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Topic: Create a Waves Platform Wallet.Lease your Tokens and get Rewarded.Trade on DEX. - page 21. (Read 46463 times)

full member
Activity: 235
Merit: 250
newbie
Activity: 11
Merit: 0
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.
sr. member
Activity: 545
Merit: 254
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.
newbie
Activity: 11
Merit: 0
Is it possible to mine Waves without a balance?

sr. member
Activity: 545
Merit: 254
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.
full member
Activity: 123
Merit: 100
I should try your leasing node too, thx for posting.
sr. member
Activity: 545
Merit: 254
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!
legendary
Activity: 1512
Merit: 1000
Leased some waves. Let's see how this will panning out.
sr. member
Activity: 545
Merit: 254
                                                                                    TUTORIAL

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

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) Windows:

https://wavesplatform.com/files/WavesClient-1.0.8-win.zip

b) Mac Os:

https://wavesplatform.com/files/WavesClient-1.0.8-mac.dmg

c) Linux:

https://wavesplatform.com/files/WavesClient-1.0.8-linux.deb

Online Wallet:

https://client.wavesplatform.com/


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 program downloaded  and click on:

1-Get Started

2-Choose the avatar

3-Introduce your account name and the password


                                                                          

3- Very important to make the backup:

                                                                          

4-The SEED- BACKUP PHRASE

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.


                                                                          

5- Where to buy WAVES?

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

List of exchanges: https://coinmarketcap.com/currencies/waves/#markets

Once you buyed your waves on the exchanges you can send the tokens to your Waves wallet address.

Click on the first Icon and you will know wich is your address:




6- Send and Buy WAVES

Once you have waves in your wallet you can send it to another address by clicking on SEND or send it to different addresses(0-100) using MASS TRANSFER
                                         


                                                        

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



                                                          

7- Send Cryptocurrencies and Fiat to your WAVES WALLET

If you have BTC, ETH , LTC, ZCASH, EURO, DOLAR .....you can send it to your wallet by clicking on RECEIVE
  
                                                  

8- Send Dollars and Euros to your Waves Wallet

Click RECIEVE on the DOLLAR AND EURO TAB and click on BANK

In order to deposit Euro or Dollar you must be verified:

                                                  




9- The Decentralized Exchange

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

Click on the 3th Icon



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 1k 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 a 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 LEASING and START LEASE



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 95% of all the Transactions Rewards with his lenders.


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 less than 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 95 % of all the Waves and Miner Reward Token earned with our node.



        

                                                                                                      
                                        


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