MEW Launches New Feature To Assemble Decentralized Apps

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MEW
MEW

MEW or MyEtherWallet has launched a new feature of ‘DApps Browser’ in its MEW mobile app which has become a recent phenomenon among DApp enthusiasts. The browser aims to bring together all the decentralized applications to the users in its platform.

The DApps Browser enables the users to browse and connect with the latest decentralized protocols like Balancer, SushiSwap, and UniSwap. Users can also get quick service of loans and staking. They can easily access their DeFi profile to know information about deposits and loans.

Users Get Easy Access To DApps With MEW’s Browser

Recently, Ethereum wallet MEW collaborated with DappRadar to bring together more than two thousand decentralized apps based on Ethereum. The applications include decentralized finance and non-fungible tokens.

The wallet also promises to give utmost security to the users with a private key. The private key is completely connected with the encrypted device storage and it remains separated from the DApps.

MyEtherWallet lets the users access other decentralized wallet apps like Trust Wallet and Status. The apps have shown more than six million downloads recently while DappRadar witnessed 72,000 active users daily. The data indicates the better prospect of MEW’s growth.

According to Kosala Hemachandra, MyEtherWallet CEO, the company focuses to bring all the DApps in the same platform for the user so that they can easily access the applications and get relevant information from them. Hemachandra adds that the wallets will surely turn into trustworthy hubs where the Ethereum based decentralized applications will assemble.

Users will also be able to approach the NFT ecosystem easily through this new feature. Reportedly the NFT sector recorded rapid growth and gained over $33 million as compared to its respective value in January.

DappRadar informed as the attraction towards blockchain-based protocols is increasing, Ethereum definitely marks to be the most favored platform.