pairs and 1% for more exotic pairs. 2. Set a price range and you can earn fees as long as the price stays within that range.  Please note: If market prices move outside your specified price range, your liquidity will be removed from the pool and is no longer earning fees.  In this state, your liquidity is composed entirely of the less valuable of the two assets, until the market price moves back into your specified price range or you decide to update your range to account for current prices. So, it is recommended to set a wider price range. 3. Set the deposit amount. If it’s your first time to deposit a certain currency, you need to authorize that currency first. Take USDT as an example, click "Approve USDT" to authorize, and then click "Add" after the authorization is complete. 4. Click "Add" again and wait for the transaction to be processed. Upon success, you can see your positions on Uniswap's pool page. 5. Click "In range" to see the NFT,i.e. your liquidity credential, which is a dynamic image showing information such as pair, fee tier, ID and price range. 6. Return to the imToken asset page and click "Collectibles", then you can see the NFT obtained by depositing tokens in Uniswap v3: UNI-V3-POS. Please note that you should not sell this NFT, as it is a credential that you will use when you withdraw the deposited tokens. Note: The words "Come soon" in the image on the right do not affect the functionality of the Uniswap v3 NFT.   How to withdraw your deposited tokens? 1. Click "Remove Liquidity" and enter the amount of funds to be withdrawn. If you want to withdraw all the funds, click "Max", and then click "Remove". 2. Click "Remove", then click "Confirm" in the pop-up page. You need to wait for the transaction to be processed after it is sent. Upon success, you will get a notification on the Uniswap pool page. When you return to the imToken asset page, you will also see the updated asset amount. After liquidity is removed, you can still see the NFT representing the position on Uniswap and imToken, but the position will now show up as “Inactive “on Uniswap.   V2 to V3 migration guide Uniswap v3 offers a tool for LPs to seamlessly migrate existing Uniswap v2 and Sushiswap positions. 1. Click “More”-“Migrate”. 2. Select a Uniswap v2 or Sushiswap LP position to migrate. Then select the fee tier, set a price range, approve and add.    References: Introducing Uniswap V3 Liquidity Provider & Migration User Guide
2021-09-24
Ethereum 2.0: A Complete Guide

Ethereum 2.0: A Complete Guide

What's Ethereum 2.0 Eth2 refers to a set of interconnected upgrades that will make Ethereum more scalable, more secure, and more sustainable. With this upgrade, Ethereum will move from PoW to PoS, and introduce sharding. The Ethereum network will significantly reduce energy requirements, allow more transactions to be processed simultaneously, and improve network security. Eth2 will be phased in, and the Beacon Chain, the first major upgrade to Eth2, went live on December 1, 2020. You can read the official Ethereum 2.0 introduction to learn more about Eth2. Eth2 Roadmap   Recommended Readings ETH2 for Dummies Beyond the Beacon Chain: what's next for Eth2? What to Expect When ETH’s Expecting The State of Eth2, Jan 2021 [AMA] We are the EF's Eth 2.0 Research Team   Beacon Chain Launch date: December 1, 2020 We are currently in the Beacon Chain (formerly Phase 0). As the basis of the PoS consensus, the Beacon Chain provides a consensus foundation for the entire Ethereum network and paves the way for subsequent sharding upgrades.  Users can stake ETH now. However, it should be noted that staking ETH in the deposit contract of the beacon chain is one-way. Once deposited, the staked ETH and accumulated rewards can only be retrieved after Eth2 merges with Eth1.   Recommended Readings The Beacon Chain Ethereum 2.0 explainer you need to read first ETH2.0 Phase 0: basics for new contributors The pros and cons of different Eth2 staking solutions   Merge Estimate: 2021 When ready, Ethereum mainnet will "merge" with the Beacon Chain, becoming its own shard which uses proof-of-stake instead of proof-of-work. This will signal the end of proof-of-work for Ethereum and start the era of a more sustainable, eco-friendly Ethereum.   Recommended Readings A Proof of Stake Design Philosophy   Sharding Estimate: 2022 Shard chains spread the network's load across 64 new chains. Sharding will reduce network congestion and increase transactions per second by creating new chains, known as “shards”.   Recommended Readings How to Scale Ethereum: Sharding Explained   imToken & Ethereum 2.0 The following are the 4 common staking solutions currently available to participate in Eth2 staking:  Self-run node: Users take full self-control for running the client of  Eth1 and Eth2 to maintain their own node and receive the staking rewards. Full custody:  A trusted custodian controls your funds, but it allows users to stake small amounts  (less than 32 ETH) on it.  Custodial staking pool: It offers custodial staking pool and token to reward users who are staking. Solution of Custodial staking pool  provides the liquidity for ETH staking pool, which is based on the solution of full custody. Staking-as-a-Service custody:  Users keep their asset of ETH and control of staking reward to jointly manage and verify nodes with service providers through  2 private keys.   Having at least 32 ETH If you have at least 32 ETH and excellent technical skills, a self-run node will fit you.  However, running your own node can be difficult and you don’t always need to run your own instance. So if you don’t want to be bogged down in endless technical manuals, you can use the imToken Eth2 staking service. imToken 2.9.1 now has full support for Eth2 key generation and staking-as-a-service custody with InfStones, which guarantees the ownership and control of your assets through transparent node information. Meanwhile, you can rest assured about node operation, node validation and maintenance services.   Recommended Readings Become an Ethereum validator with imToken Eth2 staking   Alternatives in imToken Eth2 category Staked InfStones HashQuark Stake.fish RocketPool   Having less than 32 ETH It is recommended to choose a staking pool if you have less than 32 ETH, or aren’t willing to stake that much. Factors such as the service provider's brand, token mechanism and ETH discount should all be taken into account when choosing. Staking pools: Bifrost.finance RocketPool Lido  Stkr   Recommended Readings How to stake ETH on imToken   Tools Staking Rewards Calculator https://ethereumprice.org/eth-2-calculator/ https://beaconscan.com/staking-calculator Eth2 Upgrades https://launchpad.ethereum.org/ Explorers https://beaconscan.com/ https://beaconcha.in/ https://eth2stats.io/ Clients Lighthouse Nimbus Prysm Teku   FAQ 1. What are the benefits and risks of staking on the Beacon Chain? Benefits: You can earn at least 4.9% APR. Risks: The staked ETH may be slashed due to the misbehavior of the validator.  Meanwhile, the deposited 32 ETH and accumulated rewards will not be transferrable until the Ethereum mainnet is merged with the Beacon Chain, which means they will potentially be locked and non-redeemable for 1 year or longer. Some staking pools may provide a solution for illiquidity, then the safety of the assets will depend on the trustworthiness of the staking pool.   2. Is Eth2 a separate blockchain? Think of Eth2 as a set of upgrades being added to improve the Ethereum we use today. These upgrades include the creation of a new chain called the beacon chain and up to 64 chains known as shards. In a nutshell, Eth2 is the next generation of Ethereum, which aims to improve the scalability, security and programmability of Ethereum while maintaining decentralization.   3. How does the Ethereum mainnet relate to Eth2? The current Ethereum mainnet, Eth1, will merge with Eth2 and move from PoW to PoS.   4. How do I prepare for Eth2? You certainly don't need to do anything. Your ETH will not need changing or upgrading. There's almost certain to be scams telling you otherwise, so be careful. If you have any questions, you can contact us by sending an email to support@token.im.
2021-11-29
DApps and Their Risks

DApps and Their Risks

What is a DApp? A DApp, or decentralized application, is a software application that runs on a distributed network. It’s hosted on a peer-to-peer decentralised network, rather than on a centralized server. Currently, a lot of DApp are based on Ethereum and TRON. What are high-risk DApps?  High-risk DApps such as Forsage or Etherchain are those which have the bearing of a pyramid or Ponzi-scheme. Notable warning signs include the following: A guaranteed promise of high returns with little risk Claim to be decentralized and fully transparent, while they are not A consistent flow of returns regardless of market conditions Claim they are cooperating with well-known wallets, exchanges, while they are not  Face difficulties when removing their tokens  Get “rewards” with tokens every time someone joins under you Here’s a list of top 5 high-risk DApps running on Ethereum: Top High Risk DApps, Data from dappradar.com Crypto is full of opportunities, while there are always certain risks behind that. A high-risk DApp can run for a long time without many cracks. You may even have no idea who’s the real person behind it.  Please do your own research before investing in any DApp project. And more importantly, never investing more value into DApps than you can afford to lose.  What is the relationship between imToken DApp browser and those DApps?  When using the imToken DApp browser, some users assume that all these links are safe and they trust these DApp naturally. They even assume these DApps have a partnership with imToken. While it’s not necessarily true.  imToken DApp explorer is like Google search but in a decentralised way. You can enter any links at this explorer and you’ll be able to visit under normal circumstances. And you are responsible for using these third party DApps individually. Users have to pay attention to the DApp they are joining and contact them directly whenever you encounter problems. To protect our users, we add warm signs or block some DApps since they are high risks and running a Ponzi scheme. If you have found any similar DApps, please report them to imToken at hack@token.im.
2021-09-24
4 Tips to Keep Your Crypto Assets Safe

4 Tips to Keep Your Crypto Assets Safe

As we all know, imToken is a decentralized wallet. What does it mean? It means that the mnemonic phrase and private key are controlled by you completely - you are the only owner of the wallet. We have several tips to help you keep the asset safe.  1. Download The imToken Fans Group channel on Telegram is not an official imToken chat room. Some users have reported that there are scammers trying to reach them privately and send malicious download links. Please remember that imToken team will never contact you via pm, nor request your confidential information. For imToken support, always email: support@token.im To download imToken, always visit: https://token.im/ 2. Backup  By talking to 200,000+ users, we found that most people lost their coins due to the following reasons:  Forget to back up Back up the wrong mnemonic/ private key Save the mnemonic/ private key in iCloud, or any other cloud service Share it with friends or others  Here are some of the recommendations:  After creating a wallet, please backup your wallet offline in time Back up the wallet by handwriting, or use a mnemonic key box to save the backup Double check if the mnemonic phrase and private key are accurate Do not save the mnemonic phrase through cloud, Facebook, emails, etc Do not share the private key with others 3. Transfer  Due to the nature of the blockchain, you can never reverse a transaction once it’s successful.  When you try to send tokens, please double check if the address you copied is the right one, controlled by an individual or a contract. If the recipient is the token contract itself, those tokens may be lost forever! imToken will warn you when sending tokens to a contract address. 4. DApp - Ponzi Scheme  Another situation involving wallet security is the Ponzi scheme. Such projects often use high returns as the bait. The initiator recruits other ‘investors’ who in turn recruit other investors and so on. Behind the high return is always a high risk. Please be aware! Common Ponzi schemes include: Forsage, Etherchain, etc.  Smart contracts are autonomous, and effectively indestructible. If you find a suspicious dApp, please contact us at hack@token.im, our security team will check and add alerts whenever necessary. Although it’s good to be informed, we hope that you’ll never experience the unpleasant experience in the above.
2021-09-24

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