Enno Wallet: One Wallet, Multiple Blockchains
Enno Wallet is a highly secure mobile cryptocurrency wallet. Enno Wallet, which simplifies the use of decentralized applications (dApp) in the world of decentralized finance (DeFi) as well as being a crypto wallet, has been selected for the Visa Innovation Program and has proven to be one of the aspiring fintech companies with great potential for the future. The newest and unique feature of Enno Wallet is the multi-chain support; first Avalanche, Ethereum, and BNB Smart Chain.
Enno Wallet Features
Enno Wallet provides users with a number of primary and secondary features, as well as securely storing their crypto money. By creating a wallet with a password, private key, and threat protection, you can store your crypto assets, access your assets easily and securely whenever you want, send and receive them. In addition, thanks to the integrated features of the wallet with DeFi providers, you can quickly swap between crypto assets at the best prices.
Enno Wallet also integrates with DeFi applications on the Waves network, allowing you to trade and stake your crypto assets. By staking dozens of cryptocurrencies and algorithmic stablecoins, you can earn above-average interest returns compared to the traditional financial market.
The prices of Neutrino algorithmic stablecoins are pegged to fiat currencies. By swapping between these stablecoins, you can carry out forex transactions and increase the value of your portfolio by executing the strategies you set. Moreover, you can perform all these transactions through the omnichannel interface of Enno Wallet.
Security
Enno Wallet users only know the private keys of their wallets. In addition to the private key, the wallet, which is protected by a password and optionally biometrics depending on the mobile device, has security mechanisms developed against cyber attacks. Enno’s primary principle is to help decentralize each individual with their private key to take control of their independence, financial freedom, and wealth.
Multiple Cryptocurrency and Blockchain Support
Enno Wallet, which serves to simplify crypto assets storage and facilitate crypto trading at any time, has recently started to offer multi-cryptocurrency and blockchain support in this direction. By keeping your cryptocurrencies in one wallet, earning rewards as passive income with the staking function and decentralized banking transactions by interacting with DeFi protocols is very easy with Enno Wallet. Enno Wallet currently supports 4 blockchains: Waves, Avalanche, Ethereum, and Binance Smart Chain.
Enno Wallet; supports dozens of cryptocurrencies, including Bitcoin, Ethereum, BNB, AVAX, and other popular cryptocurrencies. 11 of these assets are stablecoins pegged to fiat currencies. As development continues and other networks are supported, the number of crypto assets will increase exponentially.
Supported DeFi Protocols
Enno Wallet is fully integrated with Puzzle Swap, Vires.Finance, Swop.Fi, Tsunami Exchange, and Neutrino DeFi protocols running on the Waves blockchain. With the completion and integration of development, it is expected that popular and high-volume protocols such as Trader Joe, Benqi, Pangolin, and Sushi will be supported with Avalanche support. In addition to these protocols, many crypto assets in the Avalanche ecosystem will be supported and new opportunities will be offered to users.
In addition, the integration of DeFi protocols and crypto assets supported by Ethereum and BNB Smart Chain is expected to increase rapidly.
ENNO Cash
ENNO Cash is the governance token of the wallet. Wallet users earn $ENNO shares for the $ENNO tokens they hold in their wallet account and the transactions they make. While receiving daily rewards, liquidity providers can have a direct impact on the decentralized autonomous organization (DAO) structure by voting for future updates and innovations. Enno operates using a proof-of-stake (PoS) consensus mechanism. Users who stake ENNO Cash earn an average annual interest rate of 37% while contributing to the verification of transactions and the security of the network. Of the 2740 $ENNO tokens per day, 70% is distributed among the two groups as stakers and 30% as liquidity providers.
ENNO Cash also has a burning protocol and some of the collected transaction fees are burned regularly, making the token deflationary. Those who decide to use Enno Wallet may consider keeping some $ENNO in their wallet account to maximize their profits and make the most of the wallet’s features.
The wallet also has many features such as easy and fast connection to DeFi protocols with Wallet Connect, easy address identification with the built-in address book, whitelisting, cross-chain crypto asset transfer, portfolio management, value monitoring, managing multiple wallets in a single interface, and more. Enno Wallet developers have always worked hard to follow the latest innovations in the industry, integrate them into the wallet, and present them to users, and have seen these as their primary goal. Enno has continued its development without deviating from this direction until today and will always keep this mission at its core in the future.
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Disclaimer: The information presented is subject to market conditions and includes the author’s (Atilla Günduğ) own views and reviews. Please do your “own” market research before investing in cryptocurrencies and following the above information. Neither the author (Atilla Günduğ) nor the Medium page in which the article is published/the relevant company (Kriptolia EN) accepts any responsibility for your financial losses.
