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Table of contents The Basics of Insurance in DeFi Introduction to Nexus Mutual Key Terms Relating to Insurance in DeFi How to Buy Crypto Insurance How to Make a Claim on your Crypto Insurance Policy The Basics of Insurance in DeFiBlockchain increases efficiency by reducing the high costs and long processing times associated with traditional insurance companies。com Wallet app。Verse Lounge discussions take place in the exclusive Verse Lounge Telegram group, which is made accessible by following the procedure described below。Alternatively, you can try a different payment processor by opening your web browser and visiting https://buy。com Wallet app to allow it to access your camera。com Wallet app。Table of ContentsWhat is a shared wallet?Why should I use a shared wallet?How does a shared wallet work?What are the downsides of shared wallets?Does every participant share a private and public key?Setting up a shared walletHow to share a shared walletHow to join a shared walletHow many participants and approvals can my shared wallet have?What cryptocurrencies can I use shared wallets for in the Bitcoin。Your chosen wallet will generate an address that lets you receive coins。You also have the option to add Polygon, AVAX, and a BNB wallet。Select the assets to swap, then select “Swap Preview。Recommended actions: Enable payment via online banking app or by entering the SMS code sent to you。How to protect yourself from slippageCheck market depth to ensure there’s enough liquidity for your tradeIn the Analytics section, check the liquidity for the pool you’d like to trade。How to share a shared wallet?After you’ve set up your shared wallet (see above), you’ll be prompted to invite participants。The Importance of Waiting for ConfirmationWhen receiving cryptocurrency, it is crucial to wait until the transaction is no longer pending and has been confirmed on the blockchain。It depends on several factors, including network congestion, the fee paid, and the specific blockchain's average block time。Setting up a shared walletDownload and install the app。com’s Verse ecosystem in the app from Home > Verse Explorer。If you’re using the 12-word recovery phrase method, make sure to store your phrase securely。6 of Electron Cash SLP from "Assets" tab 2。com Wallet app How do fees work on the Polygon network Customizing fees when using the Polygon network in the Bitcoin。Are cross-chain swaps on Verse DEX subject to slippage?Yes, cross-chain swaps are subject to slippage, especially during periods of high volatility。Note that you will need a small amount of ETH to pay for the claim transaction。data file via emailIf you have opted to send your encrypted wallet recovery file to your email, simply open the file and enter the master password you created when you set up automated cloud backup in the Bitcoin。At the time of writing, staking yields are in the 3-4% APY range。Ensure that you are sending the right token eg。com Wallet AppTo get started using other blockchains the app supports, follow the steps below: Tap the “Funds” icon at the bottom of the screen:2。GiftA donor's letter explaining the reason for the gift and the source of their wealth。Cancelled transactions will be reverted to the sender's wallet, meaning the balance will show up in your wallet again。If the fee you attached to your submitted transaction is too low and network congestion remains high, there's a chance your transaction will stay pending。Open Safari and visit the website。com's decentralized exchange Verse DEX here。Where does the yield for USDC staking come from?The yield for USDC staking comes from lending markets where some market participants pay interest to borrow USDC。The process for doing so depends on how you backed up your Wallet。On mobile Go to Verse。Mint Your NFT: Use your newly acquired fxVERSE to mint your Verse Voyager NFT。Keep in mind that the actual amount of Bitcoin received may vary due to fees。Read more here about why you need to verify your identity。Second is the priority fee, or tip, which is paid to network validators。You can check gas rates using a tool like https://polygonscan。Alternatively, you can try a different payment processor by opening your web browser and visiting https://buy。com/Verse ecosystem, so it is imperative that Verse DEX offer a best-in-class decentralized trading experience。This generally falls into two categories: spending and web3 use cases。It essentially acts as a search engine for the blockchain, allowing anyone to view information about the blocks, addresses, and transactions created by the Bitcoin network。With ~50 million self-custody wallets created in its multi-chain DeFi-ready Bitcoin。nexusmutual。Table of contents What is a liquidity pool? What is the purpose and function of providing liquidity to a decentralized exchange? What are the rewards for providing liquidity to Verse DEX? Is there a minimum amount required to contribute to liquidity pools on Verse DEX and earn yield? How to contribute to liquidity pools on Verse DEX and earn yield - In the app - On the web What is a liquidity pool token? What is impermanent loss? What is a liquidity pool?A liquidity pool is a collection of cryptocurrencies or digital assets that help facilitate more efficient financial transactions such as swapping, lending, and earning yield。com Wallet appPlease see this guide for step-by-step instructions。Complete the KYC process if requested。Step-by-step instructions to import a multisig wallet from old wallets Step 1 Click into your shared wallet and tap the "Settings" cog in the top-right corner。Follow the on-screen instructions to approve the use of the tokens in your wallet, and to confirm the deposit into the pool。Navigate to the "Funds" tab。Choose from one of the three following options:'Eco' means you'll pay a lower fee, but your transaction will take longer。Please check your email because in some cases additional checks may be required on your submitted identification documents or banking institution。Common bank transfer related transaction failed reasons“Transaction Limit Exceeded: We're sorry, but this transaction exceeds your remaining daily limit of $0。If you have backed up your wallet on the cloud prior to the October security update, we have released a new function to repair the wallet。Choose which of your Bitcoin。For example, you can send it via messaging app (Whatsapp, Line, Telegram, etc。What if I’m already staking VERSE? Rewards in the existing VERSE staking pool on Ethereum will be reduced gradually starting from November 2024。, Polygon chain, and fxVERSE token)。At each stage you have option to tap/click to view details。SummaryBitcoin。How do I check my PIN and ACS Password?Visit card。You can later redeem these LP tokens for the underlying assets (eg。Input the amount you’d like to swap。​[email protected]。What is the contract address of the Verse Voyagers NFT?0x1B66671260509026e0d19237B7F32f54F13C756APlease do not send sends directly to the above contract。Select the method for sending the link。Leave a space between each word if entering the recovery phrase manually。" How Pending Transactions WorkWhen a cryptocurrency transaction is made, it enters a queue known as the mempool (short for memory pool)。Verify Derivation Path: - Ensure the derivation path is set to m/44'/0'/0'。You can use your VERSE to purchase Scratch & Win tickets here, re-spin traits on Verse Voyager NFTs, get exclusive access to the Verse Lounge Community VIP community, and more。com Wallet, approve the connection request。Summary Pending transactions are unconfirmed and it is essential to wait for confirmation to ensure the transaction is secure and irreversible。For larger transactions, vendors or individuals might require more confirmations (for example, six confirmations is often considered very secure in the Bitcoin network) to ensure that the transaction is valid and irreversible。Step 8:Under "Wallet Type" select "Personal Wallet"。Tap "Download and install"。Table of contentsWhat is cloud backup?Why stop using cloud backup?How to remove your cloud backup file from your cloud storage providerApple iCloudGoogle Drive What is cloud backup?Cloud backup is a secure way to self-custody your crypto while protecting yourself from losing your data from the many ways it can become inaccessible。When the transaction request is approved or declined, your funds will unlock and your balance will be shown again。Choose from what wallet you want to send Bitcoin。Estimated confirmation time: 30-60 seconds。The full name written on the card, which must match your registered name, must also be visible in the photo。com Wallet app。You can tap the copy icon next to the transaction ID to copy it to your clipboard。What is Wallet Connect (WC) and why do I need it to play Verse Clicker?Wallet Connect (WC) is a protocol that allows you to connect your web3 wallet such as the Bitcoin。com WalletWhen you create a transaction on the Ethereum network using the Bitcoin。​If you have any trouble at all, please feel free to send us a message by clicking the chat icon on the bottom right part corner or sending us an email at [email protected]。It comes installed with wallets for three chains: Bitcoin, Bitcoin Cash, and Ethereum。For example, fraud sites that look exactly like sites we all use every day (Facebook, Gmail, your bank) used to be quite common。A transaction request represents the initiation of an on-chain transaction。However, starting early 2024, you will no longer receive updates, meaning you won’t have the highest level of security possible。00000001 MATIC and increase the gas price。Ensure your Internet connection is working。These are called “pools,” or sometimes “liquidity pools。com, we take the security of our users' accounts and transactions very seriously。Confirm access on guild。When you are satisfied with the deposit amounts, click “Create New Pool” to start the process。com Wallet app here。com Wallet appTo update your wallet, please go to the app store/play store, search for the Bitcoin。Look over the order。Note: the fee for sending is also displayed on this screen, and you do have the option to customize your fees