• Home
  • Cardano
  • Introducing Lace Wallet 1.6 Update: Enhanced User Experience and Innovative Multi-Staking Functionality
Introducing Lace Wallet 1.6 Update: Enhanced User Experience and Innovative Multi-Staking Functionality

Introducing Lace Wallet 1.6 Update: Enhanced User Experience and Innovative Multi-Staking Functionality

Introducing Lace 1.6: New Features and Improvements for Cardano’s Light Wallet

In April 2023, IOG launched Lace 1.0, a light wallet platform for the Cardano mainnet. It offered seamless transactions of various Cardano digital assets, staking capabilities, and access to NFT marketplaces and DeFi services. Now, the Lace team has released version 1.6 with exciting new features.

Customize Your Multi-Staking Ratios

Lace 1.6 allows users to have more control over their multi-staking activities. You can allocate different percentages of your stakes to up to five stake pools. The user-friendly interface lets you easily adjust the ratios by adding or subtracting percentages.

Multi-Staking Made Simpler

The latest update focuses on enhancing the user experience for multi-staking. You can now view all selected pools at the top of the “Browse Pools” tab, improving visibility. Tooltips have also been added to clarify each column’s purpose.

Easier Recovery Phrase Setup

Version 1.6 introduces improvements to the recovery phrase setup in the settings section. The directions are now more straightforward, making it easier for users to read and utilize this feature.

Bug Fixes in Multi-Staking

Lace 1.6 addresses several bugs related to multi-staking. It ensures accurate display of funds from all addresses after multi-staking activities and provides precise calculations when removing a pool from the selection. Additionally, adjustments made in the multi-staking section now respond more effectively. Finally, the staking summary will no longer display $ADA rewards on the mainnet.

Security and Scam Awareness

Remember, the Lace wallet platform’s browser extension is only available on the Chrome web store. Make sure to download it from there. Also, visit the official Lace website at www.lace.io for more information and updates.

Hot Take: Lace 1.6 Enhances User Control and Experience

The latest release of Lace, version 1.6, brings exciting new features and improvements to Cardano’s light wallet platform. With customizable multi-staking ratios, users have greater control over their stakes in different pools. The simplified user interface makes multi-staking a seamless experience by providing clear visibility and tooltips for easy understanding. Additionally, the recovery phrase setup has been made more user-friendly. Bug fixes address issues related to multi-staking calculations and display accuracy. Remember to prioritize security by downloading the official Chrome extension and visiting the verified Lace website. Stay informed and enjoy the enhanced features of Lace 1.6!

Read Disclaimer
This content is aimed at sharing knowledge, it's not a direct proposal to transact, nor a prompt to engage in offers. Lolacoin.org doesn't provide expert advice regarding finance, tax, or legal matters. Caveat emptor applies when you utilize any products, services, or materials described in this post. In every interpretation of the law, either directly or by virtue of any negligence, neither our team nor the poster bears responsibility for any detriment or loss resulting. Dive into the details on Critical Disclaimers and Risk Disclosures.

Share it

Introducing Lace Wallet 1.6 Update: Enhanced User Experience and Innovative Multi-Staking Functionality