> For the complete documentation index, see [llms.txt](https://docs.luminite.app/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.luminite.app/discover-luminite/overview-of-wallet-features.md). # Overview of Wallet Features ### Wallet features Luminite provides native tools to engage with DeFi opportunities, including swaps, on-ramp, cross-chain bridge, and staking. Yield data is aggregated and visualized within the wallet to give users an intuitive understanding of potential returns. ### Swap Swapping is exchanging one token for another, like changing from one currency to another. Luminite lets users swap supported tokens such as ETH, USDT, and USDC directly within the wallet, ensuring low fees and minimal slippage. More tokens and networks will be added over time. This built-in swap feature enables users to convert assets instantly, eliminating the need for external platforms and making DeFi easier and safer. ### Staking Staking allows users to lock their tokens within the network to earn rewards, just like a savings account. Luminite currently offers two earning options: FTSO Delegation and FLR Liquid Staking. Each comes with its own benefits, designed to fit different user needs. ### FLR Liquid Staking Luminite empowers users to stake their $FLR or $WFLR tokens directly through a seamless in-app experience. By depositing tokens into curated, audited vaults powered by Sceptre, users can earn passive income directly within Luminite, without needing to access the Sceptre interface. The vault is currently offering competitive APYs based on market conditions and vault performance. Staked assets remain under the user's control through Luminite's non-custodial design and can be unstaked after a cooldown period, typically 14 days. This feature provides long-term holders with a simple, secure, and efficient way to grow their assets while staying within the Flare ecosystem. ### Staking: FTSO Delegation For users looking to keep their $FLR tokens accessible while still earning yield, Luminite offers FTSO Delegation. This mechanism allows you to delegate $WFLR or $FLR to Flare data providers who feed real-time price information to the Flare Network. Based on the accuracy and performance of these providers, users receive periodic rewards without locking their tokens. Delegation is flexible, and users can adjust or reassign their providers anytime. Luminite simplifies this process with an intuitive UI, enabling both beginners and advanced users to participate in securing the network while earning passive income. Here's a clear comparison table between FLR Staking and FTSO Delegation as supported in the Luminite app: | **Feature** | **FLR Staking** | **FTSO Delegation** | | ----------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | ------------------------------------------------------- | | Staking | Instantly | Instantly, rewards begin in the next reward epoch | | Unstake Duration | Requires a cooldown period to withdraw assets, typically 14 days. | Instant | | Lock Token | Yes — $FLR or $WFLR is locked | No, you retain full custody of your tokens | | Token Support | $FLR and $WFLR | $FLR and $WFLR | | APY | Currently >45%, but it may vary depending on sFLR: FLR exchange rate | Currently up to 8.0%, depending on provider performance | | Fee |

A 4.40% buy-in fee is applied during the 23-day snapshot period to protect existing stakers' APR. However, "No Buy-In Fee" events may allow free staking.

Sceptre also charges a 10% service fee on all rewards, deducted before rewards are added to the pool — the exchange rate you see is what you get.

| No fee from the network, provider-dependent | | Providers | Sceptre | FTSO data providers | | Redemption period | After the cooldown period, you have a 2-day window to redeem your WFLR. If you miss this window, your assets are automatically restaked. | Instant | ### Bridge using Fswap Cross Chain Bridge/Stargate Bridging enables the transfer of crypto assets across different blockchains. Luminite has integrated **Stargate**, allowing users to bridge assets like ETH, USDT, and USDC from major EVM chains such as Ethereum, Avalanche, Polygon, Arbitrum, Optimism, Linea, Base, Kava, and Scroll into the Flare Network. The **FSwap Bridge** is a native Flare bridge designed for minting and redeeming FAssets, such as FXRP. This bridge is fully integrated into the Luminite Wallet under the Bridge tab, allowing users to mint FAssets directly without needing complex wallet connections or multiple interfaces. For users who prefer to bridge assets from wallets other than Luminite, the bridge is available through the web interface[ here.](https://fswap.luminite.app/) The latest upgraded **Fswap Bridge,** **built by Luminite and powered by FAsset Technology,** transforms how users move assets across chains — not just into Flare, but across the entire EVM landscape. At the core of this upgrade is a simple idea: Users can start on any supported chain - and end on any supported chain. No Limits. For more information on Fswap, go [here.](/technical-architecture/cross-chain-bridge.md) ### Lend & Borrow using Kinetic Market Luminite’s latest integration introduces lending and borrowing functionalities powered by Kinetic Market. This feature allows users to lend and borrow supported assets — currently USDT0 and FXRP — directly within the wallet. Users can supply their assets as collateral to borrow other tokens on Kinetic, enabling more flexible capital management. While lending, users will earn yield based on the annual percentage yield (APY) offered by the market. ### On-ramp The on-ramp feature allows users to easily buy crypto using their local currency. Integrated with trusted payment providers, it supports a variety of payment methods such as bank transfer, credit/debit card, Apple Pay, Google Pay, and local e-wallets. This makes it simple and secure for newcomers to enter the crypto ecosystem without needing prior experience. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://docs.luminite.app/discover-luminite/overview-of-wallet-features.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.