Tokens and Wallets
As Shimmer supports ISC(IOTA Smart Contracts), the base token is used for more than speculation. Since ISC is built on top of the Tangle, it uses the Tangle to anchor state updates, operate between chains, mint Native Assets, and access the network. However, there is another major use for the base token in the Shimmer network.
Storage Deposits
With the introduction of storage deposits, any data you want to store on the Tangle needs to be backed by Shimmer tokens. NFTs, Smart Contract chain state anchors, and Native Assets require a deposit of Shimmer tokens to be stored on L1.
Buying Shimmer
You can find up-to-date instructions on how to buy SMR in
the Buying Shimmer section of this wiki.
Wallets
A wallet is a tool to access, transfer and manipulate your tokens on the Shimmer network. It gives you a convenient solution to store your secret keys and use them in the network to control your tokens.
It is important that you understand that your tokens are not actually stored in the wallet; they are stored in the Tangle. The wallet knows your seed's private and public keys, so it can access the addresses of all your tokens on the Shimmer network and has full control over all ledger functions.
Firefly Wallet
Firefly is the official IOTA wallet for the Shimmer Network. It is a secure entry point to the Shimmer ecosystem. If you are interested in using Firefly, you can follow this wiki's Firefly user guide.
TanglePay
TanglePay is a community driven wallet that is available on iOS, Android, and as a Chrome extension.