ace®® | wallet | extension™®

# Lace Wallet Extension: Redefining Multi-Chain Web3 Management The Lace Wallet Extension has emerged as a transformative force in the Web3 landscape, offering a comprehensive solution for managing digital assets across multiple blockchains. Built by Input Output Global (IOG), Lace is designed to address the fragmentation that has long plagued cryptocurrency management, where users have been forced to juggle multiple wallets, switch between networks, and constantly second-guess their transactions. ## The Evolution to Lace 2.0 The release of Lace 2.0 marks a significant milestone in the wallet's development, bringing together Cardano, Bitcoin, and Midnight in a single, unified interface . This multi-chain capability means users can now manage their assets without bouncing between different wallets or interfaces, eliminating fragmented balances and unnecessary steps . The Lace browser extension is now available on multiple browsers, including Chrome and Firefox, making it accessible to millions of users . The extension is open-source, allowing anyone to inspect the source code, understand how the released extensions are built, and file issues against what they find . ## Key Features of Lace Wallet Extension ### Multi-Chain Support The most distinctive feature of Lace 2.0 is its ability to support multiple blockchains within a single wallet experience. Currently, users can manage assets from Cardano, Bitcoin, and Midnight, with plans to add additional major blockchains in the future . This interoperability positions Lace as a go-to wallet for users seeking seamless Web3 experiences. ### Privacy on Your Terms Lace introduces a hybrid approach to privacy through its integration with Midnight. Users can choose between shielded and unshielded addresses, giving them granular control over how their transactions are viewed . Shielded tokens are private assets whose balances are known only to the user, with sensitive metadata like sender, receiver, and amount protected by Zero-Knowledge technology . The DUST Tank feature serves as a privacy battery, showing users exactly how much energy they have stored up for private interactions. Status indicators like "Refilling" or "Decaying" inform users about their privacy resources, while the One-Click Setup makes the complex process of generating DUST simple and intuitive . ### Non-Custodial Security Lace is non-custodial by design, meaning users retain control of their private keys and assets at all times . The wallet supports hardware wallet integration with Ledger and Trezor devices for both Cardano and Bitcoin . For users seeking maximum security, Lace now supports SeedSigner, an open-source, air-gapped signing device that uses animated QR codes to sign transactions without ever plugging the signing device into a computer . ### Staking and Multi-Staking Cardano users can stake their ADA directly through Lace, earning rewards automatically at the end of every delegation cycle. The multi-staking feature allows users to delegate to up to ten stake pools simultaneously, with the ability to adjust ratios and percentages for each pool . The staking interface displays important metrics including saturation, cost, margin, produced blocks, pledge, and live stake. Users can sort stake pools by these parameters to make informed decisions about their delegation strategies . ### Swap Functionality Lace integrates swap functionality through decentralized exchanges (DEXs) directly into the wallet interface. Users can trade tokens without relying on centralized exchanges, with the process handled by third-party DEX protocols like MinSwap, SundaeSwap, or MuesliSwap . The interface displays estimated amounts, network fees, protocol fees, and exchange rates before confirmation . ### NFT Management The wallet includes a comprehensive NFT gallery, allowing users to browse, store, and send their NFTs from a clean, mobile-friendly interface. Users can purchase NFTs directly from creator websites during minting or on secondary marketplaces . ### Mobile Compatibility Lace is expanding beyond the browser extension with mobile support for iOS and Android . The mobile app offers the same multi-chain functionality, staking, swaps, and DeFi access, ensuring users can manage their assets whether at their desk or on the move . Hardware wallet support for Ledger and Trezor has been extended to mobile platforms as well . ### DApp Connectivity Lace connects users to the decentralized application ecosystem, enabling secure DApp connections and transaction signing. The wallet ensures every interaction with DApps is smooth and secure . ## Frequently Asked Questions ### How do I set up Lace Wallet Extension? Download and install the Lace extension from the Chrome Web Store or Microsoft Edge Add-ons. Open the extension, create a new wallet or restore an existing one using your recovery phrase. For hardware wallet users, connect your Ledger or Trezor device, open the Cardano ADA app, and select "Connect under Hardware wallet" . ### What happens if I lose access to my wallet? If you lose access due to biometric changes or other issues, you will need to restore your wallet using your recovery phrase. This is why it's crucial to store your recovery phrase safely. Changing biometric settings like Face ID or fingerprints can invalidate the encryption key used to protect your wallet . ### How does staking work in Lace? Staking rewards are automatically distributed to your rewards address at the end of every delegation cycle. Each cycle consists of four epochs, with each epoch lasting five days, so it takes 16-20 days to receive rewards initially. Once ADA is delegated to a stake pool, it remains in your wallet and is not locked . ### Can I use Lace with a hardware wallet? Yes, Lace supports Ledger and Trezor hardware wallets for both Cardano and Bitcoin. You can import Bitcoin accounts from your hardware wallet and sign transactions directly with your device, all while managing your existing native assets from the same application . ### What is the difference between shielded and unshielded assets? Unshielded assets have transaction history visible on the public blockchain, making them suitable for activities like governance where transparency is key. Shielded tokens are private assets whose balances and transaction details are known only to you, protected by Zero-Knowledge technology. Lace allows you to manage both types in a single interface . ## Functionality and User Experience Lace Wallet Extension functions as a complete Web3 portal, providing users with a streamlined interface for managing their digital assets, NFTs, and DeFi activities . The wallet adapts to users at different experience levels, making it simple for crypto newcomers while packing advanced features for crypto natives . The extension builds transactions intelligently, helping transactions complete more reliably even as wallets become more complex. Performance improvements include faster loading, more accurate token pricing, better hardware wallet guidance, and a smoother dApp experience . For users concerned about transaction fees, Lace displays all applicable fees before confirmation, including network and protocol fees. The wallet highlights verified tokens to help reduce risk, though users are always encouraged to double-check token policy IDs to avoid scams . Lace integrates fiat on-ramps through Banxa, allowing users to purchase ADA directly within the platform . The wallet also supports multiple display currencies with improved currency selection experience . ## Conclusion Lace Wallet Extension represents a significant step forward in Web3 wallet technology. By combining multi-chain support, robust privacy features, non-custodial security, and an intuitive user experience, Lace addresses the fragmentation that has long been a barrier to mass adoption. Whether you're managing Cardano, Bitcoin, or Midnight assets, staking ADA, swapping tokens, or exploring DApps, Lace provides a unified, secure, and user-friendly experience that adapts to your needs. As the Web3 ecosystem continues to evolve, Lace is positioning itself as the wallet of choice for users seeking a connected, interoperable future where everything works together—and everything works for you.