FAQ – frequently asked questions

 Frequently asked questions

Q: How to create a new Stellar wallet?
A: In the menu “My Wallet”, you select “Create new account”. Then you choose an option “Generate keypair” and your new wallet is created. Remember to carefully write down and safely store your public and secret key.

Q: Does my new Stellar wallet requires activation?
A: Yes. To use your Stellar account, you must activate it by sending at least 5 Lumens (XLM) to your account. You can buy Lumens (XLM) from an exchange and send them to your Stellar address.

Q: Where do I assign a trust-line for a specific asset?
A: Trust-line is assigned in the menu “My Wallet”, by selecting “Add asset trust”. Prior to use, you have to assign a trust-lines for Liquido (XLQ), Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Tether (USDT) assets to our Stellar issuing address: GD2RRX6BKVTORZ6RIMBLWFVUOAYOLTS2QFJQUQPXLI3PBHR3TMLQNGZX

Q: Where can I check the status of the block-chain network?
A: In the menu “Resources”, under section “Utilities and Explorers”, you’ll find several different explorers and other useful utilities for Stellar network.

Q: How do you determine a value of Liquido (XLQ)?
A: A value of Liquido (XLQ) asset is calculated by simply dividing a total portfolio worth with a number of distributed coins. If a total portfolio worth would be 2.500 USDT and 1.000 XLQ coins would be distributed, then 1 XLQ would be worth 2.5 USDT.

Q: How is Liquido (XLQ) investment portfolio diversified?
A: A major portion (50%) of Liquido (XLQ) investment portfolio is included in index trading, which represents trading with top ten crypto-currencies by market capitalization. A portion of 20% is included in analytics trading, leveraging our advanced analytics studies. A minor portion of 10% is involved with margin trading with a maximum leverage of 2.5x. Another 20% represent fiat reserves.

Q: What is Tether (USDT) asset on Stellar network?
A: Tether (USDT) is a crypto-currency that originally exist on Bitcoin blockchain (via Omni Layer) and on Ethereum blockchain (as an ERC-20 token). To enable the use of Tether (USDT) asset on the Stellar network, we have created an off-chain anchor for bridging Tether (USDT) and the Stellar network.