Lace wallet is a browser-based solution that is close to a similar MetaMask product. The novelty gives users the ability to receive and send ADA, a native Cardano token. Also, with the help of the service, users can receive rewards for participating in the ADA staking program.
One of the important features of Lace is the presence of the “bundle transaction” function, which combines a transaction into a single data package. This solution allows you to send multiple assets to different addresses, paying a transaction fee only once, and thereby save money.
Lace wallet gives investors access to DeFi tools and encourages the use of services in any block chain, improving the ecosystem of Cardano network tokens.
Wallet developers have announced plans to refine the service’s updates to the fiat-cryptographic ramps, DApp marketplace, advanced staking and swaps capabilities in the wallet.
After the announcement of the launch Lace wallet, the price of the ADA token has increased by 5.3% in the last 24 hours.