Enno wallet : Decentralized banking on a whole new level
Preview
There is a rapid growth in the financial industry. In ancient times, money as a means of exchange was stored in many physical forms. In temples, priests kept track of deposits and loans untill the banking systemt was originated.
Money went from the primitive forms of cowries, coins, beads, etc to paper money which is still in use today.
Innovation has taken over today, in a very large way. At the money people buy, sell, store and invest in coins and tokens on the block chain and distributed ledger, which they can’t see,but use.
Cryptocurrency comes with a new form of storage which is Digital Wallet. With Digital Wallet, you don’t need to store your digital money in a bank, all you need to do is to open your own wallet and manage it. You can carry out any kind of transaction either foreign or international without a third party. You own your Bank.
These Digital Wallet comes in different types. ENNO WALLET is here to give it’s holders a decentralized finance that is reliable, secured and free from scammers that is commonly found in the Volatile Crypto World.
ENNO WALLET: A SECURED CRYPTO WALLET
Enno Wallet is programmed to provide financial independence and have a full control of your cryptocurrency without a governing body managing your account and Finance.
It is a decentralized, non custodial cryptocurrency wallet that aims at creating an effective ecosystem to enable people store, transfer, stake, swap currencies easily without stress.
With Enno Wallet, Steps and functions are simplified, middle men are removed, costs is being reduced.
Enno Wallet runs smoothly on mobile or Android phones and can be downloaded from Appstore or Google play
SPECIAL FEATURES OF ENNO WALLET
This App has five amazing features with easy to use steps and rewards as explained below;
1. Staking:
Staking is a great way to earn passive income off crypto! Especially while holding them on an exchange or a wallet. Different APY/APR’s applies to staking different tokens and on Enno wallet some of them are seen here in the image above.
Staking is one unique feature that allows token holders to earn from it’s stable coins. Staking is an easy way to earn interest on your crypto currency holdings. It helps to maintain the security and efficiency of the blockchain as new transactions are being added to the blockchain.
2. Swapping:
On a normal, Cryptocurrency allows swapping from one Currency to another. Enno Wallet supports more than 20 swap currency pairs currently which is amazing.
The swapping is done simply by selecting the swap Pairs you wish to swap, enter the Swap amount and then your instant Swapping is done. All this with your mobile phone.
3. Security:
Enno Wallet is providing the ultimate security for your digital assets. Your private Key which is provided when you create your EnnoWallet is entirely yours. No one can have access to it including the providers, that i, those who created EnnoWallet. All transactions are done only when the users private key is confirmed, this way your digital assets are fully under your control.
4. Decentralized Forex:
For those who love Forex and crypto trading, EnnoWallet gives you the best of both worlds all on one decentralised wallet.This is made available on Enno Wallet to provide tools for swapping through smart contracts. These smart contracts are reliable and transparent.
5. Algorithmic Stable Coins: Enno Wallet supports Stable Coins. Images of the are seen below This coins are pegged to the value of local currencies when exchanging. For instance USDT is pegged to $1.
ENNO CASH: The governance token of Enno Wallet
This is another amazing special feature of Enno Wallet. Enno cash token will be made available to Enno Wallet active users based on their level of activities and shares of other active users.
The Enno cash token rewards are only eligible to algorithmic Stablecoins and Enno cash stakers.
Other rewards will be added in the future.
$ENNO TOKEN DISBURSEMENT
The $ENNO will be emitted gradually for 5 vesting years with a maximum supply of 10million $ENNO.
ENNO WALLETS EXTRAS FOR EARLY BIRDS.
Enno Birds are the active users of Enno Wallet before the token sale is launched. They will be rewarded specially based on their staked stable coins and their supply amount on liquidity protocol for lending and borrowing assets.
When the Early birds rewards is unlocked, the Early birds will be able to claim their unlocked tokens whenever they want.
At such, the earlier you start Staking and supplying liquidity within Enno Wallet, the better.
REVENUE BUILDERS
Enno Cash value has a stable source of revenue from token listing
3rd party decentralized finance.
Staking protocol fees.
NFT marketplace etc.
With all that has been listed above, the Enno Wallet is sure to be maintained.
The Team
A good company that wants to be successful must have a couple of leaders who will lead the way in advancing the progress of the company. The EnnoWallet team consists of a good number of experts in blockchain technology, web 3 and 2 based app, CTO etc. Below are their images
You can find out more details about the EnnoWallet platform using any of the links below or connect with them on social media :
Website https://www.ennowallet.com/
Twitter https://twitter.com/ennowallet
Telegram https://t.me/EnnoWallet
Personal details of author
Telegram username @Breecharge
Bitcoin talk username Danroyal001
Poa link https://bitcointalk.org/index.php?topic=5361062.msg58308644#msg58308644
