If you tuned in for our recent AMA in Discord, then you’re not only up to date with all of the exciting updates at Slingshot, but you also know product announcements that we have yet to share with the public. For those who did not tune in, we missed you, and we understand time zones and everyday life may have kept you from joining. Although we can’t quite replace the experience of hearing firsthand from our Slingshot members, we’re sharing key points from the conversation for you here.
AMA Topic of Discussion: Slingshot Wallet
Date: November 17, 2022
Slingshot members: CEO & Co-Founder, Clinton. Mobile project lead, Matt. Community manager, Brandon. Operations lead and moderator, Cathy.
Summary: The AMA kicked off with commentary from Clinton about recent industry developments. He offered his condolences for those affected and noted the necessity of DeFi during times like these, which flowed into an intro for why Slingshot was created. The following topics were guided by questions submitted by users leading up to the AMA, answered by Clinton and Matt. Questions sent in the AMA discord channel during the conversation were collected and answered last.
AMA Q&A
Supported Networks
Which networks are currently supported?
Slingshot Wallet currently supports the following networks: Polygon, Arbitrum One, Optimism, BNB Chain, and Canto.
What new networks will go live with the launch?
The soft roll out of Ethereum Mainnet on mobile is happening today (11.18) and will officially be announced next week. The first few weeks of Ethereum Mainnet support will be in beta for our users. You will be able to check balances and prices, but expect improvement over time for best-use.
Wallet Release
Can anyone test Slingshot Wallet? How can new community members participate in beta testing for iOS and Android?
We are prioritizing our users on the waitlist who have made legitimate referrals. This being said, we also keep an active eye on our DMs, both Slingshot and team member accounts. Along with Discord requests for beta testing access. Message us and we will see what we can do! (Twitter: @SlingshotCrypto)
When is the public launch?
We anticipate that the public launch of Slingshot Wallet will happen in the coming weeks. Stay tuned for our official announcement. And we ask that you also remain cautious of ‘Slingshot’ apps available in the Apple Store. Slingshot Wallet is not yet available in-store for iOS. And no, we do not have a token nor do we have plans to release one in the near future. If anything changes, we will announce it publicly through verifiable sources.
Any Update on Waitlist Referral Rewards?
While the NFT market has taken a hit in recent months, we have something planned to help make it up to Slingshot Wallet referrers. Stay tuned for additional information on this.
Wallet Features
Are there any additional features that will be available at the time of launch?
The current Testflight version should be fairly close to the launch version, with the addition of Ethereum Mainnet support. However, we will continually be making upgrades and adding features to Slingshot Wallet post-launch, and always appreciate suggestions and feedback from our users on how to best improve our applications.
Will Ape Mode be available?
Yes, the Ape Mode feature will be available in Slingshot Wallet. The toggle for Ape Mode will be in the Settings section of the app.
Will there be a portfolio section?
We are currently working on the portfolio section. Slingshot real-time charts will get added, but potentially at a later date.
Will there be a way to connect the mobile app to the desktop version? Chrome browser extension?
Yes, browser extension support will become available sometime next year.
Wallet Security
Is Slingshot Wallet safe? How has Slingshot ensured the security of the app? Has it been audited?
Slingshot Wallet was audited for security purposes before we began rolling out beta testing for our waitlisters. To learn more, please read our recent blog detailing the audit findings from the Auditware team here. Safety and security are of utmost importance to us, especially when building a non-custodial wallet. And we will make sure that future features are secure before shipping.
What about integrating a web2 pattern like ‘forgotten password,’ in case users lose their seed phrases and can’t get back into their wallet?
We have considered this option. Currently, backup is the commonly used method of a 12 word seed phrase. We understand that some people might be more comfortable with a traditional username/password setup, so we are looking into cloud backup as well.
There is some pretty cool new wallet tech coming in the next year which is similar to traditional Web2 user/pass but with a decentralized nature, utilizing Multi-Party Computation (MPC) which we will explore implementing.
Desktop App Features
New features since the last AMA?
Since our last AMA, our team has been heads down building Slingshot Wallet. However, we’ve also added some desktop features, network support, and DEX integrations.
Lightmode is now available on desktop via toggle
Recent network support include: Osmosis, Canto, (secretly) Arbitrum Nova. Ethereum Mainnet support will be coming to desktop later.
DEX integrations: Arbitrum One (DODO). BNB Chain (Biswap, DODO). Polygon (DODO). Optimism (Curve). Nova (Sushiswap). Mainnet (Uniswap V3, Curve).
Are there plans to add a limit order feature on the swap page anytime soon?
This was actually discussed in a meeting this week. The question of how to deliver limit orders in a non-custodial, decentralized manner is something we are actively trying to solve. We hope that we will be able to offer this in the next 3 to 6 months.
Why doesn’t Slingshot have a staking function?
There are an endless number of features that we would like to, and plan to, add to our apps. Staking is definitely one of them. Ideally, we’d like to add a Dollar Cost Average feature, chart upgrades, and present-feature improvements.
Are there any plans to add bridging between networks?
Yes, we are working on bridging right now and hope to launch support before the end of the year.
NFTs
Are there plans to support NFTs in Slingshot Wallet? Such as sending and receiving NFTs, or buying and selling?
There will be the option to use 2099 NFTs as card skins, along with send/receive NFT and NFT collection viewing support. While NFT trading is not currently supported, this may be a future feature.
Any updates on Slingshot 2099 NFTs?
We actually have an upcoming 2099 drop. The collection will be the same style and universe, but a new line of designs for a 2099 metaverse identity.
Additional
We will be hosting another AMA after the official launch of Slingshot Wallet. Thank you again to everyone who asked questions and tuned in to listen. We look forward to updating our users on project developments and upcoming features.
Please note: This message is provided for educational and informational purposes only. By using Slingshot, you agree to our Terms and Conditions. This is not investment advice or a recommendation or solicitation to swap or hold any digital asset or to use a particular investment strategy. Some digital assets and markets may be unregulated, so you may not be protected by government insurance or regulatory protections. Digital assets are unpredictable so there is risk that you lose funds. You may owe taxes on your transactions so you should seek independent tax advice.
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Twitter: @SlingshotCrypto