Update | imToken ‘Cosmos’ 2.4.0 now online! 💫

💃🏻Version imToken 2.4.0 is a major milestone, introducing not only Cosmos staking ⛓ and Send & Receive 📲, but also the amazing, new DeFi Manager 🤖 + the beautifully redesigned wallet overview ❤️🌺!

Philipp Seifert
Apr 26, 2019 · 4 min read
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Boom!

imToken 2.4.0 update:

- ATOM staking and Send & Receive
- Manage wallets via re-designed wallet view
- Create wallets for all chains, in addition to importing
- Tokenlon: Better price, faster swap
- Manage DeFi & earn money on the Decentralized Finance board
- Purchase ATOM

Introducing a one-stop Cosmos solution …

Cosmos aims to solve two current issues in blockchains: Limited scalability and interoperability.

As a cross-chain project, Cosmos is committed to connecting multiple chains into one big, interconnected network, promoting the free flow of value, sharing the same goal with imToken.

Based on Proof-Of-Stake (short: PoS), Cosmos introduces the staking economy and new forms of governance. Unlike Proof-Of-Work (PoW), PoS allows a huge number of users to participate in securing the blockchain.

In short, with imToken, you can now …

  • Send & Receive ATOM (+ technically Cosmos IBC tokens) ✅ (with custom Memo and fingerprint/face-id)
  • Delegate ATOMs and earn interest ✅
  • Re-delegate to other validators ✅
  • Withdraw of delegated ATOMs ✅
  • Watch the Staking as it happens, live in your wallet ✅

Soon adding support for:

  • Vote on governance proposals
  • Exchange of ATOM in Tokenlon (now live, see here) ✅
  • imKey supports ATOM & Cosmos tokens (now live) ✅
  • Enabling the Cosmos fee field, with a default value
  • Delegate to Basket of multiple validators (now live) ✅
  • Bunch re-invest (now live) ✅
  • Support Send & Receive for all Cosmos IBC tokens (once that feature is enabled via vote)

👮 As a non-custodial mobile wallet imToken does not hold or have access to user’s funds.

🏦 imToken’s core code is open source and security audited by two independent security firm Slowmist and Cure53 (see). For this new release, we also had the new Cosmos features security audited (see).

🔑 The new imKey bluetooth hardware wallet that connects to imToken will support ATOMs soon and support for Ledger’s Nano X is in research as well.

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Choose your validator!

An overhauled Wallet Management for cross-chain

As the number of chains grow, we aim to offer an efficient wallet management, with expandable design.

Check it out:

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Choose your wallet!

The whole team loves our new design, and we hope you like it as well!

The DeFi Management Tool 💰

The “Market” channel has been revised. Tokenlon (decentralized exchange) has been updated and opens beta access with better prices, faster trade execution.

The Decentralized Financial Management allows you to

  • Stake via Atom Staking DApp, with an estimated annual revenue 7–20%
  • Deposit tokens on Compound, to earn interest through the decentralized bank
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Choose how to earn more tokens!

Staking economy and cross-chain ecology and Decentralized Finance, imToken helps you to be part of it.

Upgrade from imToken 1 to the latest imToken 2.0

  1. Android users: Download from imToken website: https://token.im;
  2. iOS users: Download from App Store.
  3. imToken has released version 2.0. For 1.0 users, please follow the tutorial below to upgrade 1.0 to 2.0 safely:

https://support.token.im/hc/en-us/articles/360013262654

If you face any difficulty using imToken or have any comments and suggestions for us, please submit your feedback directly within the app.

Stay safe!

  1. Before upgrading, please make sure that all wallet identities have been backed up properly. Please write down the Mnemonic phrase on a physical paper, never store it in the network;
  2. Please restrain from sharing your private key, Mnemonic phrase or Keystore to anyone! If you find potential hacking activities in imToken, please report to us via email at hack@consenlabs.com to prevent more people from being deceived;
  3. Please go through our Help Center at https://support.token.im/hc/en-us for more detailed information about imToken
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… or directly on www.token.im
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imToken

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