Velas June Updates

June 24, 2022

Summer is already here, and for us, it means that we’re ready to present to the Velas community the exciting updates we’ve been working on lately! Let’s take a closer look together!

Switching to a different provider’s endpoint

The first feature we want to update you on will enable switching to a different provider’s endpoint, in cases when the current provider does not respond to the testnet or the mainnet for the BSC network. That means that in case the initial node goes down, a switch to a different one will be done automatically, resulting in the switch to a different endpoint and a fast successful transaction. This feature is currently in its testing stage and will be implemented shortly.

Updated desktop wallet

Our new desktop version of the wallet is now fully synchronized with the wallet’s mobile and web versions, which means the desktop wallet now has the latest version’s functionality for your convenience.

Fixed incoming and outgoing transactions

The display of incoming and outgoing swap transactions for all tokens in cross-chain transactions history has been fixed.

Staking 2.0 improvements:

Fallback to RPC node if backend doesn’t respond;
Loading of validators when validators.testnet.velas.com is blocked;
Calculations of rewards and APR have been improved on RPC node and on the backend;
Validators’ names have been added to the list of validators on RPC node.

Wallet security improvement

Our wallet security has been improved to make sure no one but the wallet owner will have access to the assets.

The wallet page has been set to auto-refresh when a user goes offline so that when a user goes back online, they will have to log in to their wallet once again. This feature will come in very handy if you’re using someone else’s device and the Internet goes down — nobody else will have access to your wallet after the connection is restored.

Asynchronous loading of the chosen token history

It’s now possible to view the transaction history for the selected tokens, as we’ve enabled the asynchronous loading of the chosen token history. Thanks to this feature, the loading of transaction history will be much faster.

We hope these updates will make being a part of our community even more enjoyable for you! Stay tuned and don’t forget to subscribe to our channels to keep up with the latest updates from Velas!