Ambire

Ambire Wallet introduces a comprehensive dashboard for $WALLET token management, enabling users to: - Stake and unstake tokens - Migrate from xWALLET to stkWALLET - Participate in governance - Provide liquidity 2024 Governance Highlights: - 11 successful proposals implemented - Gas Tank consolidation to USDC approved - 54% of $WALLET tokens currently staked - $WALLET now available on Ethereum and Base - Community chose Base over Optimism for expansion Key Changes: - Transition to stkWALLET with dynamic rebasing - 195M $WALLET allocated for Ambire Legends - Scroll network integration - Extended xWALLET staking period Access the dashboard at [rewards.ambire.com](https://rewards.ambire.com/#/wallet)

Join us for an educational live stream exploring Web3 applications, with a special focus on @vaultsfyi. The session will include: - Technical breakdown of the platform's functionality - Discussion of implementation strategies - Live interviews with developers *Event Details:* **Date:** Tomorrow **Time:** 13:00 UTC **Platform:** Live on X Previous streams have covered topics like Coinbase Onramp and ZetaChain Universal Apps, making this part of an ongoing series exploring Web3 infrastructure.

The Ambire team is preparing to attend EthCC (Ethereum Community Conference) in Cannes, France next week. Key details: - Location: French Riviera, Cannes - Event: EthCC (Ethereum Community Conference) - Team seeking community meetups and networking opportunities For more information about Ambire's presence at EthCC, visit [their blog post](https://blog.ambire.com/ambire-ethcc8-cannes/) *Are you attending? Connect with the team on-site!*

Ethereum's upcoming upgrade introduces EIP-7702, a significant improvement for wallet functionality. This proposal aims to enhance account abstraction, enabling wallets to support both basic (EOA) and smart accounts simultaneously. Key points: - Hybrid account abstraction improves security and user experience - Combines benefits of traditional and smart contract wallets - Ambire implements this solution for enhanced wallet functionality [Read the detailed analysis](https://blog.ambire.com/eip-7702-wallet/) to understand how this upgrade affects your Ethereum experience.

Ambire has successfully demonstrated enhanced EOA (Externally Owned Account) capabilities on the Ithaca Odyssey Testnet, previewing features from Ethereum's upcoming Pectra upgrade. Key improvements enabled by EIP-7702: - Transaction batching for multiple operations - Simplified token approval management - Gas fee payment using ERC-20 tokens These features will be available to all existing Ethereum accounts, marking a significant advancement in wallet functionality and user experience. [View demo transaction](https://benzin.ambire.com/?chainId=911867&txnId=0xd1e0755113190d9ca650f05ebcf6959707c28ab95f707be805a2dfdd75e76c75)

Ambire has opened community voting for the distribution of Legends rewards, marking a significant governance milestone. - Voting period runs until January 29, 2025 - Community members can participate through Ambire Discord - Detailed proposal available for review and discussion This follows December's successful 2x points multiplier initiative during the Christmas period. *Your participation shapes the future of Ambire Legends rewards.*

The Bungee Exchange Protocol has launched, offering early access to Ambire wallet power users. This new protocol is being touted as a potentially significant development in the crypto space. Key points: - Ambire users can obtain 'Bungee Balls' for early access - The launch is described as potentially the 'drop of the year' - Early adopters may have a unique opportunity to test the protocol While the exact features and benefits of the Bungee Exchange Protocol are not detailed, the announcement suggests it could be a noteworthy addition to the crypto ecosystem. Interested users are encouraged to check the related tweets for more information on how to participate.

**Key Points:** - Extension launch campaign has a 195M WALLET allocation - Extension access qualifies users for the campaign - Extension users are already silently accruing XP This information confirms the scope and benefits of the extension launch campaign. Users with extension access are automatically included and have been accumulating experience points without explicit notification. The substantial WALLET allocation underscores the campaign's significance. *What's next?* Stay tuned for further updates on how to maximize your participation in the campaign.

Account abstraction wallets are often misunderstood. Let's clarify some common misconceptions: - **Message Signing**: These wallets can indeed sign messages. - **dApp Connectivity**: They are capable of connecting to decentralized applications. - **Hardware Wallet Support**: Account abstraction wallets can integrate with hardware wallets. - **Cross-Chain Consistency**: It's possible for these wallets to maintain the same address across different blockchain networks. Ambire Wallet is highlighted as an example that demonstrates all these capabilities, showcasing the versatility of account abstraction technology in practice.

Ambire has implemented a new security feature to enhance user protection. The wallet now alerts users about significant asset outflows before they sign a transaction. This proactive measure aims to prevent unintended large transfers and potential scams. Key points: - Alerts triggered for substantial asset movements - Notification occurs before transaction signing - Designed to improve user awareness and security This feature encourages users to double-check their transactions, potentially reducing errors and enhancing overall wallet security. Users are prompted to consider their thought process before signing transactions, promoting more mindful crypto management.