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wDUCO tutorial
Duino-Coin is a hybrid currency, meaning that it can be converted to wDUCO which is DUCO wrapped on the Tron network (as a token).
Currently there aren't many uses for it other than just storing funds in external wallet or exchanging wDUCO to another token on JustSwap, but in the future it will be a great way to integrate the decentralized version of Duino-Coin on other exchanges and wallets.
Before starting, make sure you have tronpy
(tron lib) and cryptography
(for encrypting private key) modules for python3 installed.
- Open your DUCO GUI (desktop) or CLI (console) Wallet
- If you're using the GUI Wallet:
- Open the settings tab
- Click the Configure Wrapper button
- If you're using the CLI Wallet:
- Start wrapper configuration tool by typing
wrapperconf
- Start wrapper configuration tool by typing
- Input your private key (for example your tronlink key) and set a passphrase used for encrypting it
After setting up the wrapper in one of the two wallets, you can wrap DUCOs (convert them to wDUCO).
- Open your Wallet
- Type
wrap
to start the wrapping process OR click Wrap DUCO button - Follow the instructions displayed by the wallet
After setting up the wrapper in one of the two wallets, you can unwrap wDUCOs (convert them to DUCO).
Note: make sure you have some TRX in your wallet for the fees! Unwraping will use ~5 TRX (~0.5 USD) as fees.
- Open your Wallet
- Type
unwrap
to start the unwrapping process OR click Unwrap DUCO button - Follow the instructions displayed by the wallet
Swap rates: 1 DUCO = 1 wDUCO
Token address: TWYaXdxA12JywrUdou3PFD1fvx2PWjqK9U
wDUCO is maintained by Yanis