Lightwallet user guide - Revision history

Lemmy at 15:38, 27 December 2022

2022-12-27T15:38:20Z

Lemmy: /* Portfolio */

2022-11-11T10:44:15Z

Portfolio

Lemmy: /* DEX */

2022-11-09T13:31:28Z

DEX

Lemmy: added links to collateralization ratio article

2022-11-04T15:20:47Z

added links to collateralization ratio article

Lemmy: added vault details in new app version

2022-11-04T14:44:06Z

added vault details in new app version

Lemmy: added new vault details

2022-11-04T14:29:42Z

added new vault details

Lemmy at 13:50, 4 November 2022

2022-11-04T13:50:00Z

Lemmy: typos

2022-10-28T14:37:48Z

typos

Lemmy: /* Pool - Detail view */

2022-10-28T13:26:32Z

Pool - Detail view

Lemmy: /* Auctions */

2022-10-28T13:26:11Z

Auctions

@@ Line 174: / Line 174: @@
 .     Vault status – depending on the current [[Collateral ratio|collateralization ratio]] the color is indicating the risk of liquidation in red – amber – green
-.     Vault ID - the unique number identifying this vault on the blockchain, There is also a button representing a link to defiscan.live where you can further investigate this vault. This ID is needed when interacting with this vault with tools like dobby for monitoring or vault maxi for management of the vault.
+.     Vault ID - the unique number identifying this vault on the blockchain, There is also a button representing a link to defiscan.live where you can further investigate this vault. This ID is needed when interacting with this vault with tools like dobby for monitoring or [[VaultMaxi|vault maxi]] for management of the vault.
 .     Minimum collateralization ratio – this is the percentage where the vault would go into liquidation, depending on your selected loan schema

@@ Line 40: / Line 40: @@
 #You can go to the settings from here (cogwheel at the top left)
-#You can select the network (MainNet, TestNet or Playground) with the button on the top right. This button is visible on all tabs, so you always see at one glance if you are on the MainNet
+#You can select the network (MainNet, [[Testnet|TestNet]] or Playground) with the button on the top right. This button is visible on all tabs, so you always see at one glance if you are on the MainNet
 #You can add multiple Adresses to you wallet. Each address will get a generated icon and it is possible to label each address. The labels can help to organize your addresses but are not shared on the blockchain and not visible to others. By clicking the icon or the label you get a pop up window where you can organize your addresses (add additional ones or rename them) and select the address you want to use in the wallet. The popup also lets you copy the addresses to the clipboard.
 #With the Eye button you can toggle if the amounts and values of the assets are shown. For example, if you are using the wallet in public like on a train and some stranger sits beside you - you might want to hide the values.

@@ Line 93: / Line 93: @@
 ===DEX ===
-This 2nd tab of the app provides an overview of the trading pools of the decentralized exchange (DEX).
+This 2nd tab of the app provides an overview of the trading pools of the decentralized exchange ([[DEX]]).
 [[File:Dex.png|alt=Dex|thumb|Overview of the screen DEX|left]]

@@ Line 162: / Line 162: @@
 #Total value of collateral (Credit sum) in Dollar as the prices are taken from the oracles
 # Graphical representation of the vault – color indicating the status of the vault as a RAG status (Red – Amber – Green) depending on the current percentage
-#Current collateralization ratio of the vault - expressed as percentage (ratio of the deposited collateral value to loan value), this has to stay above the percentage of your loan schema to don’t get liquidated
+#Current [[Collateral ratio]] of the vault - expressed as percentage (ratio of the deposited collateral value to loan value), this has to stay above the percentage of your loan schema to don’t get liquidated
 #Borrow button - go to screen for borrowing more assets, pre-select the current vault
 |[[File:Lightwallet-loans-vaults.png|alt=List of vaults|none|thumb|List of vaults]]
@@ Line 172: / Line 172: @@
-.     Vault status – depending on the current collateralization ratio the color is indicating the risk of liquidation in red – amber – green
+.     Vault status – depending on the current [[Collateral ratio|collateralization ratio]] the color is indicating the risk of liquidation in red – amber – green
 .     Vault ID - the unique number identifying this vault on the blockchain, There is also a button representing a link to defiscan.live where you can further investigate this vault. This ID is needed when interacting with this vault with tools like dobby for monitoring or vault maxi for management of the vault.
@@ Line 285: / Line 285: @@
+|
 =====Vault Details (new version >2.10.0)=====
-.    Vault status – depending on the current collateralization ratio the color is indicating the risk of liquidation in red – amber – green
+.    Vault status – depending on the current [[Collateral ratio]] the color is indicating the risk of liquidation in red – amber – green
 .    Add collateral – this lets you choose token available in this address to be added in the collateral of this vault. Possible tokens are DFI, DUSD, dETH, dBTC, dUSDC and dUSDT
-.    Borrow – lets you mint additional token and create new loans. You will get a list of available dTokens including the interest rates. Clicking a Token forwards you to the borrow screen, prefilled with this token. The screen will show you the resulting collateralization ratio.
+.    Borrow – lets you mint additional token and create new loans. You will get a list of available dTokens including the interest rates. Clicking a Token forwards you to the borrow screen, prefilled with this token. The screen will show you the resulting [[Collateral ratio]].
-.    Pay – lets you pay back a loan. All tokens currently taken as a loan in this vault are shown in a list. A Pay button on each loan forwards you to a screen where you can pay back the loan of this token. There you can specify the amount you want to pay back. The screen will show you the resulting collateralization ratio. When you want to close the loan, it is best to choose the amount a little bit higher because you also must pay the interest for the current block. The resulting token (what you paid back too much) will stay in your address
+.    Pay – lets you pay back a loan. All tokens currently taken as a loan in this vault are shown in a list. A Pay button on each loan forwards you to a screen where you can pay back the loan of this token. There you can specify the amount you want to pay back. The screen will show you the resulting [[Collateral ratio]]. When you want to close the loan, it is best to choose the amount a little bit higher because you also must pay the interest for the current block. The resulting token (what you paid back too much) will stay in your address
 .    Edit – this button forwards you to a screen where you can change the loan schema for this vault (min collateralization ratio and base interest rate), this screen is shown bellow
@@ Line 305: / Line 305: @@
 .    The annual interest rate for taking loans, depending on the chosen loan scheme
-.    The minimum collateralization ratio, depending on the chosen loan scheme
+.    The minimum [[Collateral ratio]], depending on the chosen loan scheme
+|
 |-
@@ Line 324: / Line 324: @@
+|
 =====Edit loan scheme=====
-Here you can change the loan scheme of the vault. Depending on the minimum collateralization ratio the interest rates of the loans differ. A lower collateralization ratio means you can mint more tokens. That’s why for these schemes the interest rate is higher.
+Here you can change the loan scheme of the vault. Depending on the minimum [[Collateral ratio]] the interest rates of the loans differ. A lower collateralization ratio means you can mint more tokens. That’s why for these schemes the interest rate is higher.
 The following options are available:

@@ Line 284: / Line 284: @@
 |[[File:Lw-vaultdetails1.png|alt=Vault details 1|none|thumb|Vault details 1]]
+|
-=====Vault Details (new >2.10)=====
+=====Vault Details (new version >2.10.0)=====
 .    Vault status – depending on the current collateralization ratio the color is indicating the risk of liquidation in red – amber – green
-.    Add collateral – this lets you choose token available in this address to be added in the collateral of this vault
+.    Add collateral – this lets you choose token available in this address to be added in the collateral of this vault. Possible tokens are DFI, DUSD, dETH, dBTC, dUSDC and dUSDT
 .    Borrow – lets you mint additional token and create new loans. You will get a list of available dTokens including the interest rates. Clicking a Token forwards you to the borrow screen, prefilled with this token. The screen will show you the resulting collateralization ratio.
@@ Line 309: / Line 309: @@
 |-
+|
-===== Vault Details - collateral (new >2.10) =====
+===== Vault Details - collaterals and loans (new version >2.10.0) =====
-sdsdsds
+.    Button to withdraw collateral (for each token currently in the collateral) – this will decrease you collateralization ratio
 |[[File:Lw-vaultdetails2.png|alt=Vault details 2|none|thumb|Vault details 2]]
+|

@@ Line 280: / Line 280: @@
 .     Percentage of this token in the total collateral
 |[[File:Lightwallet-vault-editcollateral-en.png|alt=Vault - edit collateral|none|thumb|Vault - edit collateral]]
 |-
 |[[File:Lightwallet-vault-editschema-en.png|alt=Vault - edit loan scheme|none|thumb|Vault - edit loan scheme]]
+|
-===== Edit loan scheme =====
+=====Edit loan scheme=====
 Here you can change the loan scheme of the vault. Depending on the minimum collateralization ratio the interest rates of the loans differ. A lower collateralization ratio means you can mint more tokens. That’s why for these schemes the interest rate is higher.
 The following options are available:
-* 150% min. ratio > 5% APR
+*150% min. ratio > 5% APR
-* 175% min. ratio > 3% APR
+*175% min. ratio > 3% APR
-* 200% min. ratio > 2% APR
+*200% min. ratio > 2% APR
-* 350% min. ratio > 1.5% APR
+*350% min. ratio > 1.5% APR
-* 500% min. ratio > 1% APR
+*500% min. ratio > 1% APR
-* 1000% min. ratio > 0.5% APR
+*1000% min. ratio > 0.5% APR
 |}
@@ Line 301: / Line 335: @@
 |+
+|
-===== Auctions - Overview =====
+=====Auctions - Overview=====
 In this tab you can bid on vaults that are in liquidation.
@@ Line 309: / Line 343: @@
 |[[File:Lightwallet-auction-detail.png|alt=Auction - details|none|thumb|Auction - details]]
+|
-===== Auction - Details =====
+=====Auction - Details=====
 .    Back arrow - you can always go back to the overview screen
@@ Line 329: / Line 363: @@
 |-
+|
-===== Auctions - Bid History =====
+=====Auctions - Bid History=====
 Here you see the list of bids that got raised so far
 |[[File:Lightwallet-auction-history-en.png|alt=Auction - Bid History|none|thumb|Auction - Bid History]]
 |}

@@ Line 1: / Line 1: @@
-<!-- This article is currently build - it provides a user guide for the current version 2.8.1 - I'll try to keep this article up to date with future changes -->
+<!-- This article is currently updated to use version 2.10.0 instead of 2.8.1 - I'll try to keep this article up to date with future changes -->
 == Background and general infos ==
 The most common wallet for DeFiChain, the so called light wallet is the app for mobile devices “DeFiChain Wallet“. You find it on the google app store for Android or apples app store for iOs devices.
@@ Line 168: / Line 168: @@
 |[[File:Lightwallet-vault-collateral-en.png|alt=Vault details - collateral|none|thumb|Vault details - collateral]]
+|
-===== Vault Details =====
+===== Vault Details (old version <2.10) =====
@@ Line 213: / Line 213: @@
 |-
+|
-===== Vault details - Sub tab "Loans" =====
+===== Vault details - Sub tab "Loans" (old version <2.10) =====
 This Sub view lists all the loans currently taken using this vault.
@@ Line 235: / Line 235: @@
 |[[File:Lightwallet-vault-details-en.png|alt=Vault - sub tab "Details"|none|thumb|Vault - sub tab "Details"]]
+|
-===== Vault Details – Sub tab “Details” =====
+===== Vault Details – Sub tab “Details” Vault Details (old version <2.10) =====
 On this page you see some figures of the current vault:
@@ Line 255: / Line 255: @@
 |-
+|
-===== Edit collateral =====
+===== Edit collateral (old version <2.10) =====
 Here you can add or remove the assets deposited as collateral in the vault.

@@ Line 13: / Line 13: @@
 You can find some more basics on all available wallets in the article [[Beginners Guide en]]
-As the name already tells you, it is a light wallet. So, it does not require a full node having the whole blockchain data downloaded. Instead, an API is used to connect to servers that provide this data – on the DeFiChain this is the so called ocean API. You can specify the endpoint you want to use in the setting as described in the article [[Lightwallet change Ocean]]
+As the name already tells you, it is a light wallet. So, it does not require a full node having the whole blockchain data downloaded. Instead, an API is used to connect to servers that provides this data – on the DeFiChain this is the so called ocean API. You can specify the endpoint you want to use in the setting as described in the article [[Lightwallet change Ocean]]
 Everytime you want to do a transaction on the blockcahin (like for example sending or swapping coins) you will have to provide your passcode. While the transaction is processed you see an information pop up in the lower end of the app. There is also a link to open the transaction on defiscan.info. You have to wait until a transaction was finished to be able to sign the next one.
@@ Line 237: / Line 237: @@
 ===== Vault Details – Sub tab “Details” =====
 On this page you see some figures of the current vault:
@@ Line 256: / Line 257: @@
 ===== Edit collateral =====
 Here you can add or remove the assets deposited as collateral in the vault.
@@ Line 261: / Line 263: @@
 .     Add another token as collateral. The tokens available are DFI, DUSD, dETH, dBTC, dUSDC and dUSDT
 ''The following five points (3 – 7) are available on each token in the list of already added collateral''
@@ Line 321: / Line 325: @@
 .    Minimum value you would need to bid
 Bellow there is a button to show the bid history (next screen), or place a bid.
@@ Line 327: / Line 330: @@
+|
 ===== Auctions - Bid History =====
 Here you see the list of bids that got raised so far
 |[[File:Lightwallet-auction-history-en.png|alt=Auction - Bid History|none|thumb|Auction - Bid History]]
 |}

@@ Line 117: / Line 117: @@
 #Info on the APR tells you how high the rewards in this pool are currently when providing liquidity. APR stands for Annual Percentage Rate, so that is the rate of return in one years time, but other than the APY (Annual Percentage Yield) without considering the compounding (meaning reinvesting) of the rewards. Please note that the APRs vary a lot over time as they are depending on the trading volume and the value locked in the pool.
-===== Pool - Detail view =====
+==== Pool - Detail view ====
 By clicking on a pool in the list you are forwarded to a more detailed screen that provides even more information on the selected pool.
 [[File:PoolDetails.png|alt=Pool Details|thumb|Pool Details]]

@@ Line 108: / Line 108: @@
 #New pools – lists the five pools that got added the most recently
-==== View of one pool on the DEX ====
+==== View of one pool in the list ====
 One pool is displayed in the list like this
 [[File:Dex pools.png|alt=Dex pools|thumb|List of pools on the Dex - search result for "Ms"|left]]
@@ Line 117: / Line 117: @@
 #Info on the APR tells you how high the rewards in this pool are currently when providing liquidity. APR stands for Annual Percentage Rate, so that is the rate of return in one years time, but other than the APY (Annual Percentage Yield) without considering the compounding (meaning reinvesting) of the rewards. Please note that the APRs vary a lot over time as they are depending on the trading volume and the value locked in the pool.
 By clicking on a pool in the list you are forwarded to a more detailed screen that provides even more information on the selected pool.
 [[File:PoolDetails.png|alt=Pool Details|thumb|Pool Details]]
@@ Line 280: / Line 281: @@
 ===== Edit loan scheme =====
 Here you can change the loan scheme of the vault. Depending on the minimum collateralization ratio the interest rates of the loans differ. A lower collateralization ratio means you can mint more tokens. That’s why for these schemes the interest rate is higher.
 The following options are available:
@@ Line 296: / Line 296: @@
 {| class="wikitable"
 |+
 |Overview
 |[[File:Lightwallet-auction-overview-en.png|alt=Auction - overview|none|thumb|Auction - overview]]
 |-
 |[[File:Lightwallet-auction-detail.png|alt=Auction - details|none|thumb|Auction - details]]
-|Detail
 |-
-|Bid history
 |[[File:Lightwallet-auction-history-en.png|alt=Auction - Bid History|none|thumb|Auction - Bid History]]
 |}