Vaporwave wallet

What is Vaporwave (VWAVE)?

Vaporwave Finance sits on Aurora, the EVM environment that runs on top of NEAR, and VWAVE is the governance token of that protocol. Governance here is not decorative: the token is the voting instrument over the optimizer's parameters and over its own economics, and it is designed to receive a share of what the protocol collects in fees.

Aurora is where most of the practical surprises come from. Addresses look like ordinary EVM addresses, and the tooling feels like Ethereum, but the chain is reached through a bridge rather than by sending from a standard Ethereum address, and fees there are paid in ETH that has been bridged onto Aurora, not in NEAR. People routinely bridge only the token they wanted and arrive with a wallet they cannot transact from. Aurora ETH and Ethereum ETH are also separate balances even though the ticker is identical, so keep them apart in your head.

VWAVE itself is a plain token on that chain. It does not rebase, its balance does not move on its own, and anything it does for you is triggered by a transaction you sign.

Supported networks in Tangem (1): Aurora.

The fee coin is the part worth planning for. Tangem holds the ETH that Aurora charges you with in the same wallet as the VWAVE it pays for, and the card signs the transaction when you tap it to the phone, so the gas is never stranded on a chain you are not looking at. That pairing of token and fee coin under one key is the reason this asset sits comfortably in Tangem.