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Frequently asked questions

Lars
By Lars
8 articles

One SEED - One Waves Address

If you enter a set of words, you will always recover the same wallet. If any of those words are different from your original wallet, you will instead recover an empty wallet. If you are sure you are using the correct recovery phrase, it may be one of the several typical cases where users can make a mistake. Most probably it's because you imported an incorrect SEED passphrase. By default Waves SEED always contains 15 English words with spaces between each word. Except for the beginning of the first word and the end of the last word. For example: uncle push human bus echo drastic garden joke sand warfare sentence fossil title color combine It will always generate the same Waves address: 3P9KR33QyXwfTXv8kKtNGZYtgKk3RXSUk36 So, please make sure that you are importing the correct SEED phrase, because even a single character will generate a completely different Waves address. As shown in the screenshot below, you may notice how Waves address has changed after incorrect importing of a few words: Usually, there is only a small discrepancy between the word you have written down and the actual word of your backup phrase. To determine the correct word match, you may just need to match it to the most similar word actually used in waves wallet backup phrases: For the full list of the words used in waves wallet SEED phrases, you can view the following list: https://github.com/bitcoin/bips/blob/master/bip-0039/english.txt If you have any questions related to WX Network, feel free to contact us. tags*: waves address seed phrase restore recover empty wallet

Last updated on Dec 23, 2024

The WX Network fees

Any transaction within the Waves blockchain demands the network fee payment. Besides, some transactions require the service fees to be paid like transactions of transfers into the different blockchains or suggesting tokens for voting. Some of these fees can be paid with the sponsored tokens. We take a closer look at the different transactions which require the fee payment in this article. Trading fees The most common transaction on the Waves blockchain is an exchange transaction (trading transaction). An exchange transaction is a record in the blockchain about two orders matched one with each other by a matcher/exchange. When the user's order is executed, the order creator is charged a trading fee of 0.1% of the order value in highly liquid pairs and pairs with USDC-BEP20, WAVES, USDT, USDC, WX, USDC-ERC20, ETH, USDT-ERC20, WBTC, USDT-BEP20 (but not less than the equivalent of 0.01 WAVES) or 0.01 WAVES in other trading pairs. In addition, in some trading pairs, the commission is reduced to 0.005 WAVES per order. Such trading pairs are located in the "Low Fee" section on the right side of the Spot market. You can check comission in any trading pair on the "Fees Types" tab. Also, WX Network users can exchange tokens via Swap service. Using it, you pay a protocol's fee 0.4% (for the most pairs) and network's fee 0.005 WAVES. Transfer fees In addition to exchange transactions, WX Network users do often make transfer transactions. They can transfer their cryptocurrencies to another Waves address or use a cross-chain service and transfer them outside the Waves blockchain. If the transfer is carried out within the Waves blockchain, the sender should choose whether the tokens are transferred to a single Waves address or several Waves addresses simultaneously. To transfer a token from one Waves address to another Waves address, the network fee in the amount of 0.001 WAVES has to be paid (or it can be paid by a sponsored token). When the token is transferred to multiple addresses the commission is 0.001 WAVES + 0.0005 WAVES for each recipient address. If the cryptocurrency is added to the PepeTeam Bridge, then it can be transferred between the WX Network (which based on the Waves blockchain) and third-party blockchains. For such a transfer, a bridge fee and a network fee are charged. Fees for investment WX Network provides its users with the opportunity to earn passive income from investing in a great variety of investment products such as Liquidity Pools, LP Staking, Lambo Investments, WAVES Staking. Since an investment operation is a transaction in the Waves blockchain, a network fee of 0.005 WAVES is charged for each one (or it can be paid by a sponsored token). The only exception is WAVES staking, the commission for investing there is 0.001 WAVES. The same fees are charged for the token withdrawal from investments as for investment operations being transactions in the Waves blockchain as well. Some investment operations require two transactions when investing or withdrawing tokens from an investment product, such as Lambo Investments, LP Staking and Liquidity Pools. Each of these transactions require a fee of 0.005 WAVES. Investing and withdrawing from liquidity pools using one token require to pay an additional fee: 0.15% of the investment transaction amount and 0.25% of the withdrawal transaction amount. ​ Token management fees One of the most popular features of the Waves blockchain, which has been supported and significantly developed by WX Network, is the token creation and management. Creating a token with WX Network takes no more than 5 minutes and does not require programming knowledge. The commission fee for creating a token is only 1 WAVES. The created token can immediately be traded on the internal Spot Exchange market right after its creation. In addition, the token can be verified by voting to increase the trust of other users in the project. To start a verifying process a network fee of just 0.005 WAVES has to be paid (or it can be paid by a sponsored token) as well as a service fee whose depends on the voting perioв (71.43 WX per day). A successful token verification phase will allow the creation of a liquidity pool with this token to attract users' attention to the token and the project behind it. The commission fee for creating a liquidity pool operation with a verified token is 0.005 WAVES (or it can be paid by a sponsored token) and 1000 WX. In addition, the token can be burned and reissued, its name and description may be changed. Also, you can set a sponsorship on your token. Each of these operations cost 0.001 WAVES. Alias creation fee The Waves blockchain provides quite an unusual but useful option of creating an alias. Any WX Network user can create an alias for his account address and provide it to the sender as the recipient address which is easy to remember. An alias can be either the name of the project or the name of the account owner or contain any other information. The fee for creating an alias is 0.001 WAVES. If you have any questions related to WX Network, feel free to contact us. tags*: get waves pay trading fee transferring fees investment invest commission

Last updated on Dec 23, 2024

DeFo tokens' management

Highlighted topics: - Intro - How to unstake DeFo token - How to swap DeFo token to XTN - How to swap XTN to DeFo token - How to withdraw XTN token from Neutrino pool Intro Since the Neutrino team decided to gradually phase out DeFo project, we are removing DeFo staking, DeFo swaps and Neutrino pools from the WX Network site. If you cannot unstake your DeFo tokens, swap them or withdraw XTN from Neutrino pools via WX Network site, please follow the instructions below. How to unstake DeFo token Go to the waves-dapp.com and log into the account you used to stake DeFo tokens. Then enter the DeFo staking smart contract address - 3PFhcMmEZoQTQ6ohA844c7C9M8ZJ18P8dDj - into the Search for Smart Contract field and press Enter. Fill in the fields in the stopStaking section: - in the unlockAmount field, enter the amount of the staked DeFo token (without decimals) you want to unstake (just multiply amount of staked token by 1,000,000), - and in the assetIdString field, enter the DeFo token’s ID you want to withdraw from staking. After filling in the form, click on the Invoke button in the stopStaking section and confirm the transaction. Additional information: DeFo tokens’ IDs: EURN - DUk2YTxhRoAqMJLus4G2b3fR8hMHVh6eiyFx5r29VR6t RUBN - eWeMD5KNeuRaALCAb4uuJKtAvon2JcTyXQyoBMhuN2X CNYN - 9LNqjybyCX1oexCub4yY7hdJf6aeP4HeV5LpsjcNHwRR JPYN - 8inca5fv4xr6KZtRMRPYr7vADfk8fd6G2z1gMoRkbUYS UAHN - 8zKqZF6asB6yiK8rv9nMUkJ7wAVBJndSmkC7SXJhRrM3 NGNN - 5NmV5VAhkqormdwvaQjE54yPEkNwSRtcXxhLkJbVQqkN BRLN - DxFwXxS1r3uZ2QEiSqhe6uoXMJBsz4ShLtHvr4HDzNri GBPN - DhaaqiG8xz8njeBuMtTM2G6avg9Jdhfrxw5onm5GaXx1 TRYN - DGbqkzM6Ds5NAF2B3GHYfyZRmWKt7xLYRYcwpMm7D6V4 If you don’t remember which DeFo tokens you staked, use this API request to check all your stakings - https://nodes.waves.exchange/addresses/data/3PFhcMmEZoQTQ6ohA844c7C9M8ZJ18P8dDj?matches=%25s%25s%25s__stakingBalance__.*__YourWavesAddress Just replace YourWavesAddress with your Waves address, paste the request to the browser search filed and press Enter. Received data include info about all your stakings. The staking amount can be found in the value field (don’t multiply it by 1,000,000 before entering to the "unlockAmount" field on the waves-dapp.com) and DeFo token’s ID can be found in the key field. How to swap DeFo token to XTN Go to the waves-dapp.com and log into the account you have DeFo tokens. Then enter the address of smart contracts in the Search for Smart Contract field (depending on which token you want to swap to XTN) and press Enter. In the sellAsset section, click on the Attach payment button, select the token you want to swap and enter its amount you want to swap to XTN. Finally, click on the Invoke button in the sellAsset section and confirm the transaction. Additional information: Waves addresses of DeFo’s smart contracts: EURN - 3P7Uf5GF5feqnG39dTBEMqhGJzEq3T7MPUW UAHN - 3PMsU5VCcFrFnpKMh9EMMCYhjjiYTMNpMTa CNYN - 3PPeM6UjZWjAkJDuuKoocZLwDcpyiSWNxWA JPYN - 3PPsoLQYRjvhQTfLYnaEm6BVeJLznBFrwZK RUBN - 3P5fnEVxY8DFCNqfigRqFJRCjBAUbpP6Rr4 NGNN - 3PMboKcJ3q7o5VS2BfxQ7VxntsN5iiaDh1b BRLN - 3P24H3bZrLHSRYFaUr7tFgUpL6Eic55Mv2b GBPN - 3PMVZ6LtKhvcwnYB5p1e7JmhUKLUcNbdKFg TRYN - 3P2xtvqBiofPU7aCrrT2iX3GXLNVodq8tUk How to swap XTN to DeFo token Go to the waves-dapp.com and log into your account. Then enter the Neutrino contract address - 3P7Uf5GF5feqnG39dTBEMqhGJzEq3T7MPUW - into the Search for Smart Contract field and press Enter. In the buyAsset section, click on the Attach payment button, sprcifi XTN ID (DG2xFkPdDwKUoBkzGAhQtLpSGzfXLiCYPEzeKH2Ad24p) and enter its amount you want to swap to DeFo. Finally, click on the Invoke button in the sellAsset section and confirm the transaction. How to withdraw XTN token from Neutrino pool Go to the waves-dapp.com and log into the account you used to invest XTN in Neutrino pools. Then enter Neutrino pools’ smart contract address - 3PQEjFmdcjd6wf1TrpkHSuDAk3zbfLSeikb - in the Search for Smart Contract field and press Enter. Fill in the fields in the redeemFromPool section: - in the assetCode field, enter the name of the pool where you invested XTN in (without postfix N: EUR, UAH, CNY, JPY, RUB, NGN, BRL, GBP, TRY), - and in the amount field, enter the XTN amount you want to withdraw (but multiply token amount by 1,000,000 before entering) Finally, click on the Invoke button in the redeemFromPool section and confirm the transaction. You will receive withdrawing amount within a minute. Additional information: If you don’t remember how many XTNs and in which pool are staked, use this API request to check all your XTN stakings - https://nodes.waves.exchange/addresses/data/3PQEjFmdcjd6wf1TrpkHSuDAk3zbfLSeikb?matches=%25s%25s%25s%25s__pool__.*__YourWavesAddress__amount Just replace YourWavesAddress with your Waves address, paste the request to the browser search filed and press Enter. Received data include info about all your XTN stakings in Neutrino pools. The staking amount can be found in the value field (don’t multiply it by 1,000,000 before entering to the "amount" field in the waves-dapp.com, use it as is) and Waves addresses of DeFo pools can be found in the key field. Waves addresses of Neutrino pools: EURN - 3P7Uf5GF5feqnG39dTBEMqhGJzEq3T7MPUW UAHN - 3PMsU5VCcFrFnpKMh9EMMCYhjjiYTMNpMTa CNYN - 3PPeM6UjZWjAkJDuuKoocZLwDcpyiSWNxWA JPYN - 3PPsoLQYRjvhQTfLYnaEm6BVeJLznBFrwZK RUBN - 3P5fnEVxY8DFCNqfigRqFJRCjBAUbpP6Rr4 NGNN - 3PMboKcJ3q7o5VS2BfxQ7VxntsN5iiaDh1b BRLN - 3P24H3bZrLHSRYFaUr7tFgUpL6Eic55Mv2b GBPN - 3PMVZ6LtKhvcwnYB5p1e7JmhUKLUcNbdKFg TRYN - 3P2xtvqBiofPU7aCrrT2iX3GXLNVodq8tUk Perchaps, during the withdrawal, you will receive such an error - Allowed amount to redeem is less then requested: allowedAmountToRedeem=... requested=... It means that Neutrino pool have a deficit. In this case, you need to reduce the withdrawal amount to the amount specified in the allowedAmountToRedeem. When the deficit is eliminated, you will be able to withdraw remain part. If you have any questions related to WX Network, feel free to contact us. *tags: neutrino defo staking pool swap dapp x

Last updated on Dec 23, 2024