Franken

Passionate about people and education.

[Xverse - Bank on Bitcoin @xverse]

Xverse Card.
Founding Release.
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Register now 🪪

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[Xverse - Bank on Bitcoin @xverse]

Don’t just hold Bitcoin. Live on it.

Spend. Without leaving self-custody.

Xverse Card is coming.

1/ Reserve your spot now 👇

[Franken @ItsFranken]

@SovereignLife @CallMeHunch @LeatherBTC @StackingDao @xverse Rewards appear to have started going out this block coming block. A lot of txs to go through, but should be there in the next 12hrs.

[Franken @ItsFranken]

@janbtc @grok Waiting for @TroyCaylak to work some magic on this post.

[Franken @ItsFranken]

@Wenlopezn @xverse What a highlight reel and congrats on all you achieved 🙌 A pleasure working with you and you’ll be missed by all! Looking forward to see what you achieve next year!

[Franken @ItsFranken]

@xverse @Satsdaq Letsss goo! 🔔

[Xverse - Bank on Bitcoin @xverse]

the bell has rung. only difference is we won't stop.

@satsdaq is live.

This is just the beginning - more updates coming soon. 🔔

[Franken @ItsFranken]

Okay. So this is something I'll give feedback to the team about.

That rate is purely based on the amount swapped - with fees included. So it's not the conversion rate per say it's just based on the total you are swapping.

i.e.
$0.0001 minus fees (821 sats - when mempool is at 1sat/vb) the app would show a conversion rate of 0.9188. Really this is just the total you are getting then shown as the equivalent of 1 BTC.

[Franken @ItsFranken]

@pawellwitt @spark I'll dm their team, thanks.

[Franken @ItsFranken]

@pawellwitt @spark No worries.

On the exchange rate - i'd try that again as I'm getting a much better rate and don't see a reason for that to be different.

If it stays that way I'll contact the Spark team.

[Franken @ItsFranken]

Hey there, sorry we haven’t got back to you sooner.

These fees are calculated by Spark, Xverse gets this rate directly from their SDK.

Their team is going to update the docs to make this rate clearer. Currently they default to the fastest rate (hence why you see the same rate across Low, Med, High) and they will look to change this in the future.

This is how they are calculated:
L1 fee = tx_vbytes*sats_per_vbyte
SSP fee = 111*sats_per_vbyte x 2where ~111 is the minimum tx_vbytes

Xverse does not charge on top of this and you’ll notice other platforms like https://t.co/7wubQ3lvBF also has the same figure.

[Franken @ItsFranken]

@PrincePablos itsss happening!

[Franken @ItsFranken]

@piggedbypiggy also free!

[Franken @ItsFranken]

@GwartyGwart @ellipticurve @rot13maxi @spark @brale_xyz For now. Mobile soon!

[Xverse - Bank on Bitcoin @xverse]

BitcoinFi won't scale with just hype.
It needs layers, it needs flow.

At @BitcoinConfAsia, our CEO @yukanl dropped the blueprint for Bitcoin’s future on-chain.

You’ll want to see this 👇

[Franken @ItsFranken]

@LUO4562580 @xverse @spark Yes. But for some reason theirs starts at the second account. So when importing to Xverse you’ll funds will be on the second account.

[Xverse - Bank on Bitcoin @xverse]

The Bitcoin L2 ecosystem is evolving, and so is Xverse.

Our integration with @spark is officially LIVE on Extension!
This brings a new level of speed, scalability, and sovereignty to your Bitcoin experience.

1/ Read on to learn more🧵👇

[Franken @ItsFranken]

@0xVeniVidiVici @nullish Beautiful hair you’ve got.

[Franken @ItsFranken]

@jdekpen @TheWeb3Kay @xverse Gm gm. You can swap both ways. There is a min of roughly $30 USD. We’re going to add a message about this in an upcoming update.

[Franken @ItsFranken]

@janbtc @LeonidasNFT @xverse Or like Jan and a *shake weight