Wallet infrastructure

Wallet Infrastructure:

Luminite operates entirely on the Flare Network, a highly scalable Layer 1 blockchain with native support for smart contracts and real-time price feeds. The integration with Flare’s State Connector and FTSO ensures reliable cross-chain data feeds and seamless communication between non-EVM chains and the Flare environment.

• Layer 1 Flare-based deployment

• FTSO and State Connector integration

• Secure and low-cost operations

Wallet Model

Luminite is a non-custodial wallet that allows users to maintain full control over their assets. It supports seedless onboarding through secure authentication methods while offering seed phrase export for those who prefer traditional recovery methods. The wallet is accessible and creatable through easy-to-use traditional methods, similar to applications like Gmail or Passkey, ensuring a streamlined process for creating and logging in, thereby mitigating the hassle of crypto access, which can be a barrier for newcomers. However, the seed phrases are still automatically stored inside the wallet, which can be accessed through the wallet's settings to ensure guaranteed protection of your assets in case you lose control over your social channels or passkey.

• Non-custodial architecture

• Passkey and Social Channel login

• Seed phrase export is available

Smart Contract Interaction

The wallet supports EVM-compatible smart contracts, enabling users to interact directly with DeFi protocols, including staking, sending, and swapping between crypto assets. Smart contract calls are abstracted for ease of use, but still fully on-chain and secure. Therefore, users are spared the hassle of multiple confirmation steps that may be unfamiliar to non-crypto users, ensuring a streamlined process that makes the DeFi experience friendlier yet still secure.

• Supports EVM smart contracts

• Secure and abstracted dApp integration

• In-app execution of on-chain operations

• Auto-sign features

DeFi Utilities

Luminite provides native tools to engage with DeFi opportunities, including asset swaps, vault deposits, and staking. Yield data is aggregated and visualized within the wallet to give users an intuitive understanding of potential returns.