Leather wallet.

[satscraper]

I found today wallet  called Leather, which integrates several swap protocols such as Bitflow, Velar, ALEX, and others.

In my view, this wallet ^{which has replaced the former Hiro wallet} may be interesting for anyone looking for the wallet with built‑in DEX functionality.

Leather is a non‑custodial wallet, available both as browser extension and as  mobile app for iOS and Android.

It is fully open‑source ^{variants released under License 1 and License 2}.

[OmegaStarScream]

Always good to have another open source wallet! but do you happen to know the differences between the DEXes you mentioned and MayaProtocol/Thorchain by any chance? in terms of native/decentralized it is, and supported chains? These are not names that we see very often.

[Karl_3000]

The wallet can not be used to convert other coins to bitcoin and can not be used to convert bitcoin to other coins.

STX which is a shit coin can only be swapped with its tokens on the wallet, nothing else.

[satscraper]

The wallet can not be used to convert other coins to bitcoin and can not be used to convert bitcoin to other coins.

STX which is a shit coin can only be swapped with its tokens on the wallet, nothing else.

It seems to me that you are wrong in your assessment.

BTC can be converted to other coins inside the Leather wallet.

Leather uses Stacks smart contracts to perform swap operations, so STX is required to pay the fees for executing those contracts on the Stacks layer.

I would advise you to educate yourself on what Stacks actually is and what it’s for.

Particularly as one option Leather users may use officially integrated ALEX ^{which is DeFi protocol on the Stacks blockchain} for swaps . So Leather routes relevant swapping transaction through ALEX’s decentralized swap engine.

Did you test this wallet and its swap capability?

[Karl_3000]

It seems to me that you are wrong in your assessment.

BTC can be converted to other coins inside the Leather wallet.

I went through the wallet but I saw no way I would be able to if I funded the wallet.

This is the main home screen of the wallet:




When I clicked on STX and USDCx, you can see swap:
 



Click on bitcoin, you will not see swap:




STX is the main coin and the only coin when I clicked on swap for general access:
 



But you can swap to other coins which I called STX tokens but I may not be correct. I think they are STX tokens and some of them are altcoins pegged to bitcoin price:
 



Wallets like Unstoppable first did not supported swapping to bitcoin, but it supported many chains and their tokens. It was later that it supported swapping to bitcoin as it supported cross chains. But leather only supported STX and no other chains. Although it is not a problem.

[BitMaxz]

The leather wallet is a Web3 wallet that supports NFTs; it wasn't built for Bitcoin but mainly for STX.

Its function is the same as a MetaMask wallet, and the purpose of this wallet is for STX for stacking and earning from yield, and you will get rewarded with BTC in BRC20.

The swapping option is just an extra feature from this app with limited functions.

[rat03gopoh]

They do seem to be designed solely as a functional wallet for L2 tokens, not native coins (L1). They heavily promote sBTC and STX throughout the site and have a dedicated page, I assume those are their ecosystem tokens. Supporting BTC is simply intended to absorb liquidity from some BTC holders for their program.

You probably shouldn't expect much from this wallet. In my opinion, 20% is functionality, with the rest being the rewards program.