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SolFlare Web Wallet

Introduction#

SolFlare.com is a community-created web wallet built specifically for Renec. SolFlare supports sending and receiving native RENEC tokens as well as sending and receiving SPL Tokens (Renec's ERC-20 equivalent). SolFlare also supports staking of RENEC tokens.

As a non-custodial wallet, your private keys are not stored by the SolFlare site itself, but rather they are stored in an encrypted Keystore File or on a Ledger Nano S or X hardware wallet.

This guide describes how to set up a wallet using SolFlare, how to send and receive RENEC tokens, and how to create and manage a stake account.

Getting Started#

Go to https://www.solflare.com in a supported browser. Most popular web browsers should work when interacting with a Keystore File, but currently only Chrome and Brave are supported when interacting with a Ledger Nano.

Using a Keystore File#

Create a new Keystore File#

To create a wallet with a Keystore file, click on "Create a Wallet" and select "Using Keystore File". Follow the prompts to create a password which will be used to encrypt your Keystore file, and then to download the new file to your computer. You will be prompted to then upload the Keystore file back to the site to verify that the download was saved correctly.

NOTE: If you lose your Keystore file or the password used to encrypt it, any funds in that wallet will be lost permanently. Neither the Renec team nor the SolFlare developers can help you recover lost keys.

You may want to consider saving a backup copy of your Keystore file on an external drive separate from your main computer, and storing your password in a separate location.

Access your wallet with a Keystore File#

To use SolFlare with a previously created Keystore file, click on "Access a Wallet" and select "Using Keystore File". If you just created a new Keystore file, you will be taken to the Access page directly. You will be prompted to enter the password and upload your Keystore file, then you will be taken to the wallet interface main page.

Using a Ledger Nano hardware wallet#

NOTE: Please see known issues for any current limitations in using the Nano.

Initial Device Setup#

To use a Ledger Nano with SolFlare, first ensure you have set up your Nano and have installed the latest version of the Renec app on your device.

Select a Ledger address to access#

Plug in your Nano and open the Renec app so the device screen displays "Application is Ready".

From the SolFlare home page, click "Access a Wallet" then select "Using Ledger Nano S | Ledger Nano X". Under "Select derivation path", select the only option:

Renec - 44`/501`/

Note: Your browser may prompt you to ask if SolFlare may communicate with your Ledger device. Click to allow this.

Select an address to interact with from the lower drop down box then click "Access".

The Ledger device can derive a large number of private keys and associated public addresses. This allows you to manage and interact with an arbitrary number of different accounts from the same device.

If you deposit funds to an address derived from your Ledger device, make sure to access the same address when using SolFlare to be able to access those funds. If you connect to the incorrect address, simply click Logout and re-connect with the correct address.

Select a Network#

Renec maintains three distinct networks, each of which has its own purpose in supporting the Renec ecosystem. Mainnet Beta is selected by default on SolFlare, as this is the permanent network where exchanges and other production apps are deployed. To select a different network, click on the name of the currently selected network at the top of the wallet dashboard, either Mainnet, Testnet or Devnet, then click on the name of the network you wish to be using.

Sending and Receiving RENEC Tokens#

Receiving#

To receive tokens into your wallet, someone must transfer some to your wallet's address. The address is displayed at the top-left on the screen, and you can click the Copy icon to copy the address and provide it to whoever is sending you tokens. If you hold tokens in a different wallet or on an exchange, you can withdraw to this address as well. Once the transfer is made, the balance shown on SolFlare should update within a few seconds.

Sending#

Once you have some tokens at your wallet address, you can send them to any other wallet address or an exchange deposit address by clicking "Transfer RENEC" in the upper-right corner. Enter the recipient address and the amount of RENEC to transfer and click "Submit". You will be prompted to confirm the details of the transaction before you use your key to sign the transaction and then it will be submitted to the network.

Staking RENEC Tokens#

SolFlare supports creating and managing stake accounts and delegations. To learn about how staking on Renec works in general, check out our Staking Guide.

Create a Stake Account#

You can use some of the RENEC tokens in your wallet to create a new stake account. From the wallet main page click "Staking" at the top of the page. In the upper- right, click "Create Account". Enter the amount of RENEC you want to use to fund your new stake account. This amount will be withdrawn from your wallet and transfered to the stake account. Do not transfer your entire wallet balance to a stake account, as the wallet is still used to pay any transaction fees associated with your stake account. Consider leaving at least 1 RENEC in your wallet account.

After you submit and sign the transaction you will see your new stake account appear in the box labeled "Your Staking Accounts".

Stake accounts created on SolFlare set your wallet address as the staking and withdrawing authority for your new account, which gives your wallet's key the authority to sign for any transactions related to the new stake account.

View your Stake Accounts#

On the main Wallet dashboard page or on the Staking dashboard page, your stake accounts will be visible in the "Your Staking Accounts" box. Stake accounts exist at a different address from your wallet.

SolFlare will locate any display all stake accounts on the selected network for which your wallet address is assigned as the stake authority. Stake accounts that were created outside of SolFlare will also be displayed and can be managed as long as the wallet you logged in with is assigned as the stake authority.

Delegate tokens in a Stake Account#

Once you have selected a validator, you may delegate the tokens in one of your stake accounts to them. From the Staking dashboard, click "Delegate" at the right side of a displayed stake account. Select the validator you wish to delegate to from the drop down list and click Delegate.

To un-delegate your staked tokens (also called deactivating your stake), the process is similar. On the Staking page, at the right side of a delegated stake account, click the "Undelegate" button and follow the prompts.

Split a Stake Account#

You may split an existing stake account into two stake accounts. Click on the address of a stake account controlled by your wallet, and under the Actions bar, click "Split". Specify the amount of RENEC tokens you want to split. This will be the amount of tokens in your new stake account and your existing stake account balance will be reduced by the same amount. Splitting your stake account allows you to delegate to multiple different validators with different amounts of tokens. You may split a stake account as many times as you want, to create as many stake accounts as you want.

Signing a Transaction#

Any time you submit a transaction such as sending tokens to another wallet or delegating stake, you need to use your private key to sign the transaction so it will be accepted by the network.

Using a Keystore File#

If you accessed your wallet using a Keystore file, you will be prompted to enter your password any time the key is needed to sign a transaction.

Using a Ledger Nano#

If you accessed your wallet with a Ledger Nano, you will be prompted to confirm the pending transaction details on your device whenever the key is needed to sign. On the Nano, use the left and right buttons to view and confirm all of the transaction details. If everything looks correct, keep clicking the right button until the screen shows "Approve". Click both buttons to approve the transaction. If something looks incorrect, press the right button once more so the screen shows "Reject" and press both buttons to reject the transaction. After you approve or reject a transaction, you will see this reflected on the SolFlare page.