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[jerry0]

I recall using the old waves lite client and putting a password, then using the waves dex client and having to put a new password.  So for this waves.exchange program, i have to put another new password?


Then when i do that... do i need to type in my waves seed or not? 

Can someone confirm this?  I opened the waves.exchange app... its asking me to put a new password.  So this is like my third new password for waves wallet?  First was the waves lite client, then the waves dex program... now another one is this waves.exchange?  After i type in new password, i need to write my waves seed in it?

[bct_ail]

I recall using the old waves lite client and putting a password, then using the waves dex client and having to put a new password.  So for this waves.exchange program, i have to put another new password?


Then when i do that... do i need to type in my waves seed or not? 

Can someone confirm this?  I opened the waves.exchange app... its asking me to put a new password.  So this is like my third new password for waves wallet?  First was the waves lite client, then the waves dex program... now another one is this waves.exchange?  After i type in new password, i need to write my waves seed in it?

Yes. I can confirm it. Type in a password and after it you can create a new account (=wallet) or recover an old one with an existing seed.
You can create a new account as well for testing purpose. Just to try it out.
The passwort will encrypt your account. If you delete your computer your account will still be there, because you have the seed. So if you use another computer you will be asked for a password again.
You can always use an old password, as long it is not compromised.

[Waves.support]

Do you ever feel intimidated by having to deal with private and public keys or seed phrases? Don’t be! In his most recent article, Inal Kardanov, Waves development advocate, explains everything you need to know about protecting your digital assets.

Read the article

[jerry0]

I recall using the old waves lite client and putting a password, then using the waves dex client and having to put a new password.  So for this waves.exchange program, i have to put another new password?


Then when i do that... do i need to type in my waves seed or not? 

Can someone confirm this?  I opened the waves.exchange app... its asking me to put a new password.  So this is like my third new password for waves wallet?  First was the waves lite client, then the waves dex program... now another one is this waves.exchange?  After i type in new password, i need to write my waves seed in it?

Yes. I can confirm it. Type in a password and after it you can create a new account (=wallet) or recover an old one with an existing seed.
You can create a new account as well for testing purpose. Just to try it out.
The passwort will encrypt your account. If you delete your computer your account will still be there, because you have the seed. So if you use another computer you will be asked for a password again.
You can always use an old password, as long it is not compromised.

Hi so to confirm... put a new password.  Then i have option to create a new wallet or recover an old one with existing seed.  Well... I obviously am recovering an old one with an existing seed right?  The create a new wallet option is for ppl ... well who never created a waves wallet in first place right?  Just want to confirm that.


So let me get this straight.  When waves used the waves lite client for a while, then we had to use the waves desktop client... i remember i had to put in a new password for the waves desktop client.  So to restore my waves wallet from the waves lite client, i needed to copy and paste my waves seed right?  This was a long time ago and i dont recall.  And now... with this third wallet... you do exactly the same like when you migrated from waves lite client to waves desktop client?


And yes I know you are suppose to make sure to have your seed and make sure its correct and safe.  So basically everytime waves gets a new wallet and the old wallet no longer works... you better make sure you have the waves seed... otherwise you are screwed?  Is that all correct?  So its like okay well i have my waves desktop client and password and everything.  But you didn't check your wallet for many months... then find out there is a new waves wallet and the older wallet is obsolete... so without the seed... you are screwed?

[Waves.support]

We're joining hands with Swingby to integrate its swap protocol technology into the inter-chain infrastructure via the Gravity network. Find out more about this exciting collaboration on our blog.

[bct_ail]

Hi so to confirm... put a new password.  Then i have option to create a new wallet or recover an old one with existing seed.  Well... I obviously am recovering an old one with an existing seed right?  The create a new wallet option is for ppl ... well who never created a waves wallet in first place right?  Just want to confirm that.


So let me get this straight.  When waves used the waves lite client for a while, then we had to use the waves desktop client... i remember i had to put in a new password for the waves desktop client.  So to restore my waves wallet from the waves lite client, i needed to copy and paste my waves seed right?  This was a long time ago and i dont recall.  And now... with this third wallet... you do exactly the same like when you migrated from waves lite client to waves desktop client?


And yes I know you are suppose to make sure to have your seed and make sure its correct and safe.  So basically everytime waves gets a new wallet and the old wallet no longer works... you better make sure you have the waves seed... otherwise you are screwed?  Is that all correct?  So its like okay well i have my waves desktop client and password and everything.  But you didn't check your wallet for many months... then find out there is a new waves wallet and the older wallet is obsolete... so without the seed... you are screwed?

It is all correct what you have wrote.


The seed is THE access to your wallet. Everyone who has the seed get access to your wallet. If you lose your password or your walletadress or have a new computer, you can always restore your wallet with the seed.

You have a seed from your old client, right? So if you use waves.exchange you go to https://waves.exchange/sign-up (I haven't use the client, but I guess it is pretty the same)
Create a password (it can be a new one or an old one) and confirm.
Click on "Import accounts", then "Seed or key". Type your seed. If you have type the right seed you should see your Address. Click "Continue" and write an Account name (it doesn’t matter what name you choose). Click "Continue" and you are in.

The next time if you want to login, go to https://waves.exchange/sign-in and type your password.

If you clear your browser cache or click on "Forget your password?" you have to do the whole process again (create a password, import accounts, ….). That the reason, why you have
to cherish your seed like life itself

[Waves.support]

Are you ready for Malibu? A vote on features of this major update of the Waves Node software has been completed, and Malibu will be activated on September 7. Thanks to all nodes for supporting the upgrade!

P.S. Here's an important notice for projects using nodes.wavesnodes.com pool! The version of the pool's nodes will be changed to v1.2 tomorrow. Please note some API changes coming with this update.

[jerry0]

I recall using the old waves lite client and putting a password, then using the waves dex client and having to put a new password.  So for this waves.exchange program, i have to put another new password?


Then when i do that... do i need to type in my waves seed or not? 

Can someone confirm this?  I opened the waves.exchange app... its asking me to put a new password.  So this is like my third new password for waves wallet?  First was the waves lite client, then the waves dex program... now another one is this waves.exchange?  After i type in new password, i need to write my waves seed in it?

Yes. I can confirm it. Type in a password and after it you can create a new account (=wallet) or recover an old one with an existing seed.
You can create a new account as well for testing purpose. Just to try it out.
The passwort will encrypt your account. If you delete your computer your account will still be there, because you have the seed. So if you use another computer you will be asked for a password again.
You can always use an old password, as long it is not compromised.

Okay I did this.  When i get into my account, it shows a waves balance but also a reserved balance.  The reserved balance is the amount of waves i leased from a long time ago.  So how do i unlease them? 



What about the additional waves i have now that says qualified and balance?  How do i lease the in addition to my current reserved waves balance?



Also when i check my waves transactions... seems like every week im getting some waves?  Can someone tell me where this is from?  Because back then when i leased waves... i only got a few waves a year.  But now it seem like im gettin about one wave once a week since the start of the year?  Can someone explain this?  I know back then i got those airdrops but many seem to be worth nothing... but i seem to be getting a wave once a week since earlier this year?

[jerry0]

Okay so i see that is called staking.  But waves gives 5% yearly?  I click on stake waves and see ton of pools and some are 5.8%, some are 5.5% and some are lower?  So basically if you have say a thousand waves, you are getting over 5% yearly on it if you stake it?  How much was it paying out before this whole waves staking thing when you could lease?  Back then i only got a few waves an entire year. 


I then see USDN staking.  It shows estimated interest of eighteen percent?  Something isn't right there.  So if you buy one thousand dollar worth of usdn... you going to earn eighteen percent of that yearly?  And isn't usdn flat number and doesn't fluctuate similar to like how coins are?  Example if you buy a lot of waves and then stake them for a whole year... sure you get 5% back or so... but if waves go down in price since you bought it... you lose money.  But USDN... is that like usdt where it stays constant?  If so... that wouldnt make any sense you get that much.


I mean with interest checking accounts and cds... u dont get more than one or two percent now.  Can someone explain this with waves staking percentage and usdn staking?  Waves i am correct with my logic right?  Sure buy a thousand waves and stake them... but you going to have to make sure the price you bought it at ... and when it ends.... you get it at least same or better price right? 

[Marquise$Museum]

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[Pascal Parvex]

I then see USDN staking.  It shows estimated interest of eighteen percent?  Something isn't right there. 

This is correct. The interest rates fluctuates. See, you buy USDN with Waves, which in turn get staked. So you get the 6% leasing plus your cut of the USDN's that are not staked.

[jerry0]

I then see USDN staking.  It shows estimated interest of eighteen percent?  Something isn't right there. 

This is correct. The interest rates fluctuates. See, you buy USDN with Waves, which in turn get staked. So you get the 6% leasing plus your cut of the USDN's that are not staked.

Okay say you have $1000 worth of waves and sell them for USDN.  Now you have around $1000 usdn to make it simple.  Now you stake the usdn.  At the end of one year... your 1000 usdn will be around 1800 usdn?  But you say the interest rate fluctuates... which interest rate you talking about?  The waves or the usdn?


That doesn't make sense with usdn because if that is the case, wouldn't someone with a million dollars could just buy waves and sell it for usdn... then stake 1 million dollars of usdn and then make 180,000 usdn for one year?

[Pascal Parvex]

I then see USDN staking.  It shows estimated interest of eighteen percent?  Something isn't right there.

This is correct. The interest rates fluctuates. See, you buy USDN with Waves, which in turn get staked. So you get the 6% leasing plus your cut of the USDN's that are not staked.

Okay say you have $1000 worth of waves and sell them for USDN.  Now you have around $1000 usdn to make it simple.  Now you stake the usdn.  At the end of one year... your 1000 usdn will be around 1800 usdn?  But you say the interest rate fluctuates... which interest rate you talking about?  The waves or the usdn?


That doesn't make sense with usdn because if that is the case, wouldn't someone with a million dollars could just buy waves and sell it for usdn... then stake 1 million dollars of usdn and then make 180,000 usdn for one year?

First example would be 180 USD, not 1800. Second example is correct. This does not take fluctuation into account. 18% seems high, but if you compare it to Bitcoin, it is not that much, as the growth in worth of Bitcoin has been more than 10 000% per year on average...

[estenity]

waves.exchange very slow today..

[jerry0]

I then see USDN staking.  It shows estimated interest of eighteen percent?  Something isn't right there.

This is correct. The interest rates fluctuates. See, you buy USDN with Waves, which in turn get staked. So you get the 6% leasing plus your cut of the USDN's that are not staked.

Okay say you have $1000 worth of waves and sell them for USDN.  Now you have around $1000 usdn to make it simple.  Now you stake the usdn.  At the end of one year... your 1000 usdn will be around 1800 usdn?  But you say the interest rate fluctuates... which interest rate you talking about?  The waves or the usdn?


That doesn't make sense with usdn because if that is the case, wouldn't someone with a million dollars could just buy waves and sell it for usdn... then stake 1 million dollars of usdn and then make 180,000 usdn for one year?

First example would be 180 USD, not 1800. Second example is correct. This does not take fluctuation into account. 18% seems high, but if you compare it to Bitcoin, it is not that much, as the growth in worth of Bitcoin has been more than 10 000% per year on average...

Hey yes i made mistake with the calculation in first example.  But what do you mean doesn't take fluctation into account?  Yes 18% seems ridiculously high.  I would thought anything over 5 percent was already high.  But what can it fluctuate between then?  Because couldnt someone with a million dollars buy waves, sell it for usdn and then stake everything?  So they would get back between how much and how much in usdn at the end of one year then when taking fluctuation?

[Pascal Parvex]

Hey yes i made mistake with the calculation in first example.  But what do you mean doesn't take fluctation into account?  Yes 18% seems ridiculously high.  I would thought anything over 5 percent was already high.  But what can it fluctuate between then?  Because couldnt someone with a million dollars buy waves, sell it for usdn and then stake everything?  So they would get back between how much and how much in usdn at the end of one year then when taking fluctuation?

Nobody can tell the future, but it should be above the 6% for leasing.

[Waves.support]

Looking for an informative watch? We've prepared an AMA session with speakers from Waves and Suterusu to explain what exactly our recent partnership is about and how the two projects will benefit from Gravity's functionality. Enjoy!

Watch the AMA

[Waves.support]

Calling on all global changemakers to bring your ideas at Hack4Future 2020, a virtual hackathon dedicated to the UN's 75th anniversary. You're welcome to use the Waves tech to resolve the challenges! The hackathon starts this Friday at 5PM (GMT+10). Sign up or watch the hack's live stream!

[Waves.support]

This summer, the Waves team participated in several AMA sessions with our partners to discuss challenges faced by Waves and projects we're working on. This selection of best questions & answers should giving you an idea of what's going on in the Waves ecosystem.

[Marquise$Museum]

Reverse head shoulder

Long $2.22

Then 0.000685+

Inverse H & s completed at $2.27

Hope you got in.