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- Xaman Wallet’s version 3.0 introduces a revenue-sharing program to support developers and enhance the XRPL ecosystem.
- The new update offers a threshold-based model, universal transaction signing, and enhanced accessibility for developers and users.
The XRPL-based wallet, Xaman Wallet, has released version 3.0, which marks a huge step forward by introducing a monetization model that splits money with dApp developers.
This version includes various enhancements to improve the user experience, including a new xApp page, NFT offer previews, more detailed transaction insights, and more smooth interactions with AMM pools.
Xaman is evolving!
💡Our new monetization strategy is designed to fuel growth and sustainability while supporting the XRPL ecosystem.
📖Learn more about why this shift is essential for the future and how it benefits everyone.
Find out more at https://t.co/kq6tXLghyV
— Xaman Wallet 🪝 (@XamanWallet) September 25, 2024
Xaman Upgrade: User-Centric Design and Developer Revenue Sharing
The new design not only provides a cleaner, more user-friendly interface, but it also makes browsing the wallet’s functionalities much simpler.
The most notable feature of this upgrade is the threshold-based paradigm, which allows low-transaction accounts to continue using the wallet for free while high-transaction accounts may need to subscribe to additional features.
This update demonstrates Xaman’s dedication to giving value to its consumers while also guaranteeing that frequent users have access to even more advanced features.
Looking ahead, Xaman has announced intentions to launch a revenue-sharing program for developers of popular tools and xApps within its ecosystem in early 2025. Although the finer details are still being worked out, Xaman hopes to create an atmosphere in which user contributions not only fuel the platform’s growth but also benefit the community.
This program aims to build a more integrated and thriving community by allowing creators of popular xApps to earn monthly payouts. For example, a developer who produces a highly engaging xApp will be compensated on a regular basis, encouraging innovation and the creation of useful tools inside the Xaman ecosystem.
By sharing money with developers, Xaman is actively aiming to create a collaborative atmosphere in which all participants profit from each other’s success.
Xaman version 3.0 also includes the Universal Transaction Signing tool. This tool allows developers to connect to any network while enabling a variety of amendments, making it easier to sign transactions and experiment with new transaction kinds.
This innovation is especially useful for developers wishing to experiment with new transaction models because it eliminates the difficulties associated with signing transactions across several networks.
Previously, CNF reported that Xaman Wallet had connected with C14, allowing for smooth fiat-to-crypto transfers and giving users access to the Xahau and XRPL tokens. C14’s integration greatly improves global accessibility by allowing crypto purchases in more than 50 countries.
