{"id":"squirrel-wallet","title":"Squirrel Wallet","content":"**Squirrel Wallet** is a multi-[EVM](https://iq.wiki/wiki/ethereum-virtual-machine-evm) Web3 wallet that aims to support [decentralized finance](https://iq.wiki/wiki/defi), tokenized assets, and digital identity. It provides non-custodial functionality, multichain portfolio management, same-chain swaps, and in-app token purchasing. [[1]](#cite-id-WSWlxiTSp0)\n\n![](https://ipfs.everipedia.org/ipfs/QmYArLJd9s5VxZWQjByAdMKhckS9CFujYTHiYnnXtRJPKP)\n\n# Overview\n\nSquirrel Wallet, introduced in 2022, is a multi-[EVM](https://iq.wiki/wiki/ethereum-virtual-machine-evm) [Web3](https://iq.wiki/wiki/web3) wallet that aims to enhance accessibility to decentralized finance, tokenized real-world assets, and digital identity solutions. It features non-custodial functionality, multichain portfolio management, and tools for token purchases, swaps, and [DeFi](https://iq.wiki/wiki/defi) integration.\n\nThe wallet includes a Guardian system designed for secure social recovery. Future updates intend to incorporate [Bitcoin](https://iq.wiki/wiki/bitcoin), [Solana](https://iq.wiki/wiki/solana), AI trading bots, and the $NUTS token. Currently in beta, it supports [Ethereum](https://iq.wiki/wiki/ethereum), [BNB Smart Chain](https://iq.wiki/wiki/binance-smart-chain), [Polygon](https://iq.wiki/wiki/polygon), [Fantom](https://iq.wiki/wiki/fantom), and [Avalanche](https://iq.wiki/wiki/avalanche), with plans to expand cross-chain capabilities. [[1]](#cite-id-WSWlxiTSp0) [[2]](#cite-id-QhF9BiCGnp) [[3]](#cite-id-5senGfHHGB) [[4]](#cite-id-xq6EW2qsbI)\n\n![](https://ipfs.everipedia.org/ipfs/QmbiNMYZg8EuwuiVEAvgKw55KR6PK9E8ALPqRRm9YNwvHA)\n\n# Features\n\n## Automated Market Maker (AMM)\n\nSquirrel Wallet includes an [automated market maker (AMM)](https://iq.wiki/wiki/automated-market-maker) that aims to facilitate decentralized token trading by adjusting prices based on market demand. It allows users to purchase tokens without waiting for sellers, provide liquidity to earn LP tokens, and stake tokens to earn rewards. These features are accessible through the wallet's navigation interface, supporting [decentralized finance](https://iq.wiki/wiki/defi) interactions. [[5]](#cite-id-AOiZrrzLfW)\n\n## Guardians\n\nSquirrel Wallet includes a Guardian system that aims to facilitate account recovery by allowing users to choose trusted individuals, such as family or friends, to help regain access. This feature seeks to reduce the risk of asset loss due to forgotten credentials or lost keys. Integrated within the wallet, the system is designed to be user-friendly while maintaining privacy by safeguarding sensitive information during recovery. [[2]](#cite-id-QhF9BiCGnp)\n\n## Exchange\n\nSquirrel Wallet offers an exchange feature that aims to enable users to trade tokens instantly through an [automated market maker (AMM)](https://iq.wiki/wiki/automated-market-maker), with transactions linked to the [liquidity pool](https://iq.wiki/wiki/liquidity-pool). Users can provide liquidity, earn LP tokens, and redeem them for NUTS. Transactions are recorded on the [blockchain](https://iq.wiki/wiki/blockchain), ensuring transparency. [[6]](#cite-id-E7SpdhqKJO)\n\n## Analytics\n\nSquirrel Wallet aims to provide analytics for tracking token performance, including trade data, liquidity supply, price changes, and token volume. It also offers staking progress tracking, displaying [Total Value Locked (TVL)](https://iq.wiki/wiki/tvl), [Annual Percentage Rate (APR)](https://iq.wiki/wiki/annual-percentage-rate-apr), and NUTS earned. [[7]](#cite-id-ls4T5PIofc)\n\n## Yield Farming\n\nSquirrel Wallet enables users to stake LP tokens in LP Farms, with the aim of earning rewards over time. Additionally, users can stake NUTS and other tokens in Pools, where larger stakes typically result in greater rewards. [[8]](#cite-id-wfIVYap3GE)\n\n## Liquidity\n\nSquirrel Wallet allows users to provide liquidity to pools by adding tokens, receiving LP tokens as rewards. These tokens can be used to earn additional rewards or redeemed for NUTS. Users can select token pairs or import their own and withdraw liquidity at any time through the wallet’s Liquidity Tab. This feature aims to facilitate decentralized liquidity provision and reward users for participation. [[9]](#cite-id-xDph69Eq9V)\n\n## RWA\n\nSquirrel Wallet aims to provide support for the 24/7 trading and redemption of tokenized [real-world assets (RWAs)](https://iq.wiki/wiki/real-world-assets-rwas). The platform incorporates AI tools designed to assist with the optimization of both [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) and [RWA](https://iq.wiki/wiki/real-world-assets-rwas) portfolios. Additionally, it emphasizes non-custodial security, enabling users to maintain control over their [RWAs](https://iq.wiki/wiki/real-world-assets-rwas). [[2]](#cite-id-QhF9BiCGnp)\n\n# Tokenomics\n\n## Squirrel Wallet Token ($NUTS)\n\nThe $NUTS token serves as an in-app currency that aims to offer trading fee discounts, governance rights, and in-app purchasing benefits. Holders can stake $NUTS to earn rewards and participate in decision-making regarding the addition of new [DeFi](https://iq.wiki/wiki/defi) products. [[3]](#cite-id-5senGfHHGB)\n\n## Utility\n\nThe $NUTS token serves several purposes within the Squirrel Wallet ecosystem:\n- **Trading Fee Discounts**: $NUTS holders may receive reduced fees on transactions.- **In-App Purchases**: $NUTS can be used for in-app purchases, with potential incentives.- **Gas Fees**: $NUTS can be utilized to cover gas fees across supported [blockchains](https://iq.wiki/wiki/blockchain).- **Governance and Voting Rights**: Holding $NUTS allows users to participate in platform governance decisions.- **Staking Rewards**: Users can stake $NUTS to earn rewards from platform-generated fees.- **Liquidity Mining and Farming**: $NUTS can be used in [liquidity mining ](https://iq.wiki/wiki/liquidity-mining)and farming on [decentralized exchanges](https://iq.wiki/wiki/decentralized-exchange) for rewards.- **Referral Incentives**: $NUTS may serve as an incentive for users participating in referral programs.- **DeFi and Metaverse Integration**: $NUTS aims to expand its utility within [DeFi](https://iq.wiki/wiki/defi) protocols and [metaverse](https://iq.wiki/wiki/metaverse) projects in the future. [[2]](#cite-id-QhF9BiCGnp)\n# Team\n- Kevin Hobbs: President\n- Jordan Belfort: Strategic Advisor\n- Jeff Gross: Strategic Advisor\n- Phil Helmuth: Strategic Advisor\n- Jamie Yantzi: Strategic Advisor\n- Terry Lynch: Strategic Advisor\n- Adrian Perera: Strategic Advisor\n- Gorav Seth: Strategic Advisor\n- Paul Sparkes: Board\n- Geoff Cher: Counsel","summary":"Squirrel Wallet is a multi-EVM Web3 wallet launched in 2022, offering non-custodial features, multichain support, and tools for DeFi, token trading, and digital...","images":[{"id":"QmSpHzaT3wxm4GeoW7ebSLzQcdu8JJDqGpSSe8Kw2bzkZs","type":"image/jpeg, image/png"}],"categories":[{"id":"dapps","title":"Dapps"}],"tags":[],"media":[{"id":"QmYArLJd9s5VxZWQjByAdMKhckS9CFujYTHiYnnXtRJPKP","size":null,"name":"Screenshot 2025-01-18 at 20.05.06.png","type":null,"source":"IPFS_IMG"},{"id":"QmbiNMYZg8EuwuiVEAvgKw55KR6PK9E8ALPqRRm9YNwvHA","size":null,"name":"Screenshot 2025-01-18 at 20.03.56.png","type":null,"source":"IPFS_IMG"},{"id":"QmP2CTVvFkyDVHKeeopvFipun7LYmNEvMHrEDY7tVCkQfR","size":null,"name":"Screenshot 2025-01-18 at 20.05.57.png","type":null,"source":"IPFS_IMG"}],"metadata":[{"id":"references","value":"[{\"url\":\"https://play.google.com/store/apps/details?id=com.walnuts&hl=en\",\"description\":\"Google Play - Squirrel Wallet\",\"id\":\"WSWlxiTSp0\",\"timestamp\":1737216772161},{\"url\":\"https://docsend.com/view/vnb3v6fxmde8wvqa\",\"description\":\"Docsend - Squirrel Wallet\",\"id\":\"QhF9BiCGnp\",\"timestamp\":1737217016927},{\"url\":\"https://www.squirrelwallet.com\",\"description\":\"Squirrel Wallet website\",\"id\":\"5senGfHHGB\",\"timestamp\":1737217038235},{\"url\":\"https://squirrel-wallet.gitbook.io/squirrel/products/squirrel-wallet/automated-market-maker\",\"description\":\"docs - Squirrel Wallet\",\"id\":\"xq6EW2qsbI\",\"timestamp\":1737217061484},{\"url\":\"https://squirrel-wallet.gitbook.io/squirrel/products/squirrel-wallet/automated-market-maker\",\"description\":\"docs - Automated Market Maker\",\"id\":\"AOiZrrzLfW\",\"timestamp\":1737217277057},{\"url\":\"https://squirrel-wallet.gitbook.io/squirrel/products/squirrel-wallet/exchange\",\"description\":\"docs - Exchange\",\"id\":\"E7SpdhqKJO\",\"timestamp\":1737225532044},{\"url\":\"https://squirrel-wallet.gitbook.io/squirrel/products/squirrel-wallet/analytics\",\"description\":\"docs - Analytics\",\"id\":\"ls4T5PIofc\",\"timestamp\":1737225618964},{\"url\":\"https://squirrel-wallet.gitbook.io/squirrel/products/squirrel-wallet/yield-farming\",\"description\":\"docs - Yield Farming\",\"id\":\"wfIVYap3GE\",\"timestamp\":1737225706168},{\"url\":\"https://squirrel-wallet.gitbook.io/squirrel/products/squirrel-wallet/liquidity\",\"description\":\"docs - Liquidity\",\"id\":\"xDph69Eq9V\",\"timestamp\":1737225779327}]"},{"id":"website","value":"https://www.squirrelwallet.com/#hero-section"},{"id":"twitter_profile","value":"https://x.com/squirrel_wallet"},{"id":"discord_profile","value":"https://discord.com/invite/squirrelly"},{"id":"telegram_profile","value":"https://t.me/SquirrelTech"},{"id":"contract_url","value":"https://bscscan.com/token/0xec5a0407121a61782f715380acf7c2684c4a5a30"},{"id":"previous_cid","value":"QmUhNw2wNhjpncpC9WdRSNPWSm2DGftiZLxeCArK4J9kgW"},{"id":"previous_cid","value":"QmUhNw2wNhjpncpC9WdRSNPWSm2DGftiZLxeCArK4J9kgW"},{"id":"commit-message","value":"Updated article: replaced an outdated ID and added a new ID; updated media files in their sections."},{"id":"previous_cid","value":"QmUhNw2wNhjpncpC9WdRSNPWSm2DGftiZLxeCArK4J9kgW"}],"events":[],"user":{"id":"0xbc74F7Beea348c97350e4DBc49227A5Ee7d27D3e"},"author":{"id":"0xf32ECD5c8f5633212f1a25A3931aDDc0CEc42938"},"language":"en","version":1,"linkedWikis":{"blockchains":[],"founders":[],"speakers":[]}}