{"id":"burrito-wallet","version":1,"language":"en","title":"Burrito Wallet","hidden":false,"content":"**Burrito Wallet** is a multi-chain [Web 3.0 ](https://iq.wiki/wiki/web3)wallet developed by a subsidiary of [Bithumb](https://iq.wiki/wiki/bithumb), a leading Korean crypto exchange. It aims to provide users with a user-friendly interface and connects them to [decentralized exchanges (DEXes)](https://iq.wiki/wiki/decentralized-exchange), [DeFi](https://iq.wiki/wiki/defi) platforms, [NFT](https://iq.wiki/wiki/non-fungible-token-nft) marketplaces, and various [DApps](https://iq.wiki/wiki/decentralized-application) without travel rule constraints.[\\[1\\]](#cite-id-958qvopemon)[\\[2\\]](#cite-id-3f2op9m2u1)  \n$$widget0 [YOUTUBE@VID](zYX11cprXjE)$$  \n  \n# Overview  \n  \nBurrito Wallet, launched in December 2022, is a user-friendly [Web3.0](https://iq.wiki/wiki/web3) wallet developed by a subsidiary of [Bithumb](https://iq.wiki/wiki/bithumb). It serves as a mobile wallet directly linked to [Bithumb](https://iq.wiki/wiki/bithumb), allowing seamless asset transfers from the exchange without separate wallet registration.  \n  \nBurrito Wallet aims to simplify the process of transferring assets from [Bithumb](https://iq.wiki/wiki/bithumb) to personal wallets, aiming to streamline the experience and address concerns about incorrect withdrawal addresses.  \n  \nWith support for over 1,000 tokens on 22 mainnets, Burrito Wallet connects users to [decentralized exchanges (DEXes)](https://iq.wiki/wiki/decentralized-exchange), [DeFi](https://iq.wiki/wiki/defi) platforms, [NFT](https://iq.wiki/wiki/non-fungible-token-nft) marketplaces, and various [decentralized applications (Dapps)](https://iq.wiki/wiki/decentralized-application). It provides comprehensive access to the main [DEXes](https://iq.wiki/wiki/decentralized-exchange) for each mainnet and supports popular [NFT](https://iq.wiki/wiki/non-fungible-token-nft) marketplaces. Future plans include introducing [Liquidity Pool](https://iq.wiki/wiki/liquidity-pool) [Staking](https://iq.wiki/wiki/liquid-staking) for users to yield farm by providing liquidity to pools.[\\[1\\]](#cite-id-958qvopemon)[\\[3\\]](#cite-id-2tzxmyjgp7c)[\\[4\\]](#cite-id-bc41nbarfw5)[\\[5\\]](#cite-id-op45sowcdak)[\\[6\\]](#cite-id-l44h2rudotq)[\\[7\\]](#cite-id-gwy01rwtq27)[\\[8\\]](#cite-id-nkx4ftscxs)  \n  \n## Staking  \n  \nBurrito Wallet offers a staking service in collaboration with [Casper](https://iq.wiki/wiki/casper-network). [Casper](https://iq.wiki/wiki/casper-network) operates on a [Proof-of-Stake (POS)](https://iq.wiki/wiki/delegated-proof-of-stake-dpos) model, where users must deposit [Casper](https://iq.wiki/wiki/casper-network) coins to become validators, responsible for proposing and validating blocks on the network. This process, known as staking, involves depositing tokens into the network.  \n  \nValidators stake a specific amount of [Casper](https://iq.wiki/wiki/casper-network) coins to propose and validate blocks, with the aim of earning rewards in [Casper](https://iq.wiki/wiki/casper-network) coins proportional to their staked amount. For users unable to participate directly as validators due to time constraints or other limitations, there's an option to delegate their [Casper](https://iq.wiki/wiki/casper-network) coins to existing validators. Through delegation, users can stake their coins and potentially receive rewards based on the amount staked.[\\[9\\]](#cite-id-x3zxp6ud1dg)  \n  \n## Burrito Point System  \n  \nThe upcoming Burrito Point System update aims to improve user benefits by offering confirmed [airdrops](https://iq.wiki/wiki/airdrop) through accumulated points, replacing the previous first-come, first-served or lottery-based distribution method. Users can earn points through various events and basic wallet functions, with rewards exchangeable for tokens in the future.  \n  \nAdditionally, plans include introducing a spot product exchange service. [\\[10\\]](#cite-id-tkwtfhgjps)  \n  \n# Burrito Wallet V2  \n  \n## Beta Launch  \n  \nOn March 14th Burrito Wallet has launched an open beta phase for version 2 of its [Web3.0](https://iq.wiki/wiki/web3) digital wallet, running for approximately three weeks. During this period, users can explore core features like the Burrito Points System and Community Space, while also taking part in events to earn Burrito points and participate in token exchangeable [airdrops](https://iq.wiki/wiki/airdrop).  \n  \nThe open beta offers users a chance to preview Burrito Wallet v.2 before its official launch, with all stored coins and associated information securely maintained throughout the testing phase.  \n  \nHowever, Burrito points obtained through misuse or technical issues, as well as community content posted during the beta, may be subject to review and possible removal. Routine maintenance checks may occur during the beta to ensure safety and usability, with users notified beforehand through various channels.[\\[11\\]](#cite-id-pvf1ywu3g8)  \n![0*dUj8SmqT-2cVa6ev.webp](https://ipfs.everipedia.org/ipfs/QmT3oVdeWgNZbSGvRDwsnxnEmZv9inhNg3PhHUwDhw2uNG)  \n  \n# Partnerships  \n  \n## Burrito Wallet x Casper Labs  \n  \nBurrito Wallet has partnered with Casper Labs, aiming to integrate their secure mobile wallet with [Casper's](https://iq.wiki/wiki/casper-network) sustainable [blockchain](https://iq.wiki/wiki/blockchain) infrastructure. Casper Labs focuses on providing a decentralized platform using the energy-efficient [Casper](https://iq.wiki/wiki/casper-network) consensus algorithm.  \n  \nThis collaboration is intended to enable users to conveniently manage assets and interact with [dApps](https://iq.wiki/wiki/decentralized-application) directly from Burrito Wallet's interface, facilitating faster transactions and wider [blockchain](https://iq.wiki/wiki/blockchain) adoption.[\\[12\\]](#cite-id-mx1k130j7dh)  \n  \n## Burrito Wallet x 1inch Network  \n  \nBurrito Wallet and the [1inch network](https://iq.wiki/wiki/1inch) have formed a partnership with the goal of enhancing the [DeFi](https://iq.wiki/wiki/defi) experience for users. [1inch](https://iq.wiki/wiki/1inch), known for its [decentralized exchange](https://iq.wiki/wiki/decentralized-exchange) aggregation, seeks to improve trading efficiency by aggregating the best prices from multiple [DEXs](https://iq.wiki/wiki/decentralized-exchange).  \n  \nhis collaboration aims to simplify cryptocurrency swapping and provide direct access to various [DeFi](https://iq.wiki/wiki/defi) applications, contributing to a more user-friendly [DeFi](https://iq.wiki/wiki/defi) ecosystem and fostering mainstream adoption.[\\[13\\]](#cite-id-2b7ip95a081)  \n$$widget0 [YOUTUBE@VID](_seNnohztn0)$$","summary":"Burrito Wallet is a user-friendly, multi-chain Web 3.0 wallet developed by a Bithumb subsidiary, connecting users to decentralized platforms without travel rule constraints.","categories":[{"id":"defi","title":"Decentralized Finance"}],"promoted":0,"tags":[],"metadata":[{"id":"references","value":"[{\"id\":\"958qvopemon\",\"url\":\"https://casper.network/en-us/news/introducing-the-bithumb-burrito-wallet/\",\"description\":\"casper network - 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Burrito x 1inch network\",\"timestamp\":1712070103583}]"},{"id":"website","value":"https://www.burritowallet.com/en"},{"id":"twitter_profile","value":"https://twitter.com/BurritoWallet"},{"id":"linkedin_profile","value":"https://www.linkedin.com/company/burrito-wallet/?originalSubdomain=kr"},{"id":"youtube_profile","value":"https://www.youtube.com/@burritowallet"},{"id":"discord_profile","value":"https://discord.com/invite/XnZthvGj96"},{"id":"telegram_profile","value":"https://t.me/+nOf8UktfOpIwNjc0"},{"id":"medium_profile","value":"https://medium.com/@burritowallet"},{"id":"previous_cid","value":"QmVv68hpc4pZ7EpT8UJJ31jmjWBv9JA4sUAzMhuS6mUCS6"}],"user":{"id":"0x6753061a4cffbc0A617e57E956A298D88702a94B"},"author":{"id":"0xf32ECD5c8f5633212f1a25A3931aDDc0CEc42938","profile":null},"media":[{"name":"zYX11cprXjE","id":"https://www.youtube.com/watch?v=zYX11cprXjE","size":"0","type":null,"source":"YOUTUBE"},{"name":"_seNnohztn0","id":"https://www.youtube.com/watch?v=_seNnohztn0","size":"0","type":null,"source":"YOUTUBE"},{"name":"0*dUj8SmqT-2cVa6ev.webp","id":"QmT3oVdeWgNZbSGvRDwsnxnEmZv9inhNg3PhHUwDhw2uNG","size":"0.07","type":"GALLERY","source":"IPFS_IMG"}],"views":29,"events":[{"title":"Burrito Wallet launched","description":"Burrito Wallet was launched by Bithumb.","type":"CREATED","date":"2022-12","link":"https://medium.com/@burritowallet/%EC%9B%B93-%EB%B6%80%EB%A6%AC%EB%98%90%EC%9B%94%EB%A0%9B%EC%9C%BC%EB%A1%9C-%EB%A7%9B%EC%9E%88%EA%B2%8C-%EC%A6%90%EA%B8%B0%EC%9E%90-f7f639d89b3","multiDateStart":null,"multiDateEnd":null}],"linkedWikis":null,"ipfs":"QmVv68hpc4pZ7EpT8UJJ31jmjWBv9JA4sUAzMhuS6mUCS6","transactionHash":"0x993c2054412b859e3234492f59975f5af4fb09c1786a605e48e515bfa46b474b","created":"2024-04-02T15:20:35.601Z","updated":"2024-04-03T10:38:54.784Z","images":[{"id":"QmfXhurxEGZPuVbrtyVyyZuo8fRtTYtMy6DbMLZAPsZCuD","type":"image/jpeg, image/png"}]}