Review on Schain Wallet by Pedro O. Alvino M.
DEFI wallet for mobile devices
Understood as a wallet for the use of commerce in the platform of decentralized finance, it provides a variety of cases to the user that will allow to earn rewards passively through its staking system, which is still under development, but It is worth adding that its payment system and wallet design will allow easy handling of its functions.
Its SCHA token one month after being introduced on the market, currently the commercial movement is very low given the number of users that the project follows, in addition to being available on the Uniswap exchange, very popular among crypto exchanges, but one of the Important factors are due to the fact that a large part of its services are in the development phase, therefore the demand and use cases of the token are very low.
Pros
- Designed as a wallet specially directed for trading DEFI platforms.
- It is built on the Ethereum blockchain.
- It has a coin staking service.
- Includes an automated payment system.
- Offers a half transaction reduction on the network by using the platform's native token SCHA.
Cons
- Very commercial flow of SCHA in the market.
- Information about very limited equipment.
- Much of its functions are still under development.
