Article originally published on May 19th, 2020

What is PoolTogether?

PoolTogether is a “no-loss savings game” that provides you with a chance to win a prize every week.

The idea is quite simple: users pool their DAI or USDC (both are stablecoins) by purchasing tickets. The assets in each pool accumulate interest through Compound, a lending protocol. The interest is then won by a ticket holder, picked at random, each week. The DAI pools were launched earlier so tend to be larger in size.

How is it no loss? The prize comes from the interest generated, not the deposits. …

What’s gas in Ethereum, and how does Argent help me with it?

What is gas?

Gas is the term for transaction fees on Ethereum. Every action on Ethereum (whether sending tokens or interacting with a smart contract) requires transaction fees. Gas therefore acts like the fuel for the network — hence its name.

What influences gas prices?

Gas price can vary depending on the amount of computational power your action involves, and how busy the network is. The busier it is, the higher the gas price.

For example, sending an asset to a friend will cost less gas than buying a Set token. This is because a lot more work is required for the latter.

The total cost of…

Get easy access to Compound’s new COMP tokens

Compound announced yesterday that they have started distributing COMP tokens to all currently active protocol users.

The governance token was revealed in February, and a recent vote to distribute COMP to users was passed with a huge majority.

Argent has natively integrated Compound, so you can easily earn interest by lending through them. We don’t currently support borrowing, however we’ll soon be adding Maker Vaults to allow that.

All this means you will now passively earn COMP (alongside the usual interest) just by supplying your assets to Compound!

Get started easily by downloading or opening Argent here.

What is COMP?

COMP is a…

Dreamy DeFi and seamless security, the best questions from the Set community

On 27 May 2020 we had the privilege of an AMA with the TokenSet community. The questions included how Argent is different to other wallets, our roadmap, plans for gas and our seedless security model. Itamar, Argent’s CEO, provides the answers.

What is Argent?

Argent’s purpose is to empower everyone to control and prosper from their digital assets and identity. We’re a non-custodial Ethereum wallet (on mobile) that combines insane security (daily limits, whitelisted addresses, lock & unlock) with extreme simplicity (no seed phrase, no gas and one-tap access to DeFi).

You can easily get started by downloading here.

How is Argent different to other wallets?

To start, we’re a…

Article originally published on May 19th, 2020

What is Aave?

Aave is a lending protocol that lets you earn interest on your assets. The interest comes from other people that use the protocol to borrow crypto. Aave is open-source and non-custodial. You can get started by downloading or opening Argent.

Why does it matter?

Aave lets you put your crypto assets to work for you. It’s an easy way to earn interest while enabling others to borrow. Unlike traditional finance, it’s accessible globally, open 24/7

Aave has over $65m worth of assets on its protocol (as of May 2020). This amount has grown by over $12 million…

Article originally published on May 19th, 2020

What is Uniswap?

Uniswap V2 is the newest iteration of the Uniswap protocol, a decentralized exchange based on pools of tokens from liquidity providers. Argent’s integration lets you earn fees for becoming one of those liquidity providers.

While Uniswap has emerged as one of Ethereum’s most important projects, you should note that it is one of the more advanced use cases in Argent. Calculating fees can be complex, and the economics of being a liquidity provider mean it is possible to withdraw fewer assets than you put in. This is discussed in more depth below.

Why does it matter?


Article originally published May 18th, 2020

What is TokenSets?

TokenSets brings automated asset management to crypto. There are two types of trading strategies available: Robo Sets (which are based on algorithms created by the Set team) and Social Trading Sets (which are built by a trader). Both are decentralized — meaning you remain in control of your assets. To get exposure to a strategy you simply buy a token that represents a portfolio of assets managed according to that strategy.

Get started with TokenSets

Why does it matter?

Set’s CEO Felix Feng says Set: “inherits all the benefits of DeFi [decentralized finance]. It’s accessible, it’s 24/7, it’s…

This article was originally published on the 18th May 2020

I’m hugely excited to announce the launch of Argent V1 and one tap access to decentralized finance (DeFi). Argent is now the easiest way to access DeFi, starting with TokenSets, PoolTogether, Aave, Uniswap V2 liquidity pools, Compound, Maker and Kyber.

Download the most simple and secure smart wallet for crypto here (and upgrade to the latest version if you have Argent already).

Earn interest and invest; borrow, store and send. No seed phrase. No gas.

Argent’s simplicity has been matched by a step change in crypto security. Non-custodial no…

Tiernan |

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