Wombat – The easiest way to blockchain
Free EOS account creation
Free and automatic resource staking
Fast signing of transactions
Secure key storage and recovery
Blockchain made simple
Wombat is free, fun and easy to use. Jump into the blockchain world and enjoy the benefits of the new internet.
No matter how many treasures you have won in games, how much cryptocurrency you hold or how much digital assets you store, Wombat makes your wallet safer than Fort Knox and easier than ever to recover your keys.
At busy times the workload on the EOS blockchain can be very high, hence users run short on bandwidth for their EOS account. By automatically re-staking needed resources Wombat guarantees that your favourite Apps and crypto-assets can be used and accessed any time.
Signing transactions with Wombat is as fast as it gets and reduced to the essential. With our dedicated SDK the comfort of our lightweight transaction signing process can be integrated into any mobile native application.
Our vision is and always has been to build a wallet for the 99% of people who did not study computer science to create and manage an EOS account. Wombat is all about great UX and helping everyday users to enjoy decentralised applications (dApps) with ease. We want to remove all entry barriers for first-time users and want to make EOS dApps more accessible.
With this vision in mind we acknowledge that for most people it is an unfamiliar concept to pay upfront for a “wallet”, to “stake resources” and to keep track of “CPU spikes” just to play a game on EOS. Therefore we made sure from the very beginning that EOS accounts created with Wombat are free, that technicalities such as “staking CPU” are abstracted away and that the wallet and dApp-experience is similar to the experience everyday users are used to.
What is CPU on EOS?
Very simplified, all transactions triggered by the users are broadcasted to the EOS blockchain and are than processed by the Block Producers. To make sure no-one is spamming the network with transactions users have to “stake” (or lock) EOS to prove that they have skin in the game. The more EOS someone stakes, the more CPU time is allocated to the respective user. To make sure Wombat users can send transactions to the network (e.g. to play Chain Clash or participate in the Prospectors challenge) Wombat delegates some EOS to each user.
Free CPU & NET with Wombat
All users who create an EOS account with Wombat via Android, iOS or Chrome automatically get delegated (staked on their behalf) 0.8 EOS for CPU and 0.2 EOS for NET. This is usually enough for most users to play games without even noticing that Wombat delegated EOS to their accounts. As the recent CPU spikes demonstrated (as shown in the screenshot below) it may happen that more EOS needs to be staked for CPU to make sure users can still enjoy using dApps. This is why Wombat automatically increases the stake in the free version up to 6.4 EOS and for Wombat Prime users (EUR 0,99 monthly subscription) up to 50 EOS. All this happens under the hood and does not require any user interaction. For users who are interested (or have studied computer science) they can open their wallet and click on “resources” to get full transparency.
Screenshot from eospark.com
How much CPU is enough?
In a nutshell: Wombat users basically never have to worry about CPU. As of today the price for one millisecond (MS) is 0.0075 EOS. Assuming that 1 transaction (heavily depends on the type of transaction) costs 1 ms, users can do 853 daily transactions with 6.4 EOS staked and 6666 daily transactions with 50 EOS staked (Wombat Prime).
However, the picture changes when we have significant CPU spikes like the ones during the last couple of weeks when CPU went up by more than 10x. With CPU prices of 0.1 EOS/MS the number of transactions decreases accordingly and “only” 500 transactions are possible with 50 EOS staked.
In summary, most Wombat users have enough CPU for an average dApp-usage and can sign up for Wombat Prime if really needed to boost the CPU up to 50 EOS. We are currently working on a REX integration to allow even more CPU for Prime users way beyond 1000 EOS.
Free Wombat Wallet Chrome Extension
There are many great dApps available out there, such as Prospectors or the pixEOS Game Center. These dApps are offering a great experience and we think it shouldn’t be limited to mobile. With the Chrome extension you can now start enjoying these dApps on the desktop!
How to get it?
All you need is an existing Wombat account, created with our Android or iOS app. Just go to the Chrome Web Store and download the extension. After logging in you are ready to start using your favorite dApps. Wombat will securely recover your private key from the Google Drive backup and encrypt it using a passphrase that you have to chose after enabling the extension.
What is cool about it?
Just as in our mobile apps, the extension provides a wallet, the explorer and the settings view. The wallet displays your current EOS balance and enables you to buy EOS via credit card.
The explorer lists our favorite dApps which are tons of fun to use. Of course all other EOS dApps can be used as well. You will even be able to use your existing whitelist, which is synced with your Wombat account. If you haven’t set up a whitelist yet, make sure to download the latest Android or iOS version and get started!
Why does it matter?
Wombat is all about great UX and helping everyday users to enjoy dApps with ease. We want to remove all entry barriers for first-time users and want to make EOS dApps more accessible. This is why Wombat is for free and why Wombat takes care of resource staking, covering you even during CPU price spikes — all while making sure you don’t have to worry about the technical details.
The logical next step for us was to not just limit users to their mobile phones but also allow them easy desktop access. There are many dApps that are just more fun on desktop due to larger screens and sometimes better control.
Buy EOS on Wombat wallet with credit/debit
Wombat users now can buy crypto with credit or debit card via our partner Carbon. This means that users can buy EOS from most countries for up to $250 per day without KYC, for fair rates and most importantly within 60 seconds.
How does it work?
To buy EOS you only need to open your wallet view and click on “buy”. A new screen pops up starting the process via Carbon’s widget. Just type in the amount of EOS you want to buy (minimum of $5.00) click “next” and make sure the correct EOS account is selected. Wombat automatically prefills your account name but it always makes sense to double-check. After running through the process the bought amount of EOS should appear in your Wombat wallet shortly.
Does it work in every country?
This new feature will work in most countries except most notably in the US and China (due to regulation). The Carbon team is currently working on a solution for the missing countries and we expect to offer the FIAT onramp for those within the next couple of months. In case your country is not supported yet we recommend to use exchanges like Coinbase to buy your first crypto and transfer them to Wombat.
Why does it matter?
Wombat is all about great UX and helping everyday users to enjoy decentralised applications (dApps) with ease. We want to remove all entry barriers for first-time users and want to make EOS dApps more accessible. This is why Wombat is for free and why Wombat takes care of resource staking, covering you even during CPU price spikes — all while making sure you don’t have to worry about the technical details.
Since most dApps sell products and services it is important that users can easily purchase EOS for in-dApp purchases. Especially for first-time users, it is critical to have a convenient solution without much noise and without KYC. This is why we believe that the integration of Carbon’s FIAT on-ramp will help users to enjoy the world of Web 3.0 via Wombat more easily.
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For any feedback and inquiries, Wombat Telegram community will be waiting for you!