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Yoroi is a digital wallet application designed to help users safely store, manage, and interact with the cryptocurrency Cardano (ADA). It is a user-friendly software that allows individuals to access and manage their Cardano assets easily, whether they are on their computer or mobile device.
Yoroi was created with a strong focus on security and simplicity. Unlike more complex digital wallets that require users to download and store the entire blockchain (a massive database of all transactions), Yoroi is a "light wallet." This means it doesn’t require users to download the full blockchain, making it much faster and easier to set up and use.
The wallet is available as both a browser extension (which can be added to web browsers like Chrome or Firefox) and as a mobile app (for iOS and Android devices). This flexibility allows users to manage their Cardano assets from virtually anywhere. One of the key features of Yoroi is its strong emphasis on security. Users have full control over their funds because the wallet is non-custodial, meaning that only the user has access to their private keys (a kind of password that controls the cryptocurrency). These private keys are encrypted and stored securely on the user's device, never being shared or stored elsewhere. For those who want an extra layer of protection, Yoroi also supports integration with hardware wallets like Ledger and Trezor, which are physical devices designed to keep cryptocurrency secure.
In addition to securely storing Cardano, Yoroi allows users to participate in Cardano's staking system. Staking is a process where users can delegate their ADA to a stake pool, contributing to the network’s operation and, in return, earning rewards. This feature makes Yoroi not only a place to store digital currency but also a tool for generating some passive rewards.
The Yoroi dApp Connector enables users to interact seamlessly with decentralized applications (dApps) on the Cardano blockchain directly from their Yoroi Wallet. By using the dApp Connector, users can authorize and execute transactions within these applications without needing to leave the wallet environment, ensuring a secure and streamlined experience. This functionality empowers users to engage with a variety of decentralized services, such as DeFi platforms and NFT marketplaces, while maintaining full control over their private keys and funds. The dApp Connector enhances Yoroi's utility, making it a vital tool for accessing the growing ecosystem of Cardano-based dApps.
The design of Yoroi is clean and straightforward, ensuring that even those who are new to cryptocurrencies can navigate it easily. It provides clear instructions and simple controls, making it accessible for everyone, regardless of their technical background.
Overall, Yoroi is a secure, fast, and easy-to-use digital wallet specifically created for Cardano users. It empowers people to safely manage their cryptocurrency, participate in staking, and engage with the Cardano ecosystem in a way that is both accessible and reliable.
Yoroi was developed with the primary purpose of providing a secure, lightweight, and user-friendly digital wallet for the Cardano (ADA) cryptocurrency. From its inception, Yoroi's mission has been to empower users to easily and safely manage their Cardano assets without requiring deep technical knowledge or complex setups. It was designed to be an accessible entry point into the Cardano ecosystem, ensuring that anyone, whether new to cryptocurrencies or experienced, could store, send, receive, and stake ADA with confidence.
Over time, while Yoroi has evolved to include additional features, such as staking capabilities and a dApp connector for interacting with decentralized applications on the Cardano blockchain, its core purpose has remained unchanged. The wallet continues to focus on delivering a secure, intuitive, and efficient experience for managing ADA. This unwavering commitment to its original purpose has solidified Yoroi's reputation as a trusted and reliable wallet within the Cardano community, supporting the broader mission of making blockchain technology accessible to everyone.
The Network Management in Yoroi allows users to select from multiple networks, providing a flexible environment for both regular users and developers. This feature is particularly useful for developers who are testing their decentralized applications (DApps) on the Cardano blockchain. With Yoroi, users can easily switch between the Mainnet—the live version of the Cardano network—and various test networks such as Preview, Sancho, and Preprod. These test networks replicate the conditions of the Mainnet, enabling developers to rigorously test their DApps in a controlled environment before deploying them live. By supporting these multiple networks, Yoroi ensures that developers can catch and resolve potential issues, fine-tune their applications, and ensure optimal performance and security, ultimately contributing to a smoother experience for end-users when the DApps go live on the Mainnet.
The Select Network feature in Yoroi allows users to switch between the live Mainnet and various test networks like Preview, Sancho, and Preprod, enabling developers to test their DApps in a safe environment before launching them on the live Cardano network.
The App Management in Yoroi provides users with a variety of settings to customize and control their wallet experience. This includes options to reset the entire wallet, select a preferred language, choose a currency for displaying balances, and switch between light and dark themes. Users can also migrate old versions of the wallet, view the Terms of Service and Privacy Policy, and manage analytics settings, enabling or disabling them as needed. Additionally, Yoroi offers a Privacy Mode feature, allowing users to hide or show their wallet balances, giving them greater control over their privacy. This comprehensive suite of tools ensures that users can tailor their Yoroi wallet to their preferences and maintain a secure and personalized experience.
The Reset Wallet feature in Yoroi allows users to completely clear their wallet's data from the device. This is particularly useful when a user wants to leave Yoroi or switch to a different wallet. By resetting the wallet, all stored information, including account details, transaction history, and personalized settings, are erased. This ensures that no sensitive data remains on the device, helping to maintain security and privacy. However, it's important to note that before using this feature, users should ensure they have safely backed up their recovery phrase, as resetting the wallet will require this phrase to restore access to their funds in the future.
The Select Language feature in Yoroi allows users to choose their preferred language for the wallet interface. This feature enhances accessibility by offering multiple language options, ensuring that users can navigate and use the wallet in the language they are most comfortable with. By providing this customization, Yoroi caters to a global audience, making it easier for users from different linguistic backgrounds to manage their Cardano assets with ease and confidence. Yoroi supports a variety of languages with the help of community through CrowdIn platform.
- English
- Japanese
- Portuguese
- Russian
- French
- Dutch
- Vietnamese
- many more
The Select Currency feature in Yoroi enables users to choose a preferred fiat currency for displaying their ADA balance. This feature allows users to view the value of their holdings in a familiar currency, such as USD, EUR, or others, making it easier to track the real-world value of their assets. By offering this option, Yoroi provides a more personalized and user-friendly experience, helping users to better manage their finances within the wallet.
The Select Theme feature in Yoroi allows users to switch between a dark and light mode for the wallet interface. This feature provides a customizable visual experience, catering to user preferences and environmental conditions. Dark mode is ideal for low-light settings, reducing eye strain, while light mode offers better visibility in brighter environments. By offering these theme options, Yoroi ensures that users can personalize their wallet’s appearance to match their comfort and aesthetic preferences.
The Migrate Old Versions feature in Yoroi allows users to seamlessly upgrade their wallet from older versions, including those as far back as version 1. This feature ensures that users can transition to the latest version of Yoroi without losing any data or having to manually re-enter information. It securely transfers all wallet data, including balances, transaction history, and settings, to the new version, ensuring compatibility and access to the latest features and security enhancements. This functionality is crucial for users who have been with Yoroi since its early releases, providing a smooth upgrade path and maintaining continuity in their wallet management.
The Show Terms of Service feature in Yoroi provides users with easy access to the wallet's legal agreements and conditions of use. By selecting this option, users can review the Terms of Service, which outline the rules, responsibilities, and legal obligations associated with using the wallet. This feature ensures that users are informed about their rights and the terms under which the wallet operates, helping them make informed decisions and ensuring transparency between the user and the wallet provider.
The Show Privacy Policy feature in Yoroi allows users to access and review the wallet's privacy practices. By selecting this option, users can read how their data is collected, used, and protected by the wallet. The Privacy Policy provides detailed information about the measures in place to ensure user privacy and data security, helping users understand how their personal information is handled and what their rights are regarding their data. This feature promotes transparency and trust by clearly communicating the wallet’s commitment to safeguarding user information.
The Enable Analytics feature in Yoroi allows users to opt in to data collection and analysis to help improve the wallet's performance and user experience. When enabled, this feature allows Yoroi to gather anonymous usage statistics and error reports, which are used to identify issues, enhance functionality, and optimize the wallet's overall performance. By participating in analytics, users contribute to the ongoing development and refinement of Yoroi, ensuring that future updates better meet their needs.
The Disable Analytics feature in Yoroi allows users to opt out of data collection and analytics. When this option is selected, Yoroi will no longer gather usage statistics, error reports, or other anonymized data. This ensures that users' interactions with the wallet remain private, with no data sent to the developers for analysis. Disabling analytics can be a choice for users who prioritize privacy or wish to limit data sharing, while still benefiting from the core functionalities of the wallet.
The Enable Privacy Mode feature in Yoroi allows users to conceal their wallet balances from view. When activated, this mode hides the actual amounts of ADA and any other displayed financial information, enhancing user privacy by preventing unauthorized or casual viewers from seeing the balance. This feature is particularly useful in situations where users want to keep their financial details confidential, such as when sharing their screen or using public devices.
The Disable Privacy Mode feature in Yoroi allows users to reveal their wallet balances once again - this is the default option. When this mode is deactivated, the previously hidden amounts of ADA and other financial details become visible, providing users with full access to their balance information. This feature is useful for users who wish to view or manage their balances openly after having previously enabled privacy settings to conceal them.
Authentication Management in Yoroi helps keep your wallet secure and accessible with a few easy-to-use features. You can Login with PIN to quickly access your wallet using a personal code that you set up. For added security on mobile devices, you can Enable Authentication with OS to use biometric options like fingerprint or facial recognition, making it even easier to log in securely. If you prefer not to use biometric features, you can Disable Authentication with OS to turn off this option. Finally, the Logout feature lets you safely exit your wallet when you're done, ensuring that your information stays protected. These features together ensure that your wallet remains both secure and user-friendly.
The Login with PIN feature in Yoroi allows you to access your wallet quickly and securely using a personal identification number (PIN) that you create. This PIN acts as a password to unlock your wallet, providing a simple and effective way to keep your account safe while making it easy for you to get to your funds without the need for more complex login methods.
The Enable Authentication with OS feature in Yoroi allows you to use biometric security on your mobile device, such as fingerprint or facial recognition, to access your wallet. By activating this option, you can log in quickly and securely using your device’s built-in biometric capabilities, offering a convenient and high-level security method for protecting your wallet.
The Disable Authentication with OS feature in Yoroi turns off biometric login options like fingerprint or facial recognition on your mobile device. When you disable this feature, you will be required to set up and use a PIN for accessing your wallet. This ensures that, even without biometrics, your wallet remains secure with an alternative method of authentication.
The Logout feature in Yoroi allows you to safely exit your wallet, ensuring that your account is secure when you're not using it. By logging out, you close your session and prevent unauthorized access to your wallet, which helps protect your sensitive information and funds.
Wallet Management in Yoroi provides a range of tools to help you effectively manage your cryptocurrency wallets. You can start by selecting from your existing wallets, creating new ones with hardware security or password protection, and restoring old wallets if needed. If you need to update your security, you can change your spending password to keep your transactions secure. Additionally, you can manage how your funds are used by setting collateral for staking, deleting wallets you no longer need, or renaming them for better organization. The system also lets you synchronize your wallet with the latest blockchain updates to ensure all your information is current.
Wallet Management offers convenience and flexibility. You can switch between different address modes to fit your needs, and enable or disable easy confirmation features using biometric authentication, like fingerprint or facial recognition, for quick and secure transaction approvals. If you need to approve transactions, you can do so using a hardware device or password, adding an extra layer of security.
The Change Selected Wallet feature in Yoroi allows you to switch between different wallets you have set up within the application. This function is useful when you have multiple wallets for various purposes, such as personal, business, or different cryptocurrencies. By using this feature, you can easily select which wallet you want to manage or view at any given time, ensuring that you can access and control the specific set of assets or settings you need. This streamlined management makes it simple to handle multiple wallets without having to log in and out or deal with complex setups.
The Create HW/Password Wallet feature in Yoroi lets you set up a new wallet using hardware security, such as a Ledger or Trezor device, or with a password. This process provides a high level of security by either leveraging the advanced protection of a hardware wallet or using a strong password to safeguard your funds. By creating a hardware wallet, you ensure that your private keys are stored securely on the device, which is not connected to the internet, thus reducing the risk of online theft. Alternatively, a password-protected wallet offers robust security through encryption, protecting your assets with a unique passcode that you create. This feature ensures that your crypto holdings are well-protected and accessible only to you.
The Restore HW/Password Wallet feature in Yoroi allows you to recover a previously created wallet using a hardware device like Ledger or Trezor, or by entering a password. If you’ve lost access to your wallet or need to set it up on a new device, this feature enables you to restore your wallet’s contents securely. For hardware wallets, you’ll connect your Ledger or Trezor device and follow the prompts to restore your wallet using the recovery seed or backup phrase you saved. If you used a password-protected wallet, you’ll enter your password to regain access. This process ensures that all your stored assets, transaction history, and settings are restored, allowing you to resume managing your crypto funds with minimal disruption.
The Change Spending Password feature in Yoroi allows you to update the password used for making transactions. This password is crucial for authorizing and securing your cryptocurrency transfers and activities within the wallet. By changing it, you enhance security by ensuring that only those who know the new password can approve transactions. This feature is useful if you suspect that your current password might be compromised or if you simply want to refresh your security measures. The process involves setting a new password while ensuring that all your existing security settings and wallet data remain intact.
The Set Collateral UTXO feature in Yoroi is used to allocate specific unspent transaction outputs (UTXOs) as collateral for interacting with Cardano smart contracts, also known as Plutus scripts. This process involves setting aside certain funds to ensure that transactions involving smart contracts are executed properly and securely. By designating these UTXOs as collateral, you provide the necessary funds to cover potential costs or risks associated with executing smart contracts. This feature is essential for users who want to engage with advanced blockchain functionalities, ensuring their interactions with Plutus scripts are supported and protected.
The Delete a Wallet feature in Yoroi allows you to permanently remove a wallet from the application. This action deletes all associated data, including transaction history, settings, and any stored funds. It’s a useful option if you no longer need a particular wallet or wish to clean up your wallet list. Before deleting a wallet, make sure you have backed up any important information or recovered funds, as this action cannot be undone and the data will be lost permanently.
The Rename Wallet feature in Yoroi allows you to change the name of an existing wallet to something more descriptive or meaningful to you. This is useful for organizing multiple wallets or simply updating the wallet’s name to better reflect its purpose. Renaming a wallet does not affect its data or funds; it only changes how the wallet is labeled within the application. This feature helps you keep your wallets organized and easily identifiable, making wallet management more intuitive.
The Synchronize a Wallet feature in Yoroi ensures that your wallet is updated with the latest blockchain data. When you synchronize your wallet, it connects to the Cardano network and refreshes the information to reflect recent transactions, changes, or updates. This process ensures that your wallet displays the most current balance and transaction history, keeping everything accurate and up-to-date. Synchronization is essential for maintaining the integrity and reliability of your wallet's information, allowing you to manage your assets effectively.
The Change Wallet Address Mode (multi-or-single) HD/SA feature in Yoroi allows you to switch between different address types for your wallet.
- HD (Hierarchical Deterministic) Mode: This mode generates multiple addresses from a single seed, enhancing privacy and organization by creating a new address for each transaction or receipt. It's useful for maintaining anonymity and tracking funds more effectively.
- SA (Single Address) Mode: This mode uses a single address for all transactions. While simpler, it may be less private since the same address is reused, making it easier to track all transactions associated with that address.
By changing the address mode, you can tailor your wallet’s address management to better suit your needs, whether you prefer the privacy and variety of HD addresses or the simplicity of a single address.
A good set of dApps work only in single address mode.
The Enable Easy Confirmation with OS feature in Yoroi allows you to use biometric authentication, such as fingerprint or facial recognition, to quickly and securely approve transactions on your mobile device. When this feature is activated, you can confirm transactions with a simple biometric scan instead of manually entering passwords or PINs. This enhances both convenience and security, making it faster to complete transactions while ensuring that only authorized users can approve them. This feature is designed to streamline the transaction process on mobile devices, providing a seamless and secure user experience.
The Disable Easy Confirmation with OS feature in Yoroi turns off biometric authentication for transaction approvals on your mobile device. When you deactivate this option, the wallet will no longer use fingerprint or facial recognition for confirming transactions. Instead, you will be required to enter your password for each transaction, adding an extra layer of security. This feature is useful if you prefer to use a password for transaction approvals or want to enhance security by disabling biometric access.
The Sign Tx HW/Password feature in Yoroi allows you to authorize and sign cryptocurrency transactions using a hardware wallet or a password. When you use this feature, you can approve transactions securely by connecting your hardware wallet (such as Ledger or Trezor) and confirming the transaction details directly on the device. If you’re using a password-protected wallet, you’ll need to enter your password to sign the transaction. This process ensures that your transactions are validated with high security, whether through the hardware device’s encryption or the password you’ve set up, protecting your assets from unauthorized access.
Portfolio Management in Yoroi helps you keep track of all your digital assets in one place. With this feature, you can view a detailed list of all your NFTs (unique digital collectibles) and FTs (regular digital tokens), including their current balances and market prices. It also lets you explore your NFTs in a gallery format, making it easy to see and manage your collection. If you want to find specific NFTs or tokens, you can quickly search for them using the query function. Additionally, you can review the price history of your tokens to see how their values have changed over time and check recent price changes to understand their current performance. For a more focused view, you can filter transactions to see only those related to tokens, helping you track and manage your token activities more effectively.
The List all NFTs/FTs Balances & Prices feature in Yoroi provides a comprehensive overview of all your NFTs (non-fungible tokens) and FTs (fungible tokens). It displays each of your digital assets along with their current balances and market prices. This allows you to easily see how many of each token you hold and their value in the market, helping you keep track of your collection and make informed decisions about your investments.
The Navigate on NFTs Gallery feature in Yoroi lets you explore your NFT collection in a visually engaging way. You can browse through a gallery where each NFT is displayed with high-resolution images. This feature allows you to zoom in on the images to get a closer look at the details and expand all the traits associated with each NFT. It provides a comprehensive view of your collectibles, making it easier to appreciate and manage your digital assets.
Search NFTs/FTs allows you to quickly locate specific NFTs (non-fungible tokens) or FTs (fungible tokens) within your portfolio by entering relevant keywords or criteria. This feature simplifies the process of finding individual items or assets amidst a large collection, making it easier to manage and access specific tokens or collectibles.
Show Token Price History provides a detailed view of the historical price movements of your tokens over time. This feature lets you track how the value of your tokens has changed, offering insights into long-term trends and helping you make informed decisions based on past performance.
Show Token Price Change displays the percentage change in the price of your tokens over a specified period. This feature highlights recent fluctuations in value, allowing you to quickly see how your tokens have performed in the short term and gauge their current market position.
The Filter Token Transactions Only feature in Yoroi allows you to view and isolate transactions that specifically involve your tokens, such as buying, selling, or transferring NFTs (non-fungible tokens) and FTs (fungible tokens). This feature helps you focus solely on token-related activities, filtering out other types of transactions. By using this filter, you can more easily track and manage the movement of your tokens, making it simpler to review and analyze your token-specific financial activities.
Transactions Management in Yoroi provides a range of tools to handle and review your financial transactions with ease. The List Transactions feature gives you a comprehensive overview of all your recent transactions, allowing you to see the details at a glance. If you want more information, you can Expand Transactions Details to view additional specifics about each transaction, such as amounts, dates, and involved addresses. For a deeper dive, you can Launch a Cardano Explorer from Transaction, which takes you to an external Cardano explorer for more detailed blockchain data related to a specific transaction.
List Transactions in Yoroi provides a thorough summary of all your recent transactions in a single view. This feature displays essential details such as the date, amount, and status of each transaction, helping you quickly track and review your wallet's financial activities. By having a comprehensive list, you can efficiently monitor your transaction history, stay organized, and ensure you’re aware of all movements within your wallet.
Expand Transactions Details allows you to delve deeper into the specifics of each transaction. When you select this option, additional information is revealed, including the transaction ID, sender and receiver addresses, and transaction fees. This detailed view is crucial for understanding the full context of each transaction, assisting in tracking, troubleshooting, and verifying the accuracy of your financial activities.
Launch a Cardano Explorer from Transaction enables you to access a blockchain explorer directly from a transaction entry. By using this feature, you can view extensive blockchain data related to a specific transaction, such as its confirmation status, block number, and complete transaction history. This in-depth exploration helps verify transaction details and monitor their status on the Cardano network, providing greater transparency and assurance.
Download Tx History (web-only) is a vital feature for keeping a complete record of all your transactions. By downloading a comprehensive file of your transaction history, you ensure that you have detailed documentation for financial reporting and tax purposes. This feature is especially useful for jurisdictions requiring thorough records for tax filings, helping you maintain compliance and manage your finances effectively.
Download Tx allows you to save the details of a specific transaction in a downloadable format. This is particularly helpful for keeping personal records or preparing detailed reports for tax documentation. Whether you need a copy of a particular transaction for your records or to support financial analysis, this feature provides a convenient way to obtain and store transaction details.
Submit Tx lets you initiate and send new transactions from your wallet. This feature allows you to perform various actions on the Cardano network, such as transferring funds or interacting with smart contracts. To use this feature, you enter the transaction details and confirm the submission, ensuring that your actions are processed securely and accurately on the blockchain.
Review Tx Details provides a final check on the specifics of a transaction before it is finalized or after it has been completed. This feature allows you to verify the amount, addresses involved, and transaction fees, ensuring that everything is correct. Reviewing transaction details helps you confirm accuracy and avoid errors, providing peace of mind that your financial activities are conducted properly.
Staking Management in Yoroi is a comprehensive module designed to facilitate and optimize your involvement in the Cardano network's staking process. This module provides all the necessary tools to manage your staking activities efficiently, from registering and delegating funds to monitoring rewards and participating in governance.
Register Staking Key enables you to link a new staking key to your wallet, allowing you to start earning rewards by participating in Cardano’s staking process. Once registered, your staking key can be used to delegate your funds and contribute to the network's security and functionality.
Deregister Staking Key allows you to unlink a staking key from your wallet. This action is useful if you no longer wish to participate in staking or want to switch to a different staking key. Deregistering ensures that your funds are no longer locked into the staking process, giving you more flexibility in managing your assets.
Delegate Funds lets you allocate your ADA to a specific staking pool. By delegating your funds, you contribute to the network’s consensus and security while earning staking rewards. This feature helps you choose and support a staking pool that aligns with your preferences or goals.
Withdraw Rewards provides the option to collect your accumulated staking rewards from the Cardano network. After participating in staking, you can use this feature to transfer your earned rewards to your wallet, converting your staking efforts into tangible benefits.
Show Epoch Progress gives you an overview of the current epoch's status, including how far along it is in the staking cycle. This feature helps you track the progress of your staking activities and understand the timing of reward distributions.
Show Current Rewards displays the rewards you have earned so far from your staking activities. This feature provides real-time information on how much you’ve accumulated, allowing you to monitor the effectiveness of your staking strategy.
Show Rewards History allows you to review a history of all your staking rewards. This feature helps you track the performance of your staking activities over time, providing insights into past earnings and helping you evaluate the success of different staking periods.
Register for Catalyst Voting enables you to participate in Cardano’s governance process by registering to vote in the Project Catalyst initiative. This feature allows you to have a say in the development and funding of projects within the Cardano ecosystem.
Download Catalyst Voting QR Code provides a QR code that you can use for voting in Catalyst elections. By downloading this code, you get a convenient way to access your voting credentials and participate in the governance process, ensuring that you can contribute to the decision-making in the Cardano network.
Governance Management in Yoroi provides tools for participating in and influencing the decision-making processes within the Cardano ecosystem. This module is designed to help you manage how you engage with Cardano's governance system, ensuring that your preferences and opinions are represented effectively.
Choose a Delegated Representative allows you to select a representative to act on your behalf in Cardano's governance decisions. By choosing a representative, you entrust them with the authority to vote or make decisions that align with your interests and views. This feature is especially useful if you want to participate in governance but prefer to delegate your voting power to someone who is more actively engaged or has specific expertise.
Change the Delegated Representative enables you to update your choice of representative if your preferences or circumstances change. Whether you want to switch to a different individual or organization, this feature ensures that your governance representation remains aligned with your current goals and viewpoints. Changing your representative helps you adapt to new developments within the Cardano ecosystem or reflect changes in your personal or professional priorities.
Set for Abstain allows you to indicate that you wish to abstain from voting or participating in certain governance decisions. When you set this option, your vote or input will not be counted on specific issues, reflecting a neutral stance. This feature is useful if you prefer not to take a position on certain topics or if you feel insufficiently informed to make a decision.
Set for Non Confidence Mode lets you express a lack of confidence in the current governance system or representative. By setting this mode, you signal that you do not support the current decisions or leadership and may wish to see changes or improvements. This feature allows you to actively participate in governance feedback, providing a way to voice concerns or dissatisfaction with the status quo.
Exchange Management in Yoroi is designed to facilitate the buying and selling of ADA, making it easier to manage your cryptocurrency transactions directly from your wallet.
On Ramp ADA (Buy ADA) allows you to purchase ADA directly through the wallet. This feature connects you with supported exchange services or fiat on-ramp solutions, enabling you to buy ADA using traditional payment methods like bank transfers or credit/debit cards. It's a convenient way to acquire ADA without needing to use external exchanges, streamlining the process of adding funds to your wallet.
Off Ramp ADA (Sell ADA) provides the option to sell your ADA and convert it into fiat currency or other assets. This feature connects you with services that facilitate the sale of ADA, allowing you to withdraw funds to your bank account or another financial platform. It simplifies the process of liquidating your ADA holdings, making it easier to access traditional currency or reinvest your funds as needed.
Swap Management in Yoroi is a powerful feature that streamlines your interactions with decentralized finance (DeFi) protocols and enhances your ability to trade tokens efficiently. This module provides an integrated platform for executing and managing various types of token swaps, leveraging the capabilities of DeFi ecosystems to offer users a seamless trading experience.
Swap Management in Yoroi integrates various functionalities to enhance your trading capabilities within the DeFi ecosystem. It provides a robust framework for managing limit and market orders, adjusting slippage, and selecting liquidity pools, all of which contribute to a more effective and strategic trading experience. Whether you are looking to execute precise trades or quickly adapt to market changes, Swap Management offers the tools you need to interact seamlessly with DeFi protocols and optimize your token swaps.
Create Limit Orders allows you to set specific conditions under which you want to buy or sell tokens. You specify the price at which you're willing to trade, and the order will be executed automatically when the market reaches that price. This feature helps you manage your trades more precisely, ensuring that you buy or sell tokens at your desired price point.
Cancel Limit Orders enables you to withdraw any previously placed limit orders that have not yet been executed. If you decide to change your trading strategy or no longer wish to proceed with a specific order, this feature lets you cancel it, freeing up your assets and adjusting your trading preferences as needed.
Create Market Orders lets you execute trades immediately at the current market price. By placing a market order, you ensure that your trade is completed as quickly as possible, buying or selling tokens at the best available price. This feature is ideal for traders who need to act swiftly based on current market conditions.
Cancel Market Orders provides the option to cancel market orders that are in the process of being executed but not yet completed. If you change your mind or need to adjust your trading strategy, this feature allows you to halt the order, preventing it from going through.
Change Slippage allows you to adjust the acceptable level of slippage for your trades. Slippage occurs when the price of a token changes between the time you place an order and the time it is executed. By setting your slippage tolerance, you can control the maximum deviation you're willing to accept, helping to ensure that your trade is executed within your acceptable price range.
Select Liquidity Pool lets you choose from various liquidity pools when swapping tokens. Liquidity pools are pools of tokens used to facilitate trading on decentralized exchanges. By selecting a specific liquidity pool, you can influence the trading fees, liquidity, and slippage associated with your swap, optimizing your trading experience based on your preferences and market conditions.
Claim Management in Yoroi encompasses functionalities designed to manage and validate your eligibility for specific rewards or benefits within the Cardano ecosystem, particularly focusing on verifying your participation in certain programs or initiatives.
Claim Management helps you track and manage your claims for rewards or benefits, ensuring that you have the proper proof to validate your participation and entitlement in various Cardano-related initiatives. This feature enhances transparency and simplifies the process of claiming and verifying your involvement in the ecosystem.
Proof of Onboarding is a key feature under Claim Management that provides a mechanism for confirming your participation or registration in various programs, such as reward schemes, airdrops, or special initiatives within the Cardano network. This feature generates or manages documentation or evidence that verifies your involvement and eligibility for these programs.
For example, if you are participating in a new Cardano-based project or reward program that requires proof of registration or engagement, Proof of Onboarding ensures that you can provide the necessary confirmation of your status. This might involve generating a unique identifier or document that confirms your registration or showing that you meet the eligibility criteria set by the program.
Transfer Management in Yoroi is designed to simplify and enhance the process of handling transactions involving multiple tokens. This feature ensures that managing your token transfers is efficient, secure, and well-organized.
Build Multi Token Transactions is a powerful feature that allows you to create transactions involving more than one type of token within a single operation. Instead of executing separate transactions for each token, you can consolidate them into a single transaction. This capability is especially useful for managing complex asset transfers or conducting transactions that involve multiple types of cryptocurrencies or tokens. By streamlining the process, you save time and reduce transaction fees, while also minimizing the potential for errors or missed transactions.
Attach Memo to a Transaction (local-only) provides the option to include a note or description with your transaction, which is stored locally on your device. While this memo is not visible on the blockchain or to other parties, it serves as a personal reference to help you remember the purpose or details of the transaction. This feature is useful for keeping track of specific transactions, noting the reason for the transfer, or adding any other relevant information that might be useful for your own records.
DeepLinks Management in Yoroi focuses on facilitating seamless interactions and transactions through specialized links that connect directly to specific wallet functions or features.
This functionality is particularly useful for businesses or services that need to streamline payment requests, or for users who want to simplify the process of receiving funds from friends or family. By using DeepLinks Management, you can ensure that transaction requests are clear, straightforward, and efficiently executed, enhancing the overall user experience and reducing the risk of errors.
Request Transfer is a notable feature within DeepLinks Management that allows users to initiate a transfer request directly through a link. This feature streamlines the process of sending funds by generating a unique link that, when clicked, opens the transfer interface in Yoroi with pre-filled details. For example, if someone wants to send you ADA or other tokens, they can use this link to quickly and easily complete the transfer request without manually entering all the transaction details.
Request Launch dApp feature allow websites or apps (dApps), to launch their dApps directly within Yoroi, this facilitates the user interaction between the dApp and Yoroi. For example if your dApp requires the user to perform some transactional operation you can wait until the the action is about to be sign by Yoroi, keep the user on your dApp as long as possible, and opening Yoroi just for the transaction part precisely where the user needs to perform the action, this makes the users' life simpler.
An upcoming feature that will allow users to view and interact with their NFT assets directly within Yoroi, providing a richer and more engaging way to manage and showcase NFT collections.
A feature that enables the execution of multiple transactions in a single sequence, improving efficiency and reducing the complexity of managing interconnected transactions.
Enhances control over unspent transaction outputs (UTXOs), allowing users to manage and consolidate their UTXOs for more efficient transactions and better wallet performance.
Provides real-time alerts and updates about wallet activities, such as incoming transactions or changes in wallet status, helping users stay informed and responsive.
Develops a cohesive design framework to improve user interface and experience, with potential collaboration with other platforms to ensure consistency and ease of use.
A feature that integrates prediction markets into Yoroi, allowing users to participate in forecasting future events and outcomes, potentially earning rewards based on their predictions.
Expands Yoroi’s compatibility with Keystone hardware wallets, offering enhanced security and convenience for managing assets on supported hardware devices.
A feature that provides recommendations for hardware wallets based on user needs and profitability, helping users choose the best hardware options for their investments.
Introduces additional integration options for buying and selling ADA, enhancing user access to various financial platforms and increasing profitability through more diverse transaction channels.
Offers a consolidated view of all activities and details related to a single wallet, providing users with an intuitive and comprehensive dashboard for managing their assets.
Provides a unified interface for viewing and managing multiple wallets simultaneously, allowing users to track and control all their wallets from a single location.
Extends capabilities for participating in Cardano's governance processes, including advanced tools for voting and managing governance actions across the network.
A feature that automates the withdrawal of rewards or funds based on predefined criteria, streamlining the process and ensuring timely access to your assets.
Improves the way wallet metadata is handled, enhancing the accuracy and usefulness of information related to transactions, addresses, and wallet settings.
Introduces advanced tools to assess and manage the risks associated with transactions, helping users make informed decisions and avoid potential issues.
Adds support for multi-signature transactions directly within Yoroi, increasing security by requiring multiple approvals before a transaction is executed.
Involves full ownership of backend infrastructure, leading to reduced operational costs and improved control over the technical aspects of wallet management. (missing rewards calculation migration only)
Integrates with DexHunter, a tool for optimizing decentralized exchange transactions, aiming to enhance trading efficiency and increase profitability.
Incorporates Bring, a service for cash back, contributing to increased user profitability through better integration.
Adds support for LiquidTokens, allowing for more flexible and efficient token transactions, which can enhance profitability and streamline asset management.
Implements support for CIP 45, a Cardano Improvement Proposal that introduces new standards or features, ensuring Yoroi stays up-to-date with the latest network advancements.
Enables users to list and sell NFTs directly within Yoroi, providing a streamlined process for monetizing digital assets and potentially increasing user profitability.
Integrates with NFT marketplaces, allowing users to trade and manage their NFTs more effectively, enhancing liquidity and profitability in the NFT space.
Provides advanced tools for managing and customizing Yoroi’s settings and preferences, offering users greater control over their wallet configuration.
Allows for the customization of domain settings, potentially increasing the branding and profitability opportunities for users through personalized domain management.
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