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Author Topic: Create a Waves Platform Wallet.Lease your Tokens and get Rewarded.Trade on DEX.  (Read 20143 times)
GreenMatrix
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May 03, 2017, 10:56:46 AM
 #1

                                                                                    TUTORIAL

How to download, create address, send and receive, trade on DEX and lease your tokens using WAVES PLATFORM Liteclient.

THE WAVES PLATFORM WALLET

The WAVES lite client has an offline storage option and users can run it on any device in the browser, so it is simple with no blockchain download, instant connections, and the ability to import and set up quickly on different devices.It is possible to import/recover an account on any device by using the unique seed from which each account address is generated, so accounts are accessible from any device. This is particularly useful in the case of hardware failure. In addition to the unique seed users encrypt access to their account with a password. Offline storage for the lite client and 2fa will be implemented in a later phase of development.

1- Download wallet :

a) For Chrome:

https://chrome.google.com/webstore/detail/wavesliteapp/kfmcaklajknfekomaflnhkjjkcjabogm

b) From Github:

https://github.com/wavesplatform/WavesGUI/releases

c) Android Waves Wallet:

https://play.google.com/store/apps/details?id=com.wavesplatform.wallet

d)IOS Waves wallet:

https://itunes.apple.com/us/app/waves-wallet/id1233158971?mt=8

Note: Instructions on mobile version are different than desktop version. Read carefully before the installation on your mobile.This tutorial explains the desktop version.

                                                                                                                        

2- Create your wallet:

Open the App downloaded on your browser and click on New Account.(you must click on extensions in your Chrome browser)

 

3- Read the Notice and click on I understand:

 

4-The SEED

 a)Copy in a safe place the Wallet Seed: Is the seed that you will need to have access to your wallet and your tokens.Yo will have access to your wallet on your PC or on your mobile with that seed.Is the only way to recover your account.

b)Type the name of your wallet and a strong password.

c)Click on Register.


 

5- Where to buy WAVES?

If you still don´t have waves on your wallet you can buy it on exchanges like Bittrex or with the same Decentralized Exchange(DEX) that you will find in your LiteClientApp

a) Link to Bittrex https://bittrex.com/Market/Index?MarketName=BTC-WAVES (you must create an account on the Exchange)
Once you buyed your waves on the exchanges you can send the tokens to your Waves wallet address.



6- Send and Buy WAVES

Once you have waves in your wallet you can send it to another address by clicking on SEND

You can buy it with your credit card too by clicking on DEPOSIT

    

7- Send BITCOIN to your WAVES WALLET

If you have BTC you can send to your wallet by clicking on DEPOSIT
  
    

You must send your BTC to the address that appears on the new window:

Waves Platform is using a Gateway to recieve your BTC on your Waves wallet.



8- Send Dollars and Euros to your Waves Wallet

Click Deposit on the DOLLAR AND EURO TAB



A new pop up with the instructions will appear.If you want to be verified you must click on In order to get verified follow the link: and then follow the Instructions.




9- The Decentralized Exchange

Once you have your BTC or EUROS you can buy Waves with the Decentralized Exchange that you have on your LiteClientApp:

Click on the 3th Icon



You can buy and sell another tokens that are running on the Waves Platform:



In your lite client go to the DEX tab you will see the default Waves | WAV/BTC | Bitcoin stuff on the top (Waves and Bitcoin are quite pale in colour). Click to the pale Bitcoin box and start typing the token that you want to trade. A dropdown menu will appear and you will see the asset. Click to that and there you go, you can see the trades.



THE FULL NODE ON WAVES PLATFORM

If you are a lite client user only (with no blockchain download) you will be able also to receive rewards from the network by leasing your balance to a full node (which requires full blockchain download). The rewards from the full node’s activities will be shared between all users leasing their balance to it.

The minimum requirements to run a full node is to have 10k waves. The same incentives apply to everyone who has a balance above 0. The bigger the balance, the bigger the share from the reward pool a user receives.

Users with lower balances may choose to lease their balance to full node, which validates blocks more often than they would.

If you are interested in lease your waves tokens you can choose WavesfullNode(ADDRESS: 3P4MRJvttkghWsXxGZ61kqd2M79GtLujoey)

WavesfullNode provides a professional, powerfull and secure node hosted in Digital Ocean Datacenter 24/7.Waves Platform provides Leased Proof of Stake(LPOS), is one of the most important features in the platform, allowing anyone to receive interest on their holdings by leasing their mining power to a full node, while having tokens secured in the personal account all the time. If you are holding Waves tokens, you will be able to lend them and recieve rewards from all the transactions of WavesfullNode.

10-How to lease your WAVES?

Click on the 4th Icon:



a)Copy and past this address on the recipient: 3P4MRJvttkghWsXxGZ61kqd2M79GtLujoey

b)Type the number of Waves that you want to lease.

c) Click on LEASE



wavesfullnode.com  will share a 100% of all the Transactions Rewards with his lenders.


THE WAVESFULLNODE TOKEN




You can find the official WFN token here:

http://www.wavesgo.com/assets.html?7yXJqP2zpXTiXuS2o25seUHYxdDnfSPZJ3SEm5DrQ7cx

WFN is being distributed over 48 WEEKS (from July 2017 to June 2018). Between those dates, you can receive WFN by leasing Waves to the node wavesfullnode.com or simply buying directly from the market using the Waves DEX.
First distribution: 17/07/2017


TOKEN PARAMETERS:

Symbol: WFN

Token ID: 7yXJqP2zpXTiXuS2o25seUHYxdDnfSPZJ3SEm5DrQ7cx

Supply: 10,000,000 (ten million tokens)

Decimals: 8

Re-issuable: no

DISTRIBUTION :


1-Leasers of wavesfullnode.com: 90% = 9,000,000(nine million tokens)
2-Marketing, development and infrastructure costs: 5% = 500,000( five hundred thousand tokens)
3-Kept by founder: 5% = 500,000( five hundred thousand tokens)


The distribution of WFN will be done every Monday for a total of 187,500 tokens to all the leasers.

48 weeks x 187,500= 9,000,000

WFN TOKEN USES:

Wavesfullnode.com is accepting and will accept multiple fees in different kinds of tokens.
As we grow with the Waves Platform we will collect more fees in the future.
Our Node will distribute via AIRDROPS  this fees tokens as a rewards to all the owners of the WFN Token.
Another thing to consider is that you can trade( buy-sell) the WFN token on the DEX Waves.





Q&A

a) As far as I know, leasing WAVES does not mean transferring WAVES. Am I correct?

Correct, you keep control of your waves.

b) If the answer for the first question is yes, then why there's a fee (in the lite client?) required when leasing WAVES?

There is tiny fee because leasing is a type of transaction.The fee is just the normal transactional cost

c) While being leased,can not use the leased WAVES?

Correct, leased waves are not spendable.  

d) Can I cancel the lease at any time?

You can cancel a leasing transaction as soon as it is in the blockchain. That happens in about a minute most usually.

e) How many time needs my lease to start to generate rewards?

It takes 1000 blocks for it to be fully in effect.

f)Witch is the difference between Regular, Effective and Generating Balance?

Regular is your original Waves balance you have all the time, you still receive all airdrops, effective is your regular balance + received leases - sent leases, generating is your your effective balance with received and cancelled leases confirmed after 1000 blocks.

g)When I´ll recieve my payouts?

Payouts will be weekly.Ever monday Wavesfullnode will send the rewards to his lenders.

h) Wich rewards I´ll recieve?

wavesfullnode.com  will pay the rewards in WAVES and MINER REWARD TOKENS.

We pay a 100 % of all the Waves earned with our node.
We pay a 100 % of all the Miner Rewards Tokens(MRT) earned with our node.
At this moment every block forged represents 40 MRT.

i) If I lease Waves to you (or anybody), will I get the WCT for those Waves or will you get them?

If you have waves( leased or not) in your own wallet ,the waves platform team pays you a % of Waves Community Token(WCT) every month(day 15). You must have the waves in your wallet , if your waves are on your exchange account you will not recieve WCT.
Remains 4 airdrops till September 2017.

wavesfullnode.com  will accept multiple fees in different kinds of tokens like:

MERCURY(MER)
RIPTO BUX(RBX)
UPCOIN(UPC)
WAVES COMMUNITY(WCT)
BANKCOIN(BCO)
MOBILEGO

As soon as new ICO´s are integrated on the Waves Platform, our node will integrate it to start to accept his token fees.
At this moment our node is receiving the fees of Mercury(MRT). But the distribution is not possible because the TX fee on waves is superior that the reward on MRT that we must pay.


11- Account Info Backup:

Is very important to have a backup saved of your wallet:

Click on the 1ST Icon on the top right corner:



Copy your Backup on a safe place:




        

                                                                                                      
                                        




 
 
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May 04, 2017, 10:56:32 AM
 #2

Leased some waves. Let's see how this will panning out.
GreenMatrix
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May 04, 2017, 04:49:25 PM
 #3

Leased some waves. Let's see how this will panning out.

Welcome Snail2.
First distribution will be on monday.
70% of waves and 70% of MRT earned from the Node to all the lenders.
Have a nice day!


 
 
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Zggdrasil
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May 04, 2017, 05:43:47 PM
 #4

I should try your leasing node too, thx for posting.
GreenMatrix
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May 04, 2017, 07:24:11 PM
 #5

I should try your leasing node too, thx for posting.
Thanks Zggdrasil.
I´ll be here if you need some help!
Have a good time.


 
 
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TraderK
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May 04, 2017, 07:31:17 PM
 #6

Is it possible to mine Waves without a balance?

GreenMatrix
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May 04, 2017, 07:54:06 PM
 #7

Is it possible to mine Waves without a balance?



You do not mine , if you have your own Node you can forge the transactions of the platform.More waves on your wallet-node means more possible blocks to forge and more TX to receive.
You will need a minimum of 10000 waves to run it.
Hope that helps.


 
 
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TraderK
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May 04, 2017, 08:38:32 PM
 #8

Is it possible to mine Waves without a balance?



You do not mine , if you have your own Node you can forge the transactions of the platform.More waves on your wallet-node means more possible blocks to forge and more TX to receive.
You will need a minimum of 10000 waves to run it.
Hope that helps.


Yes that helps a lot, thanks Smiley.

This looks like a very promising project, and Sasha seems to be making a lot of progress. Hopefully this will get listed on Poloniex sometime soon too.
btcforall777
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May 04, 2017, 08:41:58 PM
 #9

Kudos, this rocks!
GreenMatrix
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May 04, 2017, 08:50:06 PM
 #10

Is it possible to mine Waves without a balance?



You do not mine , if you have your own Node you can forge the transactions of the platform.More waves on your wallet-node means more possible blocks to forge and more TX to receive.
You will need a minimum of 10000 waves to run it.
Hope that helps.


Yes that helps a lot, thanks Smiley.

This looks like a very promising project, and Sasha seems to be making a lot of progress. Hopefully this will get listed on Poloniex sometime soon too.
No problem.
If there is a listing on a HVE will be very big news.
My hopes are the same as you.


 
 
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GreenMatrix
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May 04, 2017, 08:58:19 PM
 #11

Kudos, this rocks!
Rocks and will Rock!
Kudos to you!


 
 
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GreenMatrix
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May 05, 2017, 08:30:25 PM
 #12

At this time our Full Node has received 53599.15 Waves.
Rewards:80% of all transactions will be distributed to our lenders.
First payment: Monday 8
Have a nice time!


 
 
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GreenMatrix
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May 08, 2017, 08:56:12 AM
 #13

First Payment Reward Distributed to our Leasers:
PERIOD :FROM 01/05/17 TO 08/05/17
BLOCKS COUNT:FROM 475909 TO 486116
BLOCKS FORGED:14
WAVES FEES DISTRIBUTED: 0.96
MINER REWARDS DISTRIBUTED: 560
TOTAL WAVES LEASED: 55.227,15

https://docs.google.com/spreadsheets/d/1jyN-PVlTvROxjh5vJv243hCKooFPJvDyRFhPALllLrY/edit?usp=sharing

Note:If your lease has started after the block 485116 yo will not recieve any rewards this time, you need 1000 blocks to start to generate the rewards.

Many thanks to all.
   


 
 
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GreenMatrix
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May 09, 2017, 04:43:33 PM
 #14

Update:
Our next payment will be on Monday 15.
At this moment our pool has 67202.05 waves leased.
Many thanks for your support!



 
 
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GreenMatrix
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May 14, 2017, 12:39:07 PM
 #15

Update:
Wavesfullnode will share a 100% of all the Transactions Rewards with his lenders.(Waves and Miner Reward Tokens)
Every monday we will share the rewards.
The new distribution will start tomorrow.
Many thanks for your support!


 
 
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olarsson
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May 14, 2017, 01:48:08 PM
 #16

This is a "chrome extension" what does that mean? Can I have it on Windows or Linux?
GreenMatrix
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May 14, 2017, 03:09:36 PM
 #17

This is a "chrome extension" what does that mean? Can I have it on Windows or Linux?
Yes you can find all the downloads here:
This are the official ones:
http://wavescommunity.com/download-wallet/
Have a nice time!


 
 
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GreenMatrix
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May 15, 2017, 08:09:11 AM
 #18

Second Payment Reward Distributed to our Leasers:
PERIOD : FROM 08/05/17 TO 15/05/17
BLOCKS COUNT: FROM 486.116 TO 496.195
BLOCKS FORGED:    11
WAVES FEES DISTRIBUTED:   0.10
MINER REWARDS DISTRIBUTED:   440
TOTAL WAVES LEASED AT 15/05:   57.733,19

https://docs.google.com/spreadsheets/d/1W7eeaO8Hvun-q1H-oT2uVaz-0ec5n3xKDUg6OJJm9JE/edit?usp=sharing

Note:If your lease has started after the block 495.195 you will not recieve any rewards this time, you need 1000 blocks to start to generate the rewards.


 
 
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GreenMatrix
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May 19, 2017, 08:23:53 PM
 #19

Update:
Our next payment will be on Monday 22.
At this moment our pool have 144562 waves leased.(86829 more waves leased since 15/05)
Many thanks for your support!



 
 
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GreenMatrix
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May 22, 2017, 07:50:45 AM
 #20

Third Payment of our Pool Reward distributed to our Leasers: 100% of $waves and $mrt :

PERIOD :FROM 15/05/17 TO 22/05/17
BLOCKS COUNT:   FROM 496196 TO 506078
BLOCKS FORGED: 25
WAVES FEES DISTRIBUTED:   0.31
MINER REWARDS DISTRIBUTED:   1000
TOTAL WAVES LEASED AT 22/05:   158,503.20

https://docs.google.com/spreadsheets/d/1oKZVbhVzOV6H2H1knLC6Mcdva31vfrbNxriwoqtKWMo/edit?usp=sharing


Our leasing address is : 3P4MRJvttkghWsXxGZ61kqd2M79GtLujoey

Note:If your lease has started after the block 505.078 you will not recieve any rewards this time, you need 1000 blocks to start to generate the rewards.

Many thanks for your support!


 
 
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